nyuuzyou/wikis huggingface dataset:
CBOE Capped VIX Premium Strategy Index

Similar to the CBOE VIX Premium Strategy Index (VPD), the CBOE Capped VIX Premium Strategy Index (VPN) sells monthly VIX futures over a money market account. In addition, it limits the risk of the short VIX exposure with long VIX calls struck 25 points higher than the VIX futures price, or at the closest strike below when this strike is not listed. Since the multiplier of VIX options is 100, each VIX futures is covered by 10 VIX calls.
==References==
Category:CBOE benchmark indexes
Category:CBOE
Category:Volatility Products
CBOE Command

CBOE Command is CBOE’s trade engine, launched in 2012 to provide access to multiple-asset-class trading for:
*Options at CBOE and the all-electronic C2SM Options Exchange (and FLEX options through the CFLEX 2.0 platform)
*Futures at CBOE Futures Exchange (CFE)
*Equities at CBOE Stock Exchange (CBSX)
*Single stock futures at One Chicago (ONE)
CBOE Command provides access to the most comprehensive array of options and volatility products in the world, including SPX and VIX, with new, customized ways to trade them.
CBOE Command is located at the Equinix NY4 IBX facility in Secaucus, New Jersey.
Category:CBOE
CBOE Credit Event Binary Options

Credit Event Binary Options (CEBOs) translate credit default swaps (CDS) into a transparent, exchange-traded marketplace. The Chicago Board Options Exchange (CBOE) originally launched credit default options in mid-2007, but re-launched the options with several modifications in March 2011. 
 
Initially CEBOs were binary options that payed fixed amounts when a credit event occured such as when a company experienced a bankruptcy, a failure to pay or a restructuring. Currently, the CBOE's re-designed contracts are streamlined to include bankruptcy-only credit events. 
CEBOs are similar to fixed recovery credit default swap contracts but are exchange traded, and can be purchased with an upfront premium that can be margined. Investors receive a pay-out if the credit event occurs or nothing, if the event does not happen.
Credit derivative products have drawn much attention recently due to the 2008 credit crisis, and regulators and market participants have called for better means to moderate systemic risk. The CBOE believes that by creating a tradeable listed credit derivative product, they can provide additional benefits to the customer and the industry though transparency, counterparty risk protection, and operational efficiencies. 
== Advantages ==
Transparency
*Terms are simplified and payout determinations are objective and predetermined.
*Trading environment allows for price discovery and certainty of execution.
Counterparty Risk Protection
*Virtual elimination of counterparty risk; all trades are cleared by the AAA-rated Options Clearing Corporation (OCC).
*Regulated exchanges delivered as promised during the recent crisis: no failures, no closures, no taxpayer rescues.
Operational Efficiencies
*Trades are executed through securities accounts allowing synergies with equity-related options products.
*NO ISDA Agreements required.
*Hybrid trading platform (floor-based or electronic) and CFLEX eligible.
*CBOE plans to list CEBOs with a broad universe of corporate names and potential maturities.
== References ==
Category:Options Contracts Traded on CBOE
Category:Options Contracts
Category:Financial Options
Category:MarketsWiki Page of the Day
CBOE ETFs and HOLDRs

CBOE trades options on Exchange Traded Products (ETPs). ETPs are shares of trusts that hold portfolios of stocks designed to closely track the price performance and yield of specific indices.
As ETPs trade like stock, options on these products are operationally similar to options on stock. Options on ETPs are physically settled and have an American-style exercise feature. LEAPS are offered on some of the products.
HOLDRs, once traded at CBOE, but now de-listed, are trust-issued receipts that represent an investor's beneficial ownership of a specified group of stocks. HOLDRs allowed investors to benefit from the ownership of stocks in a particular industry, sector or group.
== CBOE Options on ETPs ==
Exchange Traded Products (formerly referred to as ETFs): http://www.cboe.com/Products/OptionsOnETFs.aspx#etfquote 
== ETP (ETF) Product Specifications ==
Underlying 	Generally, 100 shares of one of the exchange-traded product
Strike Price Intervals 	Minimum of one-point increments
Strike (Exercise) Prices 	In-, at- and out-of-the-money strike prices are initially listed. New series generally will be added when the underlying shares trade through the highest or lowest strike price available.
Expiration Date 	Saturday immediately following the third Friday of the expiration month
Expiration Months 	Generally, two near-term months and two months from the March quarterly cycle (March, June, September and December). LEAPS may also be available.
Last Trading Day 	Trading in Options on ETPs ordinarily cease at the close on the business day (usually a Friday) preceding the expiration date.
Exercise Style 	American-style
Settlement of Option Exercise	Physical Delivery. Exercise notices properly tendered on any business day will result in delivery of ETF shares on the third business day following exercise.
Margin 	Uncovered writers must deposit 100% of the options proceeds plus 15% of the aggregate contract value (current ETP price multiplied by $100) minus the amount by which the option is out-of-the-money, if any. Minimum margin is 100% of the option proceeds plus 10% of the aggregate contract value. Long puts or calls must be paid in full.
Trading Hours 	Open for trading whenever shares of the underlying ETP are open in the primary market.
== References ==
 
