CBOE to Launch SPX End-of-Month Options in July

Chicago Board Options Exchange, Incorporated (CBOE®) announced that on Monday, July 7, it plans to introduce PM-settled, End-of-Month options series (EOM) -- with expiration dates falling on the last business day of the month -- for its S&P 500® Index (SPX(SM)) options.

CBOE is adding SPX EOM options to its SPX options product line in response to requests from asset managers who want to more precisely match SPX option expirations to end-of-month fund cycles and fund performance periods.