CBOE to offer DAILY expiries for RUSSELL 2000 index options

Discussion in 'Options' started by Quanto, Dec 25, 2023.

  1. Quanto

    Quanto

    https://www.marketsmedia.com/cboe-to-offer-daily-expiries-for-russell-2000-index-options/
    "
    Cboe TO OFFER DAILY EXPIRIES FOR RUSSELL 2000 INDEX OPTIONS SUITE, BEGINNING JANUARY 8, 2024
    [...]
    CHICAGO, December 21, 2023 – Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today announced it plans to launch Tuesday and Thursday-expiring Russell 2000® Index weekly (RUTW) options and Mini-Russell 2000® Index weekly (MRUT) options, beginning Monday, January 8, 2024. With these new listings, Cboe expands its cash-settled Russell 2000 Index weekly options suite to offer investors with expirations every trading day of the week.
    [...]
    RUTW and MRUT options are European-style options (no early exercise) and cash-settled (no delivery or assignment of shares) at expiration with P.M. settlement. MRUT options are structured like standard RUTW options and similarly track the underlying Russell 2000 Index but feature a smaller contract that is 1/10th the size. MRUT offers a potentially more cost-effective way to execute small-cap equity trading strategies.
    [...]
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