Category:CBOE Products
Category:ETFs
CBOE Hybrid Trading System

The Chicago Board Options Exchange's Hybrid Trading System (HyTS), launched in 2003, is a trading system that combines features of open outcry and electronic trading mechanisms. CBOE, unlike a number of newer U.S. options exchanges that began as solely electronic marketplaces, originally began as an open outcry trading options model. 
Hybrid was the culmination of a three-year systems project to meld the efficiencies of electronic trading with the depth of liquidity and price discovery of the trading floor. It takes into account the factor of human intellect in transacting more complex options orders. 
CBOEdirect, was the original trading engine of the Hybrid Trading System, but it was retired when Cboe migrated its platforms to Bats technology, a multistep process that was completed in October 2019.
For trading desks, the CBOE's HyTS Terminal (Hybrid Trading System) is a multifunctional trading solution workstation using point-and-click functionality. It offers users connectivity to CBOE and all other U.S. options exchanges and multiple stock and futures exchanges. Additionally, HyTS makes available complete access to options market data, streaming quotes and order management, all on a single screen. 
(See features/functionality of Belzberg HyTS Terminal: ] and of the Nexa HyTS terminal: )
In July 2004, Hybrid 2.0 (or H2O) enhancements were put into place at CBOE. This introduced electronic Designated Primary Market Makers (e-DPMs), expanding the benefits of the Hybrid Trading System by adding additional liquidity and depth to CBOE's markets. 
In April 2005, CBOE introduced Remote market makers (RMMs), a new class of CBOE membership designed to allow individual market makers and member organizations to engage in market making at CBOE from any location. 
The Remote market maker and e-DPM designations have enabled a wider range of market participants to access the trading system.
==References==
 
Category:Trade Engines
CBOE Low Volatility Index

The CBOE Low Volatility Index (ticker symbol LOVOL) is a benchmark index that was designed for investors whose preferences shifted from investing in riskier assets to lower-volatility assets. The index aims to provide investors with the ability to replicate an investment strategy that is subject to less downside volatility in a portfolio of S&P 500 stocks, while still preserving the bulk of market gains.
The index tracks the S&P 500, plus the returns of a covered call strategy of selling bullish options, plus buying disaster insurance options on the VIX index.
The Chicago Board Options Exchange began disseminating values for the index on Nov. 30, 2012. 
== References ==
Category:CBOE
Category:Indexes
Category:MarketsWiki Page of the Day
CBOE Media Hub

The CBOE Media Hub was designed in 2010 to meet the informational needs of the working press. Information is organized by topics on which CBOE offers unrivaled expertise, including:
 
*Market Volatility - defining, measuring and trading it
*Products/Strategies - most notably indexes and benchmarks
CBOE "Quick Links" include: all CBOE press releases, CBOE executive bios/photos (in 72, 150 and 300 DPI), exchange communications, historical trading volume, CBOE history, op-eds/articles, press kits, and a link to CBOE-TV. 
Besides links to frequently-used resources, CBOE features numerous daily and weekly video market reports - including activity in CBOE's VIX Index market and Weeklys options. Each provides up-to-date information for financial reporters.
== References ==
Category:CBOE
CBOE NASDAQ Volatility Index

