Global Markets
Tradable Products
Featured Products
Cboe Data Vantage
Analytics & Execution
Access Solutions
Indices
Other Solutions
As options trading continues to accelerate across global markets, firms need market data solutions that deliver speed, accuracy and efficiency without overwhelming their infrastructure. Cboe Options Lite meets that need by offering a cost-effective, low-bandwidth, consolidated U.S. options feed that provides only what you need and nothing more.
Purpose-built for modern trading environments, Cboe Options Lite combines cloud scalability, real-time market coverage and significant cost savings, making it an ideal solution for brokerages, trading firms, fintech platforms and market-data distributors worldwide.
Traditional U.S. options data distribution is notoriously resource‑intensive. Full OPRA bandwidth averages around 40 Gbps but can climb as high as 70 Gbps, creating substantial infrastructure, networking and computing challenges. Cboe Options Lite dramatically reduces this burden with an average bandwidth of 500 Mbps and a peak bandwidth of 5 Gbps.
That’s nearly a 90% reduction in bandwidth and many firms may see up to 93% savings in infrastructure and connectivity costs.
Cboe Options Lite streams real-time updated data via Cboe Global Cloud in AWS, using Apache Kafka and Avro serialization for efficient, scalable distribution. This cloud-native delivery enables firms to consume U.S. options data with modern infrastructure, eliminating the need for costly hardware, multicast networking or specialized data center presence.
Every trade is delivered in real time without conflation, including:
You still receive every trade update, just without the excess overhead of the full OPRA feed.
Quotes include:
This provides a complete view of market liquidity while minimizing message volume.
Cboe Options Lite includes:
This ensures firms receive the most important real-time signals for execution logic, portfolio analytics, customer displays and market intelligence.
To simplify system recovery and reduce the need for continuous full-depth updates, Cboe Options Lite publishes 15-minute summary snapshots including:
The feed provides full reference data for all U.S. options series, including:
Integration is designed to be fast and straightforward. Available connectivity options include:
With flexible APIs and streaming protocols, many firms can go live quickly and without rewriting major components of their tech stack.
Cboe Options Lite organizes symbols into topics, allowing you to subscribe only to the product groups you need. This structure reduces network and CPU load, supports selective, use-case-driven consumption and lowers both infrastructure and cloud computing costs
For clients receiving Cboe Options Lite via a vendor, OPRA approval is handled through that vendor. For those connecting directly to Cboe Options Lite, Cboe handles OPRA reporting on your behalf, reducing administrative tasks and simplifying compliance.
Cboe Options Lite reduces the complexity, volume and cost traditionally associated with OPRA data, all while preserving the real-time, trade-by-trade insight firms need.
Key advantages include:
In short: Cboe Options Lite provides everything essential to power trading, analytics and customer experiences — at a fraction of the cost and bandwidth.
Download the factsheet here or visit Cboe.com/optionslite
The information provided is for general education and information purposes only. No statement provided should be construed as a recommendation to buy or sell a security, future, financial instrument, investment fund, or other investment product (collectively, a “financial product”), or to provide investment advice. Past performance of an index or financial product is not indicative of future results.
There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/global-disclaimers/. In certain jurisdictions, Cboe Company products are only permitted for investment professionals, certified sophisticated investors, or high net worth corporations and associations. These products are complex and are suitable only for sophisticated market participants. These products involve the risk of loss, which can be substantial and, depending on the type of product, can exceed the amount of money deposited in establishing the position. Market participants should put at risk only funds that they can afford to lose without affecting their lifestyle. © 2025 Cboe Exchange, Inc. All rights reserved.
