Cboe Global Markets today announced the expansion of its Dow Jones Industrial Average® index (DJX) options suite with the addition of daily expiring options, effective May 18, 2026.

DJX options are exclusively listed and traded on Cboe Options (C1) and Cboe C2 Options (C2) exchanges and provide investors access to one of the oldest and most widely followed equity indices, the Dow Jones Industrial Average (DJIA®), which measures the performance of 30 blue-chip U.S. companies. DJX options are based on 1/100th of the DJIA level, providing a more efficiently sized contract for traders to manage their notional exposure with greater flexibility and precision.

As of March 31, 2026, DJX index options had an open interest representing more than $472 million in notional value.

“We have seen that investors are increasingly utilizing index options for their shorter-dated strategies, and Cboe is proud to broaden our product lineup across different types of market exposures and index constructions to include daily expiring options on a household-name such as the Dow Jones Industrial Average,” said Meaghan Dugan, Head of U.S. Derivatives at Cboe. “For decades, The Dow® has been a closely watched gauge of market performance. By adding daily expirations, traders have another tool to help hedge or implement yield strategies with DJX options to complement or augment their existing strategies.”

Cboe offers daily expirations for several of its proprietary index options, including S&P 500 Index® (SPX®) options, mini-SPX (XSP) options, Russell 2000 Index (RUT) options, Cboe Magnificent 10 Index (MGTN) options, Cboe Bitcoin U.S. ETF Index (CBTX) options and Cboe Mini Bitcoin U.S. ETF Index (MBTX). Shorter-dated or zero-days-to-expiration (0DTE) trading has grown significantly in recent years, driven in part by increased retail adoption and the demand for daily hedging, income generation or directional strategies without overnight risk exposure.

In the first quarter of 2026, 0DTE trading represented a record 50.11% of all index options trading on Cboe’s options markets.

Cboe has secured broad industry support for the expansion of the DJX options suite, including from major U.S. and international retail brokers.

Robert Ross, Chief Commercial Officer at S&P Dow Jones Indices, said:

“We are delighted to deepen our collaboration with Cboe to license the Dow Jones Industrial Average for index (DJX) options with daily expirations, responding to the demand from investors for more agile and transparent risk-management trading solutions. With the 1/100th contract size and cash settlement, these options help democratize access to DJX blue-chip index trading, empowering traders of all levels to execute swift, precise strategies with greater ease and confidence.”

Cboe began listing P.M.-settled DJX options expiring Monday to Thursday (options symbol: DJXW) on May 18. The DJXW options are in addition to the existing Friday P.M.-settled weekly contracts and third Friday A.M.-settled monthly contracts. DJX options are available to trade from 9:30 a.m. ET to 4:15 p.m. ET, Monday through Friday.