Cboe to expand options trading hours for major stocks and ETFs
Cboe Global Markets will extend options trading hours for 24 stocks and 5 ETFs, including AAPL, MSFT, and SPY, from 7:30 a.m. to 9:25 a.m. and 4:00 p.m. to 4:15 p.m. ET, starting Monday. The SEC approved the expansion, which aims to provide more trading flexibility and manage risk. Brokers like Robinhood and TradeStation will offer trading during these sessions.
How this was made
The 30-second read
Why it matters
The new sessions aim to capture market-moving events outside regular hours, offering traders more tools to manage risk and capture opportunities.
Market read
First-time extension of options hours for major U.S. equities and ETFs, potentially increasing options volume and market participation.
What to watch
Brokerage platform readiness and margin requirements for extended sessions may limit adoption.
Background
Cboe Global Markets received SEC approval to extend pre‑ and post‑market options trading for 24 high‑liquidity stocks and five major ETFs.
Ticker impact
Cboe Global Markets received SEC approval to extend options trading hours for select stocks and ETFs.
likely modest upside as traders adjust to new trading windows
New market structure feature typically boosts activity without immediate price shock.
Robinhood Markets will offer the new pre‑ and post‑market options sessions.
possible modest price lift as platform usage expands
Access to extended hours is a value‑add for retail traders.
Oracle is among the 24 stocks eligible for the extended options hours.
likely limited impact, minor uptick in volatility
Only a trading‑time change, not a company‑specific event.
Micron qualifies for the new options trading windows.
minor upward pressure on price due to added liquidity
Effect limited to options market mechanics.
Nokia is listed as a stock eligible for the extended options hours.
small positive effect on price
Same as other eligible stocks.
Palantir is included in the list of stocks for the new options sessions.
slight upside as traders exploit new hours
Impact confined to options market.
Pfizer is part of the expanded options‑trading roster.
minor positive pressure
No direct company news beyond eligibility.
Alibaba is among the stocks eligible for the new options trading windows.
limited upside potential
Effect limited to options market.
Market effects
Broader options market may see higher liquidity and tighter spreads.
U.S. traders gain more flexibility; may attract international participants in overlapping hours.
Sets precedent for other exchanges to consider similar extensions.
Counterpoint
Extended hours could dilute price discovery and increase volatility, potentially harming retail investors.
Key entities
- ExchangeCboe Global Markets
Operator of the expanded options trading hours.
- BrokerRobinhood Markets
Brokerage that will support the new sessions.
