Indexes
Liquid ETFs and Indexes
| ETFs: |
|
|---|---|
| OEF | S&P 100 |
| SPY | S&P 500 |
| QQQQ | NASDAQ-100 |
| DIA | Dow Jones Industrial Average |
| MDY | S&P Midcap |
| IWM | Russell 2000 (Small Cap) |
| IWN | Russell 2000 Value (Small Cap Value) |
| EFA | MSCI EAFE (Europe, Asia, Far East) |
| EEM | Emerging Markets |
| XL* | SPDR Sector Funds |
|
Indexes:
|
|
|---|---|
| OEF | S&P 100 |
| SPX | S&P 500 |
| NDX | NASDAQ-100 |
| DJX | Dow Jones Industrial Average |
| RUT | Russell 2000 |
Appendix: List of Index ETFs and Futures
The tables provided in this appendix can be used as a starting point for selecting the underlying securities for a leveraged portfolio. The following listings identify the indexes and ETFs that have options available, and at the beginning of each list we highlight the most widely traded and well-known indexes.
Before selecting an index, be sure to track the pricing for a period of time and confirm that there is liquidity, both for the index or ETF overall, and for options at the specific strike prices and expiration dates that will be used in the strategy. Also, compare the implied volatility for at the money options on the security with the historical volatility and verify that the volatility premium is consistent.
More information can be found at the web sites for the exchanges, and at an excellent online resource provided by the Options Industry Council (www.888options.com), which also provides the original materials that were the starting points for this listing.
Table A.1: Index Options
| Most Liquid Index Options | |
| Ticker | Index |
|---|---|
| DJX | Dow Jones Industrial Average |
| NDX | NASDAQ-100 Index |
| OEX | S&P 100 Index (OEX) |
| RUT | Russell 2000 Index |
| SPX | S&P 500 Index (SPX) |
| Other Index Options | |
| Ticker | Index |
|---|---|
| BKX | PHLX/KBW Bank Sector Index |
| BTK | Biotech Index |
| BYT | ISE Semiconductors |
| CMR | Morgan Stanley Consumer Index |
| CRX | Morgan Stanley Commodity Related Equity Index |
| CYC | Morgan Stanley Cyclical Index |
| DFI | Defense Index |
| DFX | PHLX Defense Sector |
| DOT | TheStreet.com Internet Sector |
| DRG | Pharmaceutical Index |
| DUX | Dow Jones Utility Average |
| DXL | Jumbo DJX Index |
| EPX | SIG Oil Exploration & Production Index |
| EUR | EUROTOP 100 Index |
| EXQ | CBOE Exchange Index |
| GOX | CBOE Gold Index |
| HAI | Hapoalim American Israeli Index |
| HGX | PHLX Housing Sector |
| HKO | Hong Kong Option Index |
| HSX | ISE-CCM Homeland Security |
| HUI | Gold BUGS Index |
| HVY | ISE Gold Index |
| IIX | Inter@ctive Week Internet Index |
| IXK | ISE 50 |
| IXX | ISE 100 |
| IXZ | ISE 250 |
| JLO | ISE US Regional Banks |
| JPN | Japan Index |
| KRX | KBW Regional Bank Index |
| MFX | KBW Mortgage Finance Index |
| MID | S&P MidCap 400 Index |
| MID | S&P MidCap 400 Index |
| MNX | Mini-NDX Index |
| MSH | Morgan Stanley High-Technology 35 Index |
| MVR | Morgan Stanley Retail |
| NBI | Nasdaq Biotechnology |
