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Simple English definitions for legal terms

CBOE

Read a random definition: door-closing statute

A quick definition of CBOE:

Term: CBOE

Definition: CBOE stands for Chicago Board Options Exchange. It is a place where people can buy and sell options, which are contracts that give the buyer the right to buy or sell something at a certain price in the future. It is located in Chicago, Illinois.

A more thorough explanation:

CBOE

CBOE stands for Chicago Board Options Exchange. It is a financial exchange where people can buy and sell options contracts.

For example, if you think the price of a stock is going to go up, you can buy a call option on that stock. This gives you the right to buy the stock at a certain price, called the strike price, at a later date. If the stock price goes up, you can exercise your option and buy the stock at the lower strike price, then sell it for a profit.

On the other hand, if you think the price of a stock is going to go down, you can buy a put option on that stock. This gives you the right to sell the stock at the strike price, even if the market price is lower. If the stock price does go down, you can exercise your option and sell the stock at the higher strike price, then buy it back at the lower market price for a profit.

The Chicago Board Options Exchange is a place where people can trade options contracts, which give them the right to buy or sell a stock at a certain price in the future. These contracts can be used to make money if the stock price goes up or down, depending on whether you buy a call or put option. The examples show how these options can be used to make a profit in different market conditions.

CBO | CBOT

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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