The CBOE Nasdaq-100 Volatility Index (VXN) futures contract - one of nine futures contracts based on “variance” and on “volatility” - listed on the CBOE Futures Exchange (CFE), was first launched in 2007 and re-launched in 2012. It is based on real-time NASDAQ-100 Index (NDX) option prices, and is designed to reflect investors' consensus view of future (30-day) expected market volatility of the NASDAQ-100 Index. 
== Contract Specifications ==
CONTRACT SIZE 	VXN times $1,000
TRADING HOURS 	8:30 a.m. - 3:15 p.m. Central Standard Time (Chicago time).
TRADING PLATFORM 	CBOEdirect
CONTRACT MONTHS 	Up to six near-term serial months and five months in the February quarterly cycle (February, May, August, November) may be listed for the VXN futures contract.
TICKER SYMBOLS 	VN, VXN
PRICING CONVENTIONS 	Both futures prices and Cash Index levels stated in decimal format.
MINIMUM PRICE INTERVALS 	0.01 of one CBOE Nasdaq-100 Volatility Index point (equal to $10.00 per contract).
DOLLAR VALUE PER TICK 	$10.00 per contract.
TERMINATION OF TRADING 	The close of trading on the day before the Final Settlement Date. When the last trading day is moved because of a CFE holiday, the last trading day for expiring VIX futures contracts will be the day immediately preceding the last regularly-scheduled trading day.
FINAL SETTLEMENT DATE 	The Wednesday that is 30 days prior to the third Friday of the calendar month immediately following the month in which the contract expires ("Final Settlement Date"). If the third Friday of the month subsequent to expiration of the applicable VIX futures contract is a CBOE holiday, the Final Settlement Date for the contract shall be 30 days prior to the CBOE business day immediately preceding that Friday.
FINAL SETTLEMENT PRICE 	The final settlement price for the CBOE Nasdaq-100 Volatility Index (VXN) futures shall be a Special Opening Quotation (SOQ) of VXN calculated from the sequence of CBOE opening prices of the options used to calculate the index on the settlement date. The opening price for any series in which there is no trade shall be the average of that option's bid price and ask price as determined at the opening of trading. The final settlement price will be rounded to the nearest $0.01.
DELIVERY 	Settlement of CBOE Nasdaq-100 Volatility Index (VXN) futures contracts will result in the delivery of a cash settlement amount on the business day immediately following the settlement date. The cash settlement amount on the final settlement date shall be the final mark to market amount against the final settlement price of the VXN futures multiplied by $1,000.
POSITION ACCOUNTABILITY 	5,000 contracts
MINIMUM REPORTABLE LEVEL 	25 or more contracts
UNDERLYING CASH INDEX INFORMATION	VXN is calculated in real-time by the Chicago Board Options Exchange (CBOE) and is disseminated every 15 seconds through the Options Price Reporting Authority (OPRA) from 8:30 a.m. to 3:15 p.m. (Chicago time) during each trading day.
== References ==
Category:Financial Futures Contracts
Category:Futures Contracts Traded on CBOE Futures Exchange
Category:Options Contracts Traded on CBOE
CBOE Options on S&P 500 Index

CBOE Options on S&P 500 Index (SPX) Overview 
In the security options world, the Chicago Board Options Exchange (CBOE)is the sole options exchange licensee for the S&P 500 index options, the most actively traded index at the exchange.
Multiplier 	$100
Premium Quote 	Stated in decimals. One point equals $100. Minimum tick for options trading below 3.00 is 0.05 ($5.00) and for all other series, 0.10 ($10.00).
Strike Prices 	In-, at- and out-of-the-money strike prices are initially listed. New series are generally added when the underlying trades through the highest or lowest strike price available.
Strike Price Intervals	Five points. 25-point intervals for far months.
Expiration Months 	Three near-term months followed by three additional months from the March quarterly cycle (March, June, September and December).
Exercise Style 	European - SPX options generally may be exercised only on the last business day before expiration.
Trading Hours 	8:30 a.m. - 3:15 p.m. Central Time (Chicago time)
== References ==
 
Category:Options Contracts Traded on CBOE
Category:Options Contracts
Category:Indexes
Category:Stock index Options
Category:Indices
Category:S&P
Category:S&P Indices
CBOE Options on iPath S&P 500 VIX Mid-Term Futures Index ETN

Options on the iPath® S&P 500® Mid-Term VIX® Futures Index ETN (VXZ) were introduced for trading at CBOE on May 28, 2010. 
The VXZ ETN is based on The S&P 500 VIX Mid-Term Futures™ Index, which is designed to provide access to equity market volatility through CBOE Volatility Index® ("VIX") futures. Specifically, the S&P 500 VIX Mid-Term Futures™ Index offers exposure to a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts and reflects the implied volatility of the S&P 500® Index five months later. The Index futures roll continuously throughout each month from the fourth month VIX futures contract into the seventh month VIX futures contract. 
CBOE simultaneously introduced trading in CBOE Options on the iPath® S&P 500® VIX® Short-Term Futures Index ETN. 
Important information about the VXX and VXZ ETNs is contained in the Prospectus for VXX and VXZ. 
More information on VXX can be obtained at http://www.cboe.com/micro/vxz/introduction.aspx.
== References ==
Category:CBOE
Category:Futures
Category:CBOE Futures Contracts
Category:S&P
Category:Options
Category:Indices
Category:Indexes
CBOE Options on the iPath S&P 500 VIX Short-Term Futures Index ETN

