February 25, 2008 11:02 ET

The Options Industry Council Announces Equity Options Seminar Lineup for Spring 2008

CHICAGO, IL--(Marketwire - February 25, 2008) - The Options Industry Council (OIC) recently announced its new spring schedule of live seminars for investors and financial advisors. OIC is proud to present these updated seminars for 2008 covering both basic and intermediate equity options essentials.

These free educational seminars are taught in a classroom-style arrangement by experienced instructors from the various options exchanges. Each seminar runs from 6-9 p.m. and registration is required.

Seminars will be held in the following cities from March 4 through May 15: Atlanta; Chicago; Dallas; Denver; Detroit; Long Island; New Brunswick, NJ; NY Midtown; Philadelphia; Phoenix; Santa Ana, CA; Seattle/Bellevue, WA and Washington, DC.

Those interested in attending can obtain a detailed schedule (including dates and locations) and also register via OIC's website or by calling 1-888-OPTIONS (1-888-678-4667).

Course descriptions:

Basic: Getting Started with Options

This new basic seminar focuses on options fundamentals for the novice options investor. An options professional will cover essential concepts and terms of options contracts as well as their risk/reward characteristics. Attendees will learn about buying and selling calls and puts, how to work with an expected up or down movement in a stock's price with limited risk, and how to revive a stock already owned that doesn't seem to be going anywhere. Options questions will get straightforward answers. A basic knowledge of stocks, and some experience with stock investing, is recommended.

Intermediate: Managing Your Portfolio with Options

This new intermediate-level seminar extends beyond the fundamentals of buying or selling calls and puts. After a review of basic concepts, an options professional will guide the classroom into the world of spread strategies including vertical spreads and time spreads. This class will demonstrate how truly flexible options are, and how these limited risk spreads might fit into even the most conservative portfolios. Participants will learn about straddles and strangles, and the nature of volatility. They will also learn about ways to repair existing stock positions. An understanding of the basics, as well as limited experience trading options is recommended.

About OIC

OIC is an industry cooperative 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 and, evening seminars throughout the continental United States and Canada, instructional DVDs and educational literature and software.

Editor's note: Reporters are invited to attend the seminars to learn more about options. Please contact Jim Binder at 312-322-9853 or Angela Kotso at 312-322-6267 for arrangements.

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