Chicago Board Options Exchange (CBOE) is the largest U.S. options exchange and creator of listed options. CBOE’s educational initiatives come together in a comprehensive, online learning hub that offers option investors a foundation to build their knowledge and confidence when trading. Go to ‘Learning Centre’ of CBOE (www.cboe.com/LearnCenter/Default.aspx) and click on ‘Online Tutorials’ (www.cboe.com/LearnCenter/Tutorials.aspx). Read through the tutorials to understand the basics of Options.