The Chicago Board Options Exchange (CBOE), located at 433 West Van Buren

Street A street is a public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about. A street can be as simple as a level patch of dirt, ...

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

, is the largest U.S. options exchange with an annual trading volume of around 1.27 billion at the end of 2014. CBOE offers options on over 2,200 companies, 22

stock indices In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the ...

, and 140

exchange-traded fund An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold from other owners throughout the ...

s (ETFs). The

Chicago Board of Trade The Chicago Board of Trade (CBOT), established on April 3, 1848, is one of the world's oldest futures and options exchanges. On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other excha ...

established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of

trading Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchan ...

on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade. The CBOE is regulated by the

Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

and owned by

Cboe Global Markets Cboe Global Markets is an American company that owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets. History Founded in 1973 by the Chicago Board of Trade and member owned for several decades, on March 11, ...

Contracts offered

Cboe (and other national options exchanges) offers options on the following, and others: Cboe calculates and disseminates the CBOE Volatility Index (

VIX VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options. It is calculated and disseminated ...

), the

CBOE S&P 500 BuyWrite Index The CBOE S&P 500 BuyWrite Index (ticker symbol BXM) is a benchmark index designed to show the hypothetical performance of a portfolio that engages in a ''buy-write'' strategy using S&P 500 index call options. Description The term buy-write is use ...

(BXM), and other indices.Warner, A., ''Options Volatility Trading: Strategies for Profiting from Market Swings'' (

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

: McGraw Hill Professional, 2009).

References

External links

Cboe
{{World Federation of Exchanges Financial services companies established in 1973 1973 establishments in Illinois Companies based in Chicago Economy of Chicago Stock exchanges in the United States Options exchanges in the United States Options (finance)

Contracts offered

See also

References

External links