Cboe Options to expand strike range for NANOS expirations
Effective March 14, 2023, Cboe Options will begin listing additional strikes for NANOS options expirations using an expanded strike range.
The expanded strikes ranges will be listed +2.6% and -5% from the NANOS spot value at the end of every business day.
At a fraction of the size of a standard options contract, Nanos is a first of its kind, one-multiplier, cash-settled listed options contract that will help provide greater access to options trading. Nanos provide investors with a simple and cost-effective way to gain broad exposure to the U.S. equity market and execute hedging, asset allocation and income generation strategies.
Nanos are designed to help traders more easily identify and size trades, providing them with greater precision when hedging or taking a directional position.
Nanos are available to investors who are approved by their retail brokerages to trade options.