Options on the iPath S&P 500 Short-Term VIX Futures Index ETN (VXX) were introduced for trading at CBOE on May 28, 2010. 
VXX is an exchange-traded note ("ETN") based on The S&P 500 VIX Short-Term Futures Index, which is designed to provide access to equity market volatility through CBOE Volatility Index ("VIX") futures. 
Specifically, the S&P 500 VIX Short-Term Futures Index offers exposure to a daily rolling long position in the first and second month of VIX futures contracts and reflects the implied volatility of the S&P 500 Index one month later. The index futures roll continuously throughout each month from the first month of the VIX futures contract into the second month of the contract. 
CBOE simultaneously introduced trading in CBOE Options on iPath S&P 500 VIX Mid-Term Futures Index ETN.
Important information about the VXX and VXZ ETNs is contained in the Prospectus for VXX and VXZ. 
More information on VXX can be obtained at http://www.cboe.com/micro/vxx/introduction.aspx.
== References ==
Category:CBOE
Category:Volatility Products
Category:ETNs
Category:S&P
Category:VIX
Category:Options
Category:Indices
Category:Indexes
CBOE QUARTERLYS

CBOE currently lists Quarterlys options with end-of-quarter expiration on the following classes: 
*DIAMONDS Trust Series 1 (DIA) (Symbols: BQQ, HLK, OVG) 
*Energy Select SPDR (XLE) (Symbols: GQQ, OFP) 
*iShares Russell 2000 Index Fund (IWM) (Symbols: IQQ, IQZ, YNL) 
*Mini-SPX (XSP) (Symbols: XQR, XQP)(*) 
*Nasdaq-100 Index Tracking Stock (QQQQ) (Symbols: UQQ, OOF) 
*S&P 100 - European-Style (XEO) (Symbols: XQG, XQH, XAQ)(*) 
*S&P 500 (SPX) (Symbols: SAQ, SLQ, SQP, SKQ, SZQ)(*)
*SPDR Gold Trust (GLD) 
*S&P Depositary Receipts/SPDRs: (SPY) (Symbols: RQQ, JBG, YAZ, JCA) 
Quarterlys marked with an (*) are proprietary to CBOE.
== References ==
Category:Options Contracts Traded on CBOE
Category:Options Contracts
Category:Indexes
Category:Stock index Options
Category:Financial Options
CBOE S&P 500 BuyWrite Index Futures

The CBOE S&P 500 BuyWrite Index (BXM Index) is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the Standard & Poor's 500 Composite Stock Index (S&P 500 Index). The BXM Index measures the total rate of return of a "covered call" strategy that consists of a "long" position indexed to the S&P 500 Index on which are deemed sold a succession of one-month, at-the-money call options on the S&P 500 Index. The BXM Index covered call strategy requires that each S&P 500 call option be held to its date of maturity, generally the third Friday of the month. Soon after the settlement of the expiring call option, a new at-the-money call option expiring in the next month is then written (a transaction commonly referred to as a "roll"). The strike price of the new call is the closest listed strike price equal to or greater than the last value of the S&P 500 Index reported before 10:00 a.m. Chicago time. 
== Notes ==
==References==
Category:Indices
Category:S&P
Category:S&P Indices
Category:CBOE
Category:CBOE Index Futures
CBOE S&P 500 PutWrite Index

The CBOE S&P 500 PutWrite Index (ticker symbol PUT) is a benchmark index that measures the performance of a hypothetical portfolio that sells S&P 500 Index (SPX) put options against collateralized cash reserves held in a money market account. 
==Description==
The PUT Index was introduced in 2007 by the Chicago Board Options Exchange (CBOE). The PUT Index strategy is designed to sell a sequence of one-month, at-the-money, S&P 500 Index puts and invest cash at one- and three-month Treasury bill rates. The number of puts sold varies from month to month, but is limited so that the amount held in Treasury bills is used to finance the maximum possible loss from final settlement of the SPX puts. The Index is calculated and disseminated daily by the CBOE and the daily price history of the PUT Index dates back to June 1, 1988. 
==Award for Innovation==
The CBOE S&P 500 PutWrite Index (PUT) won the annual award for the Most Innovative Benchmark Index at the Twelfth Annual Super Bowl of Indexing Conference in Scottsdale, Arizona on December 3, 2007. The 2007 award for the PUT Index was one of only three product awards granted as part of the William F. Sharpe Indexing Achievement Awards.
==References and Links==
*CBOE S&P 500 PutWrite Index Website
* CBOE Rolls Out Index for Fans of Put Options. SmartMoney (July 3, 2007)
*PutWrite Profits. IndexUniverse.com (June 26, 2007)
*PutWrite Put to the Test. RealMoney.com (July 18, 2007)
*Video from The Street.com Steve Smith talks with Jason Ungar about the PUT Index (September 6, 2007)
Category:CBOE benchmark indexes
==References==
 
