DJX

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Options on the Dow Jones Industrial Average (DJX) deliver concentrated blue-chip exposure with enhanced liquidity, strategic flexibility, and capital efficiency across 30 of America's most established companies.

Trade Data

(as of December 3, 2025)

18,823

volume

72,139

open interest

Why DJX

Tap into 30 leading U.S. stocks at once. DJX index options offer capital efficiency, liquidity, and streamlined exposure to a key market benchmark.

Benefits

Cash Settlement

Positions settle directly to cash at expiration without the need to deliver or receive unwanted shares.

European Exercise

Options can only be exercised at expiration, providing certainty and eliminating early assignment risk.

Potential 60/40 Tax Treatment

Benefit from potentially favorable 60/40 tax treatment (60% long-term, 40% short-term).*

Historical Performance for DJX Index Options

Product Key Resources

Latest Market Insights

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Stay current with timely market overviews, expert commentary, and best‑in‑class techniques for navigating DJX options.

SPX® Skew in the 99th Percentile High as Downside Risks Rise
Derivative Market Intelligence

SPX® Skew in the 99th Percentile High as Downside Risks Rise

Following this weekend’s strikes by the US, oil markets remain fairly stable as investors wait for Iran’s response. WTI 1M implied volatility surged to as high as 68% last week before ending the week at 51%. The WTI 1M implied-realized vol spread has halved from a high of 30 pts to 14 currently, as fears of significant oil supply disruption have abated somewhat. Notably, US inflation expectations have barely budged on this latest jump in oil prices, in sharp contrast to the 2022 Russia/Ukraine invasion.

There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: Disclosures and Disclaimers Related to Cboe Products and Services. These products are complex and are suitable only for sophisticated market participants. In certain jurisdictions, Cboe Company products are only permitted for investment professionals, certified sophisticated investors, or high net worth corporations and associations. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle.