Cboe S&P 500 BuyWrite Index (BXM)
E631878
The Cboe S&P 500 BuyWrite Index (BXM) is a benchmark that tracks a covered call strategy on the S&P 500, combining long equity exposure with systematically written call options to measure the performance of a buy-write approach.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| Cboe S&P 500 BuyWrite Index | 0 |
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
covered call index
ⓘ
options strategy benchmark ⓘ stock market index ⓘ |
| benchmarkFor |
buy-write ETFs
ⓘ
covered call funds ⓘ |
| category |
income-oriented index
ⓘ
options-based index ⓘ |
| currency | US dollar ⓘ |
| dataVendorCategory | strategy index ⓘ |
| exposureType | equity plus short volatility ⓘ |
| fullName | Cboe S&P 500 BuyWrite Index NERFINISHED ⓘ |
| hasAbbreviation | BXM NERFINISHED ⓘ |
| hasComponent |
S&P 500 constituent stocks
ⓘ
S&P 500 index call options ⓘ |
| incomeSource | call option premiums ⓘ |
| maintainedBy | Cboe Global Indices NERFINISHED ⓘ |
| methodology | hold S&P 500 portfolio and write monthly at-the-money calls ⓘ |
| objective | measure performance of a buy-write strategy on the S&P 500 ⓘ |
| optionMoneyness | at-the-money ⓘ |
| optionPosition | systematically written call options ⓘ |
| optionType | European-style call options ⓘ |
| optionUnderlying | S&P 500 Index NERFINISHED ⓘ |
| positionType |
long S&P 500 portfolio
ⓘ
short S&P 500 call options ⓘ |
| provider | Cboe NERFINISHED ⓘ |
| rebalancingFrequency | monthly ⓘ |
| region |
United States of America
ⓘ
surface form:
United States
|
| relatedIndex |
Cboe S&P 500 2% OTM BuyWrite Index (BXY)
NERFINISHED
ⓘ
Cboe S&P 500 PutWrite Index (PUT) NERFINISHED ⓘ S&P 500 Total Return Index NERFINISHED ⓘ |
| returnDrivers |
equity market performance
ⓘ
option premium income ⓘ |
| riskProfile | lower volatility than S&P 500 historically ⓘ |
| sponsor | Cboe Global Markets NERFINISHED ⓘ |
| strategyType |
buy-write
ⓘ
covered call ⓘ |
| targetInvestor |
income-oriented investors
ⓘ
investors seeking reduced equity volatility ⓘ |
| tickerSymbol | BXM NERFINISHED ⓘ |
| tracks | performance of a hypothetical covered call strategy on the S&P 500 ⓘ |
| underlyingAssetClass | U.S. large-cap equities ⓘ |
| underlyingIndex | S&P 500 Index NERFINISHED ⓘ |
| useCase |
benchmark for covered call strategies
ⓘ
reference index for investment products ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.