Cboe Files to List Binary KPI Options Tied to SpaceX Revenue, Nvidia, Apple, Tesla, JPM
- Cboe Global Markets asked the SEC to list new 'Binary KPI Options' tied to specific corporate earnings metrics, with proposed underlyers including SpaceX revenue, Nvidia data-center sales, Apple iPhone sales, Tesla Model 3/Y production, JPMorgan credit-loss provisions and Coinbase trading volume, according to Bloomberg.
- The contracts would extend Cboe's 'Cboe Predicts' binary-options franchise—currently anchored on the Mini-S&P 500 (XSP)—into single-name event binaries tied to company fundamentals rather than price.
- If approved, the products would mark a notable expansion of event-contract trading on a U.S. options exchange, intensifying competition with Kalshi-style prediction markets.