SOURCE: The Options Industry Council

October 26, 2006 11:52 ET

The Options Industry Council Hands Out Halloween Treat to Investors, New Free Educational DVD "It's Good To Have Options"

CHICAGO, IL -- (MARKET WIRE) -- October 26, 2006 -- What frightens investors most this Halloween? Ghouls? Goblins? Ghosts? Options? Just in time to prove that options don't have to be scary, The Options Industry Council (OIC) announced today the availability of its free educational DVD, "It's Good to Have Options," hosted by personal finance columnist Terry Savage.

A regular television commentator on CNN, CNBC, PBS, and NBC and the nationally syndicated Chicago Sun-Times personal finance columnist, Ms. Savage walks investors through the basics of options -- what they are, ways to use them and their benefits and risks. The DVD follows a talk show format in which Ms. Savage leads a panel discussion among options professionals and fields questions from the studio audience. The hour-long video covers a variety of basic options trading topics.

The panel of options professionals consists of Marty Kearney, Senior Staff Instructor of the Options Institute at the Chicago Board Options Exchange, published author of "Understanding LEAPS®," and OIC Instructor; Steve Meizinger, Customer Services Director at the International Securities Exchange and OIC Instructor; Bill Ryan, Lead Options Specialist at OIC's Help Desk; and financial editor and writer Jim Kharouf, who contributes regularly to a variety of derivatives publications.

Copies of "It's Good to Have Options," are available free of charge, via www.888options.com or by calling 1-888-OPTIONS (1-888-678-4667). The DVD includes an interactive quiz that tests viewers on topics covered during the video. Should the viewer answer incorrectly, they are directed to the portion of the video that includes this information. A browse-by-scene feature enables viewers to review specific subjects or get a refresher course as necessary.

The launch of "It's Good to Have Options" follows OIC's recent introductions of on-demand webcasts and podcasts. Available for download from www.888options.com, the podcasts have quickly become a popular investor education tool.

About OIC

OIC is a non-profit association funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NYSE Arca, Philadelphia Stock Exchange and The Options Clearing Corporation. OIC's resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational Web sites at www.888options.com and www.OICoptions.com, live seminars throughout the continental United States and Canada, and educational literature and software.

Contact Information