Options launch on Tuttle Capital's Pure Play Photonics ETF
Tuttle Capital Management announced that options on the Tuttle Capital Pure Play Photonics ETF (CBOE: FOTO) began trading on Cboe Options (C1) and EDGX Options on June 5, 2026. The launch follows the Fund's debut on May 29, 2026, and offers investors tools to manage photonics exposure through hedging, directional views, or covered call strategies. The ETF carries a Total Annual Fund Operating Expense of 0.75%.

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Tuttle Capital Management announced that options on the Tuttle Capital Pure Play Photonics ETF (CBOE: FOTO) began trading on Cboe Options (C1) and EDGX Options on June 5, 2026. This development provides investors with additional tools to manage their exposure to the photonics industry, including the ability to hedge existing positions, express a directional view with defined risk, or generate income through covered calls. The launch follows the Fund's initial debut on May 29, 2026.
The standardized, exchange-traded contracts give holders the right to buy or sell FOTO shares at a set price before a specified date. Market makers for the options include Group One Trading LLC, which serves as the Designated Primary Market Maker on Cboe Options (C1), and Jane Street Capital, LLC, which supports options on EDGX Options.
About the Tuttle Capital Pure Play Photonics ETF
The Tuttle Capital Pure Play Photonics ETF is an actively managed ETF designed for focused exposure to the photonics industry. This technology moves data as pulses of laser light through fiber rather than as electrical signals through copper wire, addressing the physical limitations of copper at AI scale.
The Fund applies a pure-play revenue screen, requiring companies to derive at least 50% of their revenues or operating profits from photonics-related products or services. Under normal market conditions, it invests at least 80% of its net assets in such companies. The Fund is not tied to a passive index and is intended to adapt as the photonics supply chain evolves.
| Key Details | Information |
|---|---|
| Ticker | FOTO |
| Exchange | Cboe Exchange, Inc. |
| Expense Ratio | 0.75% |
| Management Style | Actively Managed |
Investors should consider the investment objectives, risks, charges, and expenses before investing. Principal risks include Photonics Industry Risk, Technology Sector Risk, and Concentration Risk. The Fund is distributed by Foreside Fund Services, LLC.
What level of trading volume and open interest is required for the FOTO options market to maintain sufficient liquidity?
How will the introduction of options trading impact the volatility of the underlying FOTO shares in the short term?
Will the availability of hedging tools encourage greater institutional capital allocation to the photonics sector?
























