【Cboe extends options trading hours, intensifying premarket and after-hours activity in U.S. stocks】
According to CNBC, the Chicago Board Options Exchange (Cboe) announced that, starting October 19, it will add two trading sessions for options on 24 actively traded stocks and five ETFs: a premarket session from 7:30 to 9:25 a.m. Eastern Time, and an after-hours session from 4:00 to 4:15 p.m. Eastern Time. More early-morning expiring contracts are scheduled to launch on November 9.
The practical significance of this change is that investors will be able to use options to respond directly to events such as earnings reports and inflation data before the regular market opens and after it closes, rather than bearing overnight gap risk unhedged. For short-term traders, the trading window will expand considerably. But premarket and after-hours liquidity is thinner and bid-ask spreads are wider, so slippage and amplified volatility remain real costs.
From another perspective, crypto markets have long operated around the clock, with derivatives available to trade almost anytime. Traditional exchanges are continually extending their hours, essentially making up for their own time limitations. As the boundaries of listed options expand, global risk assets will become more interconnected, and how premarket moves in U.S. stocks spill over into crypto assets such as BTC is worth watching closely.
Longer trading hours do not mean better odds. Position sizing and risk management must always come first.
#期权 #Cboe #U.S. stocks
According to CNBC, the Chicago Board Options Exchange (Cboe) announced that, starting October 19, it will add two trading sessions for options on 24 actively traded stocks and five ETFs: a premarket session from 7:30 to 9:25 a.m. Eastern Time, and an after-hours session from 4:00 to 4:15 p.m. Eastern Time. More early-morning expiring contracts are scheduled to launch on November 9.
The practical significance of this change is that investors will be able to use options to respond directly to events such as earnings reports and inflation data before the regular market opens and after it closes, rather than bearing overnight gap risk unhedged. For short-term traders, the trading window will expand considerably. But premarket and after-hours liquidity is thinner and bid-ask spreads are wider, so slippage and amplified volatility remain real costs.
From another perspective, crypto markets have long operated around the clock, with derivatives available to trade almost anytime. Traditional exchanges are continually extending their hours, essentially making up for their own time limitations. As the boundaries of listed options expand, global risk assets will become more interconnected, and how premarket moves in U.S. stocks spill over into crypto assets such as BTC is worth watching closely.
Longer trading hours do not mean better odds. Position sizing and risk management must always come first.
#期权 #Cboe #U.S. stocks