Why come to the CBOE to participate in movements of the broad stock market?
S&P 100 option contracts are a proven financial instrument, with an established and active market. S&P 100 options are traded only at the Chicago Board Options Exchange, the world’s first and largest options exchange. S&P 100 options are cleared by the Options Clearing Corporation, which has received a triple-A credit rating. More than one billion S&P 100 contracts have been traded since the CBOE launched the trading of OEX, the first cash-settled securities product, on March 11, 1983.
S&P 100 option contracts are a proven financial instrument, with an established and active market. S&P 100 options are traded only at the Chicago Board Options Exchange, the world’s first and largest options exchange. S&P 100 options are cleared by the Options Clearing Corporation, which has received a triple-A credit rating. More than one billion S&P 100 contracts have been traded since the CBOE launched the trading of OEX, the first cash-settled securities product, on March 11, 1983. Is the settlement for S&P 100 options American-style or European-style? Prior to 2001, S&P 100 options were American-style only. This means they can be exercised on any business day prior to expiration date. However, most other index options are European-style, meaning that they may be exercised only during a specified period of time just prior to its expiration. In 2001 the CBOE introduced European-style S&P 100 options (XEO), so that customers will be offered both American- and European-style S&P 100 o
