CBOE Secures SEC Nod for Extended Trading Hours on Options

The CBOE has received SEC approval to launch extended trading hours for select single-stock options, starting July 13, 2026, initially covering approximately 20 high-liquidity names. This development is expected to enhance market accessibility and liquidity, potentially increasing trading volumes during off-hours. The primary transmission mechanism is the improvement in risk appetite, as traders may seek to capitalize on price movements outside regular trading hours. The Nasdaq-100 Index (NDX) and individual stocks within the selected group will be most exposed, as they could see increased volatility and trading activity. Traders will be particularly attentive to the performance of these stocks leading up to the rollout and any subsequent changes in trading patterns.

The Nasdaq-100 (NDX) is the US large-cap tech benchmark. NDX is more sensitive to rate decisions than SPX because of longer-duration cash flows, and heavily concentrated in Tech/Comms names — mega-cap earnings season dominates price action.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.