During 1973, the standard call options gain its popularity. Chicago Board Options Exchange started the standard call options. In the year 1977, the put option was established after the success of the standard call options. Put options gains it popularity as time passes by. There was a massive increase on its trading volume and it gave a remarkable annual growth rate. Basing from this big increase, it only shows that investors really understands the concept of options. The overall increase was brought about by the familiarization of the investors on using these options.
In 2005, a new class of option called Weekly Options by Chicago Board Options Exchange. Thirty two years after the first introduction of call options weekly options were introduced. The weekly options were called by investors as \”weeklys\”. Options may differ on many ways, however, \”weeklys\” and monthly options are comparable. They also have differences and one of it is the capability of weeklys to exist by eight days only. You can get weekly options on Thursdays and it automatically expire after eight days. Monthly options has twelve monthly expirations and expires every third Friday of the month. Weekly options has the benefit of fifty-two expirations on a yearly basis and any investors of it will surely enjoy it.