Institutional

 

CBOE FLEX® Options


Introduction to CBOE FLEX Options

FLexible EXchange® Options (FLEX Options) are customized equity or index option contracts made available by the Chicago Board Options Exchange. FLEX Options provide investors with:

  • The ability to customize key contract terms, like exercise prices, exercise styles and expiration dates
  • Virtual elimination of counter-party risk - guaranteed by The Options Clearing Corporation
  • Price discovery in competitive, transparent, auction markets
  • A secondary market for an opportunity to offset or alter positions before expiration
  • Independent daily valuation by OCC of prices
  • Availability of daily price and open interest reports
  • The opportunity to trade large size with expanded or eliminated position limits
  • Operational efficiencies of exchange-listed options

More Information:

CFLEX
Index FLEX Options
Equity FLEX Options
FLEX Open Interest and Daily Closing Price Reports
FLEX Quick Reference Sheet in Adobe Acrobat Format



Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.