Stock options are a way to get exposure to a stock's price action without owning the underlying asset. The page provides links and resources to help you learn about to pros and cons of options trading, as well as how to get started.
Disclaimer
This page is for information purposes only. Before buying stocks or options, consult your financial advisor.
History of Options Trading
The trading of stock options began in the USA when the Chicago Board of Trade (CBOT) opened in 1848.http://searchwarp.com/swa46779.htm However, options became much more prominent after the Chicago Board of Options Exchange (CBOE) opened in 1968.http://www.buzzle.com/articles/history-of-options-trading.html It was the first exchange in the US that allowed only for options trading. Options activity has only continues to increase with the arrival of discount and online brokerages and the creation of new and innovative options products.
How to Buy Stock Options
This video talks about stock options and where you can buy them. Options allow you to participate without actually owning the underlying stock. Options can often be purchased directly from the broker you already work with.
Disclaimer
This page is for information purposes only. Before buying stocks or options, consult your financial advisor.
References
Fast Facts
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Fact:
Options can be purchased through most discount brokerages
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Fact:
Berkshire Hathaway options on B shares began trading on June 18, 2009
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Fact:
Put Options began trading on the CBOE in 1977
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Fact:
After the CBOE opened in 1968, total contracts traded jumped from 911 per day to 200,000 per day in just a few years