Category:Indexes
Category:Indices
Category:Cboe
CBOE S&P Short Term Volatility Index

The CBOE S&P Short Term Volatility Index is one of a family of stock market indices which reflect volatility.
CBOE began disseminating values on October 2, 2013 for this new short-term volatility index -- the CBOE S&P 500 Short-Term Volatility Index (ticker symbol: VXST). 
Like CBOE's flagship VIX Index, VXST reflects investors' consensus view of expected stock market volatility. Whereas VIX has a 30-day horizon, VXST looks out just nine days, making it particularly responsive to changes in short-term volatility triggered by market events, such as earnings, government reports and Fed announcements. 
Initially, CBOE will disseminate the VXST Index value once daily at the end of each trading day at 3:15 p.m. (Chicago time). Plans call for disseminating VXST Index values every 15 seconds during the trading day by late 2013. VXST Index values are available on CBOE's website at http://www.cboe.com/VXST and through quote data vendors. 
Like the VIX Index, VXST is calculated using CBOE's proprietary VIX methodology, but whereas VIX is calculated using SPX monthly options, VXST is calculated using S&P 500 options that expire every Friday, including CBOE's highly successful SPXW options.
VXST futures (with a $1,000 multiplier) launched on Feb. 13, 2014. CBOE launched options on the VXST on April 10, 2014. Both products are cash settled.
An overview of the VXST Index, including an educational video, can be found at http://www.cboe.com/VXST. 
== References ==
Category:CBOE
Category:Indices
Category:S&P 500
Category:Volatility
CBOE TV

The Chicago Board Options Exchange features an Online Media Center that includes CBOE-TV and all of the exchange's podcasts . Some programs are broadcast daily or twice daily during the business week, while others appear once a week or as new topics come to the forefront. All become "on-demand" programs, which allow viewers/listeners to access programs when convenient from their computers or via podcasting. 
Traders and investors can register to receive notifications of the program through an online registration. 
The channel guide is listed below:
== Channel 1: "Market Reports with Doctor J" ==
Jon Najarian, a professional investor, media analyst and speaker, and cofounder of optionMONSTER.com, presents online market commentary twice every weekday on CBOE-TV. The slightly less than five-minute morning program, "Before the Bell," features what's on his watchlist for the day. During the afternoon program, "CBOE Options Report with Doctor J," which runs 5-10 minutes depending on what's going on in the market, Najarian offers insights on unusual market activity and current index and equity options news. Najarian emphasizes that the opinions expressed are his own and not those of the CBOE.
== Channel 2: "In the Money with Angela Miles" ==
Long-time financial journalist Angela Miles hosts CBOE's daily program, "In the Money with Angela Miles." With broadcast times varying anywhere from 11 a.m. to about 12:30 p.m. (Chicago time) and a running time of 7-10 minutes, the program features current options-specific market news, exclusive interviews with traders from the floor of CBOE, and other points of interest for traders.
== Channel 3: "Strategy and Education Programming" ==
CBOE-TV's Strategy & Education channel provides in-depth options trading discussions hosted by the biggest names in the business including Larry McMillan, Dan Sheridan and others.
== Channel 4: "CBOE Products" ==
This channel allows viewers to learn about new products and how they can help enhance various investment strategies. 
== Channel 5: "CBOE News & Events" ==
This channel broadcasts the latest news and events from the CBOE including press conferences, visits by CEOs and government officials, bell-ringing ceremonies, and other events of particular interest to industry and investment communities. 
== Channel 6: "Options Safari with Dan Sheridan" ==
CBOE-TV's newest channel is hosted every Monday by well-known options trader and educator Dan Sheridan. Sheridan shares unique options strategies and market insights on a variety of topics.
== References ==
 
Category:CBOE Category:Podcasts Category:Media