The CBOE is 1.a secondary market in put and call options
2)a division of the SEC that regulates option trading
3)the first organized options exchange

Question

Quizplus · Accepted Answer

The first statement is correct, as the CBOE (Chicago Board Options Exchange) is a secondary market where investors can buy and sell put and call options. However, the second statement is incorrect, as the SEC (Securities and Exchange Commission) regulates markets and securities, not individual exchanges like the CBOE. The third statement is correct, as the CBOE was the first organized exchange dedicated solely to options trading when it opened in 1973. Therefore, the correct choice is B - 1 and 3.

The CBOE Is 1