Cboe S&P 500 BuyWrite Index (BXM)

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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.

All labels observed (3)

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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
hasAbbreviation BXM
hasComponent S&P 500 constituent stocks
S&P 500 index call options
incomeSource call option premiums
maintainedBy Cboe Global Indices
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
positionType long S&P 500 portfolio
short S&P 500 call options
provider Cboe
linked to: Cboe Global Indices
rebalancingFrequency monthly
region United States
relatedIndex Cboe S&P 500 2% OTM BuyWrite Index (BXY)
Cboe S&P 500 PutWrite Index (PUT)
S&P 500 Total Return Index
linked to: S&P 500 Index
returnDrivers equity market performance
option premium income
riskProfile lower volatility than S&P 500 historically
sponsor Cboe Global Markets
strategyType buy-write
covered call
targetInvestor income-oriented investors
investors seeking reduced equity volatility
tickerSymbol BXM
tracks performance of a hypothetical covered call strategy on the S&P 500
underlyingAssetClass U.S. large-cap equities
underlyingIndex S&P 500 Index
useCase benchmark for covered call strategies
reference index for investment products

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Cboe Global Markets notableIndex Cboe S&P 500 BuyWrite Index (BXM)
Cboe S&P 500 BuyWrite Index fullName Cboe S&P 500 BuyWrite Index
linked to: Cboe S&P 500 BuyWrite Index (BXM)
Cboe S&P 500 BuyWrite Index relatedIndex Cboe S&P 500 2% OTM BuyWrite Index (BXY)
linked to: Cboe S&P 500 BuyWrite Index (BXM)