Chicago Options Exchange (CBOE)

The Chicago Board Options Exchange (CBOE) is a major marketplace where investors buy and sell options—contracts that give them the right to buy or sell a stock at a specific price within a certain time frame. It helps manage risk and allows for strategic investing. The CBOE is known for setting standards in options trading, offering a transparent and efficient environment that facilitates price discovery and liquidity, making it easier for traders and investors to hedge positions or speculate on market movements.