Chicago Board Options Exchange

The Chicago Board Options Exchange is the largest American securities exchange for options. The CBOE was established in 1973. The Chicago Board Options Exchange (CBOE) is a significant player in the financial world, particularly in the United States. Established in 1973, it holds the distinction of being the first U.S. exchange dedicated solely to the trading of options. Options are financial instruments that give investors the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific time period.

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