Flexible Exchange Options (FLEX)

The flexible Exchange Options Data provides clients with options data for timely hedging, corporate actions alerts, and global market coverage. Created in 1993 by the CBOE originally for OTC Index options. FLEX options are Customized Options Contract Packages primarily used as portfolio hedging tools.

The base service is an end-of-day offering that shows the package composition of flex symbols available on the previous trading day. As with the Series Master Core data set and Supplemental data set multiple files make up the FLEX offering.

FLEX Ext (New Ext4 September 2023)

The FLEX files are end-of-day files that show what flex symbols were available on that day’s trading. There are multiple versions of the FlexExt files with the latest version (FlexExt4) containing listing exchange participant codes that enable users to understand which exchange listed the particular FLEX option.

FLEX Intraday (New September 2023)

The FLEX Intraday files supplement the nightly FLEX series files (FLEXExt) with intraday FLEX strike additions. They are created every hour from 9 am to 4 pm Eastern and include the participate exchange that listed each new FLEX strike.

FLEXCorpAct

The FLEXCorpAct files serve as an alert that a corporate action is affecting the underlying option symbol. Our process utilizes our standard options corporate action content to anticipate potential changes to any related FLEX options.

FLEX Open Interest

The FLEX Open Interest files are created in the evening and show open interest for all FLEX options.

• End-of-Day FLEX Files: Provides data on FLEX options symbols available from the previous trading day, offering comprehensive historical data.
• Intraday FLEX Updates: Delivers hourly updates on new FLEX strike additions from 9 AM to 4 PM Eastern, ensuring real-time insights.
• FLEXCorpAct Alerts: Alerts users about corporate actions affecting underlying option symbols, giving early warning of changes.
• Listing Exchange Codes: Includes participant exchange codes to identify which exchanges listed particular FLEX options, aiding transparency and accountability.
• Open Interest Reporting: Offers evening files on open interest for all FLEX options, giving visibility into market positions.

• Timely Hedging: Provides up-to-date data for hedging strategies, allowing users to adjust positions based on new FLEX strikes.
• Comprehensive Global Coverage: Covers global markets, ensuring that users can access data from various exchanges for better decision-making.
• Enhanced Decision Making: Corporate action alerts and open interest data allow users to make more informed decisions regarding their options strategies.
• Real-Time Insights: Intraday updates provide timely additions and changes, empowering users to stay ahead in fast-moving markets.
• Customization Flexibility: FLEX options offer tailored portfolio hedging solutions, ensuring that users can create options contracts specific to their needs.