Buy Write Index Returns -
: Provides a "buffer" because the premium received from selling the call option offsets some of the losses. For example, it significantly outperformed in 2000.
The "buy-write" strategy's success is highly dependent on the market's trajectory:
: For the 12 months ending in April 2026, the index gained approximately 17.84% . buy write index returns
: Historically, buy-write indices have exhibited about 30% lower volatility than the S&P 500. Performance in Different Market Conditions
: This is the "sweet spot." It outperformed the S&P 500 in 5 out of 7 periods where the index posted annual returns of 10% or less. : Provides a "buffer" because the premium received
: Typically underperforms. The BXM underperformed the S&P 500 in every single year (13 out of 13) where the market rose by more than 10%. Key Benchmark Comparisons BXY Index Dashboard - Cboe Global Indices
The is a benchmark designed to track a "buy-write" or covered call strategy, where you hold the S&P 500 index and sell monthly at-the-money (ATM) call options against it. Historical Performance Summary : Historically, buy-write indices have exhibited about 30%
: As of late 2025/early 2026, the BXM's 10-year annualized return was approximately 6.2% to 7.2% .