Cboe Exchange (Cboe Options)

Stories

Cboe BZX adopts tiered bid-ask limits for options market makers

Source of the tiered framework

Cboe BZX's tiered quote limits for options market makers took effect September 24, 2026, the day the exchange filed them. Quotes on series expiring within 270 days can be no wider than $5. Longer-dated series can run to $15.

Updated Oct 30

SEC approves Cboe's combined VIX options and futures orders

Rule Changes

As of September 2026: Filer of the approved rule change

Volatility traders can now place one order where they used to need two. On September 2, the Securities and Exchange Commission (SEC) approved Cboe Exchange's rule creating VIX future-option orders, which bundle Cboe Volatility Index (VIX) options with VIX futures (VX futures) in a single transaction.

Updated Sep 4