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Options Quick Facts

Education Snapshot

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Our Options Quick Facts will give you a basic overview of option concepts and the options marketplace. Within each section, you will have access to some of the most common questions and terms as they relate to the Chicago Board Options Exchange.

Types of Options - This section includes the following:

  • Equity Calls & Puts
  • Index calls & Puts
  • LEAPS®


Options Terms and Concepts- This area includes the following:

  • Terminology
  • Premium
  • Expiration, Exercise and Assignment.
  • Options Marketplace
  • General Questions


CBOE Volatility Index (VIX)