In this episode, Howard Chan and Cboe Global Markets, Bill O'Keefe, discuss the evolution of options trading, focusing on the role of Cboe in the market and the changing dynamics of volatility. They explore the increasing sophistication of market participants, the rise of FLEX options, and how these developments have influenced trading strategies and market behavior. The conversation highlights the importance of understanding volatility as a key component in portfolio management and the resources available for further education on these topics.
Chapters
00:00 Introduction to Volatility Series
01:38 Understanding CBOE and Its Role in the Market
06:45 Bill O'Keefe's Journey in Options Trading
10:48 The Evolution of Volatility and Options Usage
17:20 The Dynamics of Trading on the CBOE Floor
24:28 Understanding Types of Options
27:01 Market Dynamics and Trading Volumes
37:00 The Future of Options Trading
Recorded 4/23/2025. This material contains the opinions of the speakers, and such opinions are subject to change without notice. This content is not to be considered as personalized investment advice or a recommendation of any particular security, strategy or investment product.




