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The first fall field trip was to the Chicago Board Options Exchange (CBOE) on September 16. CBOE is the world’s largest options exchange and the leader in product innovation, options education, and trading volume. Mr. Kevin Davitt, Sr. Instructor for the Options Institute, began the visit with a presentation about what “options” are and explained the difference between “call” and “put” options. The students then were given the opportunity to tour the trading floor. After the tour, Ms. Roma Colwell-Steinke, Sr. Administrator of the Options Institute, gave a brief talk that covered the history, organization and activities of CBOE. Each student received a trading badge as a souvenir.