Capital Efficiency and Precise Portfolio Management

Cboe Equity Index Derivatives Suite

Gain capital-efficient exposure to U.S. and global markets with Cboe's equity index options and futures. Hedge risk and optimize strategy with S&P 500, FTSE Russell, and more.

Equity Index Derivatives Suite

Hedge global market exposure on leading benchmarks including S&P 500, Russell, and Dow Jones indices. From domestic large-cap to international risk management, find the right tools for every strategy.

S&P 500

Gain exposure to the leading large-cap equity index to hedge, generate income, and manage portfolio risk with precision. Multiple contract sizes and structures provide flexible position sizing and capital efficiency.

  • SPX: S&P 500 Index Options
  • XSP: Mini-S&P 500 Index Options
  • NANOS: S&P 500 Nanos Index Options
  • SPXW: S&P 500 Weeklys Options
  • SPEQX: S&P 500 Equal Weight Index Options
  • SPESG: S&P 500 Scored & Screened Index Options
  • VA: S&P 500 Variance Futures

Russell

Access the full market capitalization spectrum from large-cap to small-cap growth potential. Essential tools for balanced portfolio construction and tactical tilts across investment styles.

  • RUT: Russell 2000 Index Options
  • MRUT: Mini-Russell 2000 Index Options
  • RUI: Russell 1000 Index Options
  • RLG: Russell 1000 Growth Options
  • RLV: Russell 1000 Value Options

Dow Jones

Capitalize on blue-chip stability and dividend yield strategies while managing concentrated position risk.

  • DJX: Dow Jones Industrial Average Index Options

Key Resources

Explore specifications, strategy briefs, and other materials for optimal use of Equity Index Derivatives.

Latest Market Insights

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Stay current with timely market overviews, expert commentary, and best-in-class techniques for navigating Cboe Equity Index Derivatives.

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The Latest

How Stocks and the VIX Index Can Rise Together

Markets have reached record highs. The S&P 500 Index has returned 4.7% year-to-date, supported by strong first quarter earnings and significant investor interest in artificial intelligence. On the surface, it looks like a strong rally, but market appearances don't always tell the full story.

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The Latest

Market Metrics That Matter: Derivatives April 2026 Volume Highlights

April was another strong volume month for U.S. options with 20.63 million contracts traded. Cboe's proprietary index options set a single-day record on April 14 with 9.0 million contracts traded.

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The Latest

The State of the Options Industry: Q1 2026

The options market experienced significant growth and dynamic shifts during the first quarter of 2026, marked by record-setting volumes across major index, ETF, and single stock contracts. There was robust activity in both established and newly launched products, as well as evolving regulatory and structural developments.

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VP Derivatives Market Intelligence

Mandy Xu

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Henry Schwartz

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