| OIX | CBOE Oil Index |
| OSX | PHLX Oil Service Index |
| PMP | ISE Integrated Oil and Gas |
| POW | ISE-CCM Alternative Energy Index |
| RMN | Mini-Russell 2000 Index |
| RMN | Mini-Russell 2000 Index Options |
| RND | ISE Pharmaceuticals |
| RUF | ISE Homebuilders |
| RUI | Russell 1000 Index |
| RVX | CBOE Russell 2000 Volatility Index |
| RXS | PHLX Drug Sector |
| SIN | ISE SINdex |
| SML | S&P SmallCap 600 Index |
| SOX | PHLX Semiconductor Sector Index |
| UTY | PHLX Utility Sector Index |
| VIX | CBOE Volatility Index |
| VXN | CBOE Nasdaq—100 Volatility Index |
| XAL | Airline Index |
| XAU | PHLX Gold and Silver Sector Index |
| XBD | Securities Broker/Dealer Index, The |
| XCI | Computer Technology Index |
| XDB | British Pound Currency |
| XDE | Euro Currency |
| XEO | S&P 100 Index European |
| XMI | Major Market Index |
| XNG | Natural Gas Index, The |
| XOI | Oil Index |
| XSP | Mini-SPX Index |
Table A.2: Index Options
| Most Liquid Index Options | |
| Ticker | Index |
|---|---|
| DIA | Options on DIAMONDS® |
| EFA | iShares MSCI-EAFE |
| EEM | iShares MSCI-Emerging Markets Index Fund |
| IWM | iShares Russell 2000 |
| IWN | iShares Russell 2000 Value |
| IWO | iShares Russell 2000 Growth |
| MDY | Standard & Poor's MidCap 400 SPDRS |
| OEF | iShares S&P 100 Index Fund |
| SPY | SPDRS SPY |
| QQQQ | Nasdaq-100 Index Tracking Stock |
| XLB | Select Sector SPDR-Materials |
| XLE | Select Sector SPDR-Energy |
| XLF | Select Sector SPDR-Financial |
| XLI | Select Sector SPDR-Industrial |
| XLK | Select Sector SPDR-Technology |
| XLP | Select Sector SPDR-Consumer Staples |
| XLU | Select Sector SPDR-Utilities |
| XLV | Select Sector SPDR-Health Care |
| XLY | Consumer Discretionary Select Sector SPDR |
| Other Index Options | |
| Ticker | Index |
|---|---|
| ADRE | BLDRS Emerging Markets 50 ADR Index Fund |
| AGG | iShares Lehman Aggregate Bond Fund |
| BIL | SPDR Lehman 1–3 Month T-Bill ETF |
| BIV | Vanguard® Intermediate-Term Bond ETF |
| BLV | Vanguard® Long-Term Bond ETF |
| BND | Vanguard® Total Bond Market ETF |
| BSV | Vanguard® Short-Term Bond ETF |
| CGW | Claymore S&P Global Water Index ETF |
| CSD | Claymore/Clear Spinoff ETF |
| DBA | PowerShares DB Agriculture Fund |
| DBB | PowerShares DB Base Metals Fund |
| DBC | Powershares DB Commodity Index Tracking Fund |
| DBE | PowerShares DB Energy Fund |
| DBO | PowerShares DB Oil Fund |
| DBP | PowerShares DB Precious Metals Fund |
| DBS | PowerShares DB Silver Fund |
| DBV | PowerShares DB G10 Currency Harvest Fund |
| DEF | Claymore/Sabrient Defense ETF |
| DES | WisdomTree SmallCap Dividend Fund |
| DGL | PowerShares DB Gold Fund |
| DGT | streetTRACKS®—DJ Global Titans Index Fund |
| DHS | WisdomTree High-Yielding Equity Fund |
| DLN | WisdomTree LargeCap Dividend Fund |
| DSI | iShares KLD 400 Social Index Fund |
| DTD | WisdomTree Total Dividend Fund |
| DTN | WisdomTree Dividend Top 100 Fund |
| DVY | iShares Dow Jones Select Dividend Index Fund |
