Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Chicago Board Options Exchange

Read a random definition: substantive consolidation

A quick definition of Chicago Board Options Exchange:

The Chicago Board Options Exchange (CBOE) is a place where people can buy and sell options. Options are like bets on whether something will go up or down in value. The CBOE is the biggest place in the United States for trading options.

A more thorough explanation:

The Chicago Board Options Exchange (CBOE) is the main place in the United States where people trade options. It is an organized marketplace where buyers and sellers come together to buy and sell options.

Options are financial contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price and time. For example, if you buy a call option on a stock, you have the right to buy that stock at a certain price (called the strike price) before a certain date (called the expiration date).

The CBOE provides a platform for traders to buy and sell options on a variety of underlying assets, including stocks, indexes, and exchange-traded funds (ETFs). Traders can use options to speculate on the direction of the market, hedge their existing positions, or generate income.

For example, let's say you own 100 shares of XYZ stock and you're worried that the stock might go down in the next few months. You could buy a put option on XYZ stock, which would give you the right to sell your shares at a certain price if the stock falls below that price. This would protect you from losses if the stock does indeed go down.

Chicago Board of Trade | chicanery

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
14:33
@WorthlessAttractiveZombie: 4
WorthlessAttractiveZombie
14:35
@EvolBunny: I will take the odds of 4, very promising
14:38
I'm too drunk to taste this chicken
Dkk
14:38
Lol, I suck I guess. @babycat
14:40
suck what? (:
Dkk
14:42
suck at predicting
14:43
boooooo
1a2b3c4d26z
14:45
hi guys
1a2b3c4d26z
14:45
how is everyone doing this fine friday
1a2b3c4d26z
14:46
Tonight im going to go for a run and lift some weights and then eat some dinner (probably a burrito) and then I'm going to watch a scary movie with my girlfriend (probably Longlegs). I'm so excited :)
1a2b3c4d26z
14:46
What is everyone else doing tonight
1a2b3c4d26z
14:47
Besides YM of course
14:47
Yoooo I’m a lifter too
14:47
I'm all good, I'm tipsy in Zanzibar finishing an app and laughing my ass off to this:
babycat
14:48
renard what are you drinking?
LSD+ is ad-free, with DMs, discounts, case briefs & more.