CBOE Sees Possible Apple (AAPL) Index In Expansion

The Chicago Board Options Exchange (NASDAQ:CBOE) may be eyeing up an index based on Apple Inc. (NASDAQ:AAPL) futures according to statements made by the president of the company earlier today. The company's VIX index is used as the best measure of volatility on the market and is used daily by investors. The news was reported by Reuters earlier today.

The president is now eyeing up an expansion of the products to single stock volatility indexes and is eyeing up Apple as a possibility. The president stated that he would not be surprised "if I saw...