| EEB | Claymore/BNY BRIC ETF |
| ELR | streetTRACKS DJ Wilshire Large Cap ETF |
| EMG | streetTRACKS DJ Wilshire Mid Cap Growth ETF |
| EMM | streetTRACKS DJ Wilshire Mid Cap ETF |
| EVX | Market Vectors Environmental Services ETF |
| EWA | iShares MSCI Australia Index Fund |
| EWC | iShares MSCI Canada Index Fund |
| EWD | iShares MSCI Sweden Index Fund |
| EWG | iShares MSCI Germany Index Fund |
| EWH | iShares MSCI Hong Kong Index Fund |
| EWJ | iShares MSCI Japan Index Fund |
| EWM | iShares MSCI Malaysia Index Fund |
| EWP | iShares MSCI Spain Index |
| EWT | iShares MSCI TAIWAN Index Fund |
| EWU | iShares MSCI United Kingdom Index Fund |
| EWY | iShares MSCI South Korea Index Fund—ETF |
| EWZ | iShares MSCI Brazil Index Fund |
| EXB | Claymore/Clear Global Exchanges, Brokers & Asset Managers Index ETF |
| FBT | First Trust Amex Biotechnology Index Fund |
| FCG | First Trust ISE-Revere Natural Gas Index Fund |
| FDL | First Trust Morningstar Dividend Leaders Index Fund |
| FDM | First Trust Dow Jones Select MicroCap Index Fund |
| FEZ | DJ Euro Stoxx 50 ETF |
| FIW | First Trust ISE Water Index Fund |
| FPX | First Trust IPOX-100 Index Fund |
| FXA | CurrencyShares Australian Dollar Trust |
| FXB | CurrencyShares British Pound Sterling Trust |
| FXC | CurrencyShares Canadian Dollar Trust |
| FXE | CurrencyShares Euro Trust |
| FXF | CurrencyShares Swiss Franc Trust |
| FXM | CurrencyShares Mexican Peso Trust |
| FXN | First Trust Energy AlphaDEX Fund |
| FXS | CurrencyShares Swedish Krona Trust |
| FXU | First Trust Utilities AlphaDEX Fund |
| FXY | CurrencyShares Japanese Yen Trust |
| GAF | SPDR® S&P Emerging Middle East & Africa ETF |
| GDX | The Market Vectors—Gold Miners ETF |
| GII | SPDR® FTSE/Macquarie Global Infrastructure 100 ETF |
| GKD | Ameristock/Ryan 10-Year Treasury ETF |
| GKE | Ameristock/Ryan 20-Year Treasury ETF |
| GMF | SPDR®® S&P Emerging Asia Pacific ETF |
| GMM | SPDR®® S&P Emerging Markets ETF |
| GSG | iShares GSCI Commodity-Indexed Trust |
| GXC | SPDR®® S&P China ETF |
| HHJ | HealthShares Emerging Cancer ETF |
| HYG | iShares iBoxx $ High Yield Corporate Bond Fund |
| ICF | iShares Cohen & Steers Realty Majors |
| IDU | iShares DJ®® US Utilities Sector |
| IEF | iShares Lehman 7-10 Year Treasury Bond Fund |
| IGM | iShares Goldman Sachs®® Technology Index |
| IGN | iShares®® Goldman Sachs Networking Index Fund |
| IGV | iShares Goldman Sachs Software Index Fund |
| IGW | iShares Goldman Sachs Semiconductor Index Fund |
| IJH | iShares S&P MidCap 400 Index Fund |
| IJJ | iShares S&P MidCap 400 Value Index Fund |
| IJK | iShares S&P MidCap 400 Growth Index Fund |
| IJR | iShares S&P SmallCap 600 Index Fund |
| IJS | iShares S&P SmallCap 600 Value Index Fund |
| IJT | iShares S&P SmallCap 600 Growth Index Fund |
| ILF | iShares S&P Latin America 40 |
| IPE | SPDR Barclays Captial TIPS ETF |
| ITE | SPDR Lehman Intermediate Term Treasury ETF |
| IVE | iShares Trust S&P 500 Value Index Fund |
