The Chicago Board Options Exchange (CBOE) announced today that open interest in CBOE traded options reached a new record level on Thursday, April 20, 2000. At the close of business on
Thursday, 48,950,423 contracts were outstanding compared to the previous record of 48,050,993 contracts, which was set on January 21, 2000. A new record was also set for open interest in stock options traded at CBOE, with 44,505,303 contracts outstanding, beating the January 21, 2000 record of 43,714,397 contracts. Open interest reflects the number of contracts that have not been closed out -or open positions in the marketplace.
Trading volume at the CBOE set a single-day record earlier this month when 2,388,759 option contracts traded on April 14, 2000. CBOE is the largest exchange in Chicago, with average daily volume of more than 1.6 million contracts (equivalent to 160 million shares), and is the world's largest options exchange.
CBOE, the world's largest options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE site on the World Wide Web at http://www.cboe.com
