Answer:
The false statement is:
when a CBOE Â call option on IBM is exercised, IBM issues more stock.
Explanation:
CBOE = Chicago Board Options Exchange. CBOE pioneered the options trading in 1973. Â It has remained the largest U.S. options market operator. Â It supports options trading on thousands of publicly listed stocks and exchange-traded products. Â Exercising a call option on the exchange platform does not affect the outstanding IBM stock and will never force IBM Corporation to issue more stock.