CBOE QQQ Options Volume Sets New High

The Chicago Board Options Exchange (CBOE) today announced that reported volume in QQQ options on Wednesday, March 7 was 154,565 contracts (141,172 calls and 13,393 puts) traded.

Yesterday's QQQ options volume nearly doubled the previous high of 78,366 contracts traded on February 27, 2001. In its first seven days of trading, the QQQ options have quickly become one of the most-actively traded index products at CBOE.

The Nasdaq-100 Index Tracking StockSM (QQQ) represents ownership in the Nasdaq-100 TrustSM, a long-term unit investment trust established to accumulate and hold a portfolio of the equity securities that comprise the Nasdaq-100 Index®. QQQ options are used by investors for many reasons, including hedging and adjustment of exposure in technology-oriented stock portfolios.

Wolverine Trading, L.P. is the Designated Primary Market Maker (DPM) for the QQQ options.

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.