What is the cutoff time to trade options on expiration day?

Yes. Cutoff times apply when opening same-day expiring (0DTE) options positions.

Cutoff times:

• Equity & ETF options: 2:00 PM ET
• Cash-settled index options (e.g., SPX, RUT, VIX): 3:30 PM ET

Important:

• These cutoffs apply only to 0DTE options
• Cutoff times may be adjusted based on market conditions or risk considerations"