| IVV | iShares Trust S&P 500 Index Fund |
| IVW | iShares S&P 500 Growth Index Fund |
| IWB | iShares Russell 1000 |
| IWC | iShares Russell Microcap Index Fund |
| IWD | iShares Russell 1000 Value |
| IWF | iShares Russell 1000 Growth |
| IWP | iShares Russell Midcap® Growth Index Fund |
| IWR | iShares Russell Midcap Index Fund |
| IWS | iShares Russell Midcap Value Index Fund |
| IWV | iShares Russell 3000 |
| IYC | iShares Dow Jones US Consumer Services Sector |
| IYE | iShares Trust—DJ US Energy Sector Index Fund |
| IYF | iShares Dow Jones U.S. Financial Sector Index Fund |
| IYG | iShares Dow Jones US Financial Services Sector |
| IYH | iShares Trust—DJ US Healthcare Sector Index Fund |
| IYJ | iShares Dow Jones US Industrial Sector Index |
| IYK | iShares Dow Jones US Consumer Goods Sector |
| IYM | iShares Dow Jones U.S. Basic Materials Sector Index Fund |
| IYR | iShares Dow Jones U.S. Real Estate Index Fund |
| IYT | iShares Dow Jones Transportation Average Index Fund |
| IYW | iShares Dow Jones U.S. Technology Sector Index Fund |
| IYY | iShares DJ US Total Market |
| IYZ | iShares Dow Jones U.S. Telecommunications Sector Index Fund |
| JPP | streetTRACKS Russell/Nomura PRIME Japan ETF |
| JSC | streetTRACKS Russell/Nomura Small Cap Japan ETF |
| KBE | streetTRACKS ETF KBW Bank |
| KCE | streetTRACKS ETF KBW Capital Markets |
| KIE | streetTRACKS ETF KBW Insurance |
| KLD | iShares KLD Select Social Index Fund |
| KRE | streetTRACKS KBW Regional BankingSM ETF |
| LQD | iShares GS $ InvesTop™ Corporate Bond Fund |
| MOO | Market Vectors-Agribusiness ETF |
| NXT | NYSE Arca Tech 100 ETF |
| OIH | Oil Service HOLDRS Trust |
| ONEQ | Options on Fidelity® Nasdaq Composite Index® Tracking Stock |
| OTP | Claymore/Ocean Tomo Patent ETF |
| PBE | PowerShares Dynamic Biotechnology & Genome Portfolio |
| PBS | PowerShares Dynamic Media Portfolio |
| PBW | PowerShares WilderHill Clean Energy Portfolio |
| PDQ | PowerShares FTSE RAFI Asia Pacific ex-Japan Small-Mid Portfolio |
| PEZ | PowerShares Dynamic Consumer Discretionary Sector Portfolio |
| PFI | PowerShares Dynamic Financial Sector Portfolio |
| PFM | PowerShares Dividend Achievers Portfolio |
| PFP | PowerShares International Listed Private Equity Portfolio |
| PGJ | PowerShares Golden Dragon Halter USX China Portfolio |
| PGZ | PowerShares Dynamic Aggressive Growth Portfolio |
| PHJ | PowerShares High Growth Rate Dividend Achievers Portfolio |
| PHO | PowerShares Water Resource Portfolio |
| PID | PowerShares International Dividend Achievers Portfolio |
| PJB | PowerShares Dynamic Banking Portfolio |
| PJF | PowerShares Dynamic Large Cap Portfolio |
| PJM | PowerShares Dynamic Small Cap Portfolio |
| PMR | PowerShares Dynamic Retail Portfolio |
| PRF | PowerShares FTSE RAFI 1000 Portfolio |
| PRN | PowerShares Dynamic Industrials Sector Portfolio |
| PSP | PowerShares Listed Private Equity Portfolio |
| PTF | PowerShares Dynamic Technology Sector Portfolio |
