SPX Options definition

SPX Options means the prices of a weighted series of out-of-the money put and call options on the level of the S&P 500® Index used in the calculation of the VIX Index.
SPX Options means the put and call options on the level of the S&P 500® Index used in the calculation of the VIX Index.

Examples of SPX Options in a sentence

  • Cboe began publishing information at 7:30 a.m. and required all strategy orders for SPX Options to be made within fifty minutes, meaning the manipulators only needed to move the market shortly before 8:20 a.m. to have an effect.

  • Plaintiffs bring an ordinary negligence claim against Cboe, alleging Cboe owed them a duty of reasonable care in designing, testing, and promoting the VIX calculation process, the SOQ settlement process, VIX Futures, VIX Options, and SPX Options.

  • Cboe was the exclusive provider of options on the SPX, offering a range of SPX Options, including those with morning and afternoon settlements, weekly options, end-of-month options, and mini SPX options.

  • This allowed Does to make a small number of out-of-the-money SPX Options trades and have a disproportionate impact on the settlement values of the VIX Options and Futures.

  • However, the number of those SPX Options that were VIX-eligible was higher, to a statistically significant degree, on the settlement day.

  • The resulting VIX price is published every 15 seconds during regular trading hours (8:30 a.m. to 3:15 p.m. Central time) and extended trading hours (2:00 a.m. to 8:15 a.m. Central time) for SPX Options on the CBOE.

  • Though the SOQ process only included SPX Options expiring in 30 days’ time, the harm of the manipulative trades was not so confined.

  • VIX is calculated by using the pricing for SPX Options with Friday expiration dates that are more than 23 days, but less than 37 days, from the current date.

  • This is because prices for SPX Options are correlated (as they are for VIX Options and VIX Futures) across related tenors and strikes.

  • The FLEX Trader desires to hedge its portfolio with FLEX SPX Options.


More Definitions of SPX Options

SPX Options means Short SPX Call Options and Long SPX Put Options.
SPX Options means a weighted series of out-of-the-money put and call options on the level of the S&P 500® Index.

Related to SPX Options

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • SARS means the South African Revenue Service.

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Promised Options means promised but ungranted Options that are the greater of those (i) promised pursuant to agreements or understandings made prior to the execution of, or in connection with, the term sheet or letter of intent for the Equity Financing or Liquidity Event, as applicable (or the initial closing of the Equity Financing or consummation of the Liquidity Event, if there is no term sheet or letter of intent), (ii) in the case of an Equity Financing, treated as outstanding Options in the calculation of the Standard Preferred Share’s price per share, or (iii) in the case of a Liquidity Event, treated as outstanding Options in the calculation of the distribution of the Proceeds.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.