Nanos have benefits. Like, a lot of ‘em.
Everything has benefits — insurance, memberships, even gyms and stuff.
Nanos are no different.
Let’s put on our trading scuba gear and dive deep into the world of options trading.
For starters, how about affordability?
Nanos are the first-and-only exchange-listed one multiplier option in the history of options trading. In a nutshell, that means the price you SEE is precisely the price you PAY— which means you can own a Nanos for about the same price as a cup of Starbucks — oh, and plus applicable fees and commissions.
Another Nanos benefit is way simpler decision making.
Why’s that? Well because they have fewer strike prices listed than standard options contracts, and real short expiration dates. If that doesn’t mean much to you, it just… makes it easier to pick which Nanos contract you want to buy or sell.
So, what’s the cherry on top?
Nanos are based on the S&P 500 Index* — meaning, all settlements are in cash with no stock shares. Your bank account is hungry, so when you do have earnings — though sometimes you might not — why not feed the thing with cash?
And here’s my big finale.
If you’re new to options, Nanos are great for honing your skills. And if you’re already mad-scientist-genius-level, you can leverage the flexibility of Nanos to try new trading strategies.
With Nanos, now you've got options.
*Nanos trade on Cboe as a $1 multiplier option (versus a $100 multiplier for standard options) on the Mini-S&P 500 Index, which is 1/10th the value of the S&P 500 Index.
Options are not suitable for all investors. Before trading Nanos, you should discuss with your broker whether trading Nanos is right for you and review the Characteristics and Risks of Standardized Options (or Options Disclosure Document) regarding risks associated with trading options.
Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (also referred to as the Options Disclosure Document or ODD). Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]om). The information in this document is provided for general education and information purposes only. No statement(s) within this document should be construed as a recommendation to buy or sell a security or to provide investment advice. Supporting documentation for any claims, comparisons, statistics, or other technical data in this document is available by contacting Cboe Global Markets at www.cboe.com/contact. Past performance is not predictive of future returns. Cboe®, Cboe Global Markets®, Cboe Volatility Index®, FLEX®, VIX®, and XSP® are registered trademarks and NanosSM, Nanos by CboeSM, Cboe NanosSM, Nanos OptionsSM, and Options InstituteSM are service marks of Cboe Exchange, Inc. or its affiliates. S&P 500® and SPX® are registered trademarks of Standard & Poor’s Financial Services, LLC and have been licensed for use by Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners. © 2022 Cboe Exchange, Inc. All rights reserved.