| PTH | PowerShares Dynamic Healthcare Sector Portfolio |
| PTJ | PowerShares Dynamic Healthcare Services Portfolio |
| PUW | PowerShares WilderHill Progressive Energy Portfolio |
| PVM | PowerShares Dynamic Deep Value Portfolio |
| PWB | PowerShares Dynamic Large Cap Growth Portfolio |
| PWC | PowerShares Dynamic Market Portfolio |
| PWJ | PowerShares Dynamic Mid Cap Growth Portfolio |
| PWO | PowerShares Dynamic OTC Portfolio |
| PWT | PowerShares Dynamic Small Cap Growth Portfolio |
| PWV | PowerShares Dynamic Large Cap Value Portfolio |
| PWY | PowerShares Dynamic Small Cap Value Portfolio |
| PXE | PowerShares Dynamic Energy Exploration & Production Portfolio |
| PXH | PowerShares FTSE RAFI Emerging Markets Portfolio |
| PXJ | PowerShares Dynamic Oil Services Portfolio |
| PXN | PowerShares Lux Nanotech Portfolio |
| PYZ | PowerShares Dynamic Basic Materials Sector Portfolio |
| PZD | PowerShares Cleantech Portfolio |
| PZI | PowerShares Zacks Micro Cap Portfolio |
| RFV | Rydex S&P Mid Cap 400 Pure Value ETF |
| RPV | Rydex S&P 500 Pure Value ETF |
| RSP | RSP—Rydex S&P Equal Weight Index Fund |
| RSX | Market Vectors Russia ETF Trust |
| RWR | streetTRACKS® DJ Wilshire REIT ETF |
| RWX | streetTRACKS® DJ Wilshire International Real Estate ETF |
| SDY | SPDR Dividend ETF |
| SHY | iShares Lehman 1–3 Year Treasury Bond Fund |
| SLX | Market Vectors Steel ETF |
| TLO | SPDR Lehman Long Term Treasury ETF |
| TLT | iShares Lehman 20+ Year Treasury Bond Fund |
| TMW | streetTRACKS DJ Wilshire Total Market ETF |
| UNG | United States Natural Gas Fund, LP |
| USO | United States Oil Fund, LP |
| VAW | Vanguard Materials VIPERs |
| VB | Vanguard Small-Cap VIPERs |
| VBK | Vanguard Small-Cap Growth VIPERs |
| VBR | Vanguard Small-Cap Value VIPERs |
| VCR | Vanguard Consumer Discretionary VIPERs |
| VDC | Vanguard Consumer Staples VIPERs |
| VDE | Vanguard Energy VIPERs |
| VEU | Vanguard FTSE All-World ex US ETF |
| VFH | Vanguard Financials VIPERs |
| VGK | Vanguard European VIPERs |
| VGT | Vanguard Information Technology VIPERs |
| VHT | Vanguard Health Care VIPERs |
| VIG | Vanguard Dividend Appreciation VIPERs |
| VIS | Vanguard Industrials VIPERs |
| VNQ | Vanguard REIT VIPERs |
| VO | Vanguard Mid-Cap VIPERs |
| VOE | Vanguard Mid-Cap Value ETF |
| VOX | Vanguard Telecommunication Services VIPERs |
| VPL | Vanguard Pacific VIPERs |
| VPU | Vanguard Utilities VIPERs |
| VTI | Vanguard Total Stock Market VIPERs |
| VTV | Vanguard Value VIPERs |
| VUG | Vanguard Growth VIPERs |
| VV | Vanguard Large-Cap VIPERs |
| VWO | Vanguard Emerging Markets VIPERs |
| VXF | Vanguard Extended Market VIPERs |
| VYM | Vanguard High Dividend Yield ETF |
| XBI | SPDR® Biotech ETF |
| XES | SPDR® Oil & Gas Equipment & Services ETF |
| XHB | SPDR® Homebuilders ETF |
| XME | SPDR® Metals & Mining ETF |
| XOP | SPDR® Oil & Gas Exploration & Production ETF |
| XPH | SPDR® Pharmaceuticals ETF |
| XRT | SPDR® Retail ETF |
| XSD | SPDR® Semiconductor ETF |