Cboe Announces the Continued Expansion of SPX Options Suite with Additional Expirations

Cboe Global Markets, Inc., a leading provider of global market infrastructure and tradable products, today announced the continued expansion of its S&P 500 Index (SPX) options suite with additional expirations for SPX Weeklys Tuesday and Thursday options, beginning September 19 and September 28, respectively.

Total volume in SPX Tuesday and Thursday options have surpassed 44 million contracts since their launch in second-quarter 2022, reflecting strong customer interest and trading activity. The additional expirations for SPX Tuesday and Thursday options will align with the number of expirations currently available for SPX Monday and Wednesday options, and meet growing customer demand for Cboe's SPX offerings.  

In addition, Cboe will introduce new Tuesday and Thursday-expiring Mini-S&P 500 Index (XSP) options beginning October 3 and October 12, respectively. With these changes, both SPX and XSP options will offer expirations every day, going out at least four weeks, enabling traders to express their views with even greater precision.

"Cboe's proprietary Weeklys contracts are one of our fastest growing products and with these new listings, we are continuing to build out our world-class S&P 500 options franchise to bring even more product choice and versatility to suit our global customers' diverse trading needs," said Arianne Adams, Senior Vice President and Head of Derivatives and Global Client Services at Cboe Global Markets. "As ultra-short-dated SPX options trading activity hit record levels, these new expirations meet strong retail and institutional client demand for cash-settled options to spread risk across more trading days and manage intraday volatility in the markets with even greater agility and efficiency."