Home ยท Glossary ยท SPX Index Options

Glossary Term

SPX Index Options

Cash-settled European-style S&P 500 options

Definition

Options on the S&P 500 Index: European exercise (no early assignment), cash settled, Section 1256 60/40 tax treatment in the U.S. Preferred vehicle for VixShield iron condors versus SPY equity options.

๐Ÿ“„ Cite this definition
Clark, R. (2026). SPX Index Options. In VixShield glossary. https://www.vixshield.com/glossary/spx-options