Cboe and NYSE launch extended-hours trading for 29 stock and ETF options

At 7:30 a.m. New York time (1:30 p.m. in Paris) on October 19, 2026, Cboe Global Markets and the New York Stock Exchange (NYSE), part of Intercontinental Exchange, opened trading outside regular hours for a selection of U.S. single-stock and ETF options for the first time. Cboe runs the sessions on its Cboe Options Exchange (C1), while the NYSE runs them on NYSE American Options. Broker Moomoo opened access to its clients on the first day.

Two extra windows on 29 underlyings

Both exchanges use the same schedule, Monday through Friday: a pre-market session from 7:30 a.m. to 9:25 a.m. Eastern Time (ET) and a post-close session from 4:00 p.m. to 4:15 p.m. ET. In Paris, Brussels and Geneva, that translates to 1:30 p.m. to 3:25 p.m. and 10:00 p.m. to 10:15 p.m., except during the week of October 26 to 30: Europe moves to winter time on October 25 and the United States on November 1, which shifts everything one hour earlier (12:30 p.m. to 2:25 p.m., then 9:00 p.m. to 9:15 p.m.). In Quebec, the hours are the same as in New York.

The list is identical at Cboe and NYSE American and contains 29 symbols, which Cboe counts as 24 stocks and 5 ETFs: AAPL, AMD, AMZN, AVGO, BABA, BAC, F, GLD, GOOG, GOOGL, HOOD, INTC, IWM, META, MRVL, MSFT, MU, NFLX, NOK, NVDA, ORCL, PFE, PLTR, QQQ, SNDK, SPY, TSLA, TSM and XLF. According to Cboe, options on these underlyings accounted for about 53% of average daily volume in U.S.-listed options in 2026 through the end of September. Options on all other names remain limited to the regular session.

Until now, Cboe was the only U.S. options exchange offering sessions outside the core session, and only on index options, through its GTH session (8:15 p.m. to 9:25 a.m. ET) and its Curb session (4:15 p.m. to 5:00 p.m. ET). The operator announced SEC approval on May 28, 2026, and was then targeting a July 13, 2026 launch, which was pushed back twice. “The shift to 24x5 trading across asset classes is only accelerating,” said Rob Hocking, global head of derivatives at Cboe.

Tight order rules on NYSE American

The fact sheet published by the NYSE for NYSE American Options sets out a strict framework. During the morning and evening sessions, the exchange accepts only limit orders (Day or IOC, routable or not, plus ISOs) and market maker quotes. According to the document, market orders, stop and stop-limit orders, GTC orders, opening orders (MOO, LOO) and complex orders, meaning multi-leg option combinations, are rejected.

The same fact sheet states that market makers are not required to quote during these sessions; if they choose to quote a class assigned to them, the continuous quoting obligation applies. The NYSE also specifies that there is no open outcry during the morning session and that orders can be entered from 6:00 a.m. ET. According to the document, there are no extended sessions on holidays, and on early-close days the core session runs from 9:30 a.m. to 1:00 p.m. ET, followed by a 15-minute evening session from 1:00 p.m. to 1:15 p.m. ET.

On the Cboe side, the operator's press release states that the exchange does not open an options class until its underlying has opened, and generally halts the class when the underlying is halted. The release does not, however, detail which order types are accepted during the new sessions.

Access depends on the broker

According to the NYSE fact sheet, an intermediary wishing to let its clients take part must hold a letter of guarantee from an OCC clearing member and provide them with appropriate risk disclosure before accepting their orders. Cboe's release quotes executives from Fidelity, Interactive Brokers, Moomoo US, Robinhood, Tiger Brokers Singapore, TradeStation and Tradier, brokers that offer or plan to offer access, without specifying which ones were live on October 19.

Moomoo announced that day that both Cboe Options Exchange sessions were available on its platform. The broker warns that these windows may involve lower liquidity, higher volatility and wider spreads, and that an order may not be executed or may not receive the best available price. The announcement comes from Moomoo Financial Inc., the U.S. entity that is a FINRA and SIPC member. Whether Moomoo's subsidiaries outside the United States, or the European entities of Interactive Brokers, offer these sessions to their clients has not been specified.

What it means for traders

These sessions would make it possible to open or adjust an options position after earnings released the previous evening, or after a macroeconomic release at 8:30 a.m. ET (2:30 p.m. in Paris), before equities open at 9:30 a.m. ET under the usual stock market hours.

The constraints would nonetheless be significant. On NYSE American, the absence of stop orders means that a stop placed during the regular session would not protect a position during these windows, and multi-leg spreads could not be sent as a single order. Clients concerned would have reason to check with their broker which order types are actually accepted and which exchange their orders are routed to. With no quoting obligation, order books could be thinner and spreads wider, and large price gaps would remain possible between the 4:15 p.m. close and the next session.

Other points would need checking with each broker: whether the sessions are open to clients in their country of residence, the options approval level required, any risk warnings to accept and the fees charged compared with the regular session. For prop firm accounts, the question would be whether account rules, including permitted trading hours and holding positions through announcements, cover or exclude these new windows.

Further extensions have been announced: the NYSE says it will apply extended hours to equities in December, and Cboe plans to launch 23-hour, five-day-a-week equity trading on its Cboe BZX exchange on December 6, subject to industry readiness.