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The SPX Options market is one of the most liquid in the world. To help more traders access this liquidity, SPX Box Spreads offer traders an opportunity to use options to effectively lend or borrow money, often at more attractive rates than traditional alternatives.

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There are important risks associated with transacting in any of the Cboe Company products or any digital assets discussed here. Before engaging in any transactions in those products or digital assets, it is important for market participants to carefully review the disclosures and disclaimers contained at https://www.cboe.com/global-disclaimers/. These products and digital assets are complex and are suitable only for sophisticated market participants. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle.