The Options Institute

From MarketsWiki

The Options Institute^[1] is the educational arm of the Chicago Board Options Exchange (CBOE) that provides both person-to-person and online training on how to manage risk or capitalize on opportunity by using various options strategies.

Established in 1985 as one of the earliest formal learning organizations in the security options arena (see Options education), the Institute has become a widely used industry resource for individual traders and institutions. Topics range from the basics of options to more advanced strategies.

A comprehensive curriculum, taught by trading industry professionals, covers all phases of the options business - from understanding options to using options to managing client accounts. Theory, strategy and hands-on trading simulations combine to enhance the learning experience. Many courses are free, and others charge a reasonably low fee.

Deb Peters is vice president of the Options Institute, and Jim Bittman, Marty Kearney and Peter Lusk are instructors.

Courses and Seminars

• Three free online tutorials covering options basics:
  • Options Basics^[2]
  • People and Electronics: How a Trade is Made^[3]
  • Advanced Strategies^[4]

• Reasonably priced courses for each level (4 basic, 3 intermediate and 3 advanced courses)^[5]
• Ongoing free webcasts for all levels^[6]
• Upcoming options seminars and events^[7]
• 2-day intensive "Master Sessions" for the serious trader and investor^[8]
• Customized programs that target different experience levels, industry segments, and venues. Each program teaches how options are a useful tool for investment and mitigating a portfolio's risk. The Institute has designed programs for:
  • individual investors^[9]
  • institutional investors^[10]
  • international market participants^[11]
  • retail brokers^[12]
  • colleges and universities^[13]

• Useful educational tools for more advanced levels:Options Calculator, Options Toolbox®, Index Workbench, Trading and Risk Management Strategies.^[14]
• CBOE TV -- free daily updates/reports you can access online^[15]
• "Ask the Institute" allows market users to ask questions about option concepts, strategies, and terminology. There also is an archive of past questions.^[16]

References

1. ↑ The Options Institute home page. Chicago Board Options Exchange. Retrieved on November 5, 2007.
2. ↑ Options Basics course. Chicago Board Options Exchange. Retrieved on November 5, 2007.
3. ↑ People and Electronics: How a Trade is Made. Chicago Board Options Exchange. Retrieved on November 5, 2007.
4. ↑ Advanced Strategies. Chicago Board Options Exchange. Retrieved on November 5, 2007.
5. ↑ Online courses. Chicago Board Options Exchange. Retrieved on November 5, 2007.
6. ↑ Educational webcast. Chicago Board Options Exchange. Retrieved on November 5, 2007.
7. ↑ Options Seminars and Events. Chicago Board Options Exchange. Retrieved on November 5, 2007.
8. ↑ The Options Institute Master Sessions. Chicago Board Options Exchange. Retrieved on November 5, 2007.
9. ↑ Customized programs, individual investors. Chicago Board Options Exchange. Retrieved on November 5, 2007.
10. ↑ Customized programs, institutional investors. Chicago Board Options Exchange. Retrieved on November 5, 2007.
11. ↑ Customized programs, international market participants. Chicago Board Options Exchange. Retrieved on November 5, 2007.
12. ↑ Customized programs, retail brokers. Chicago Board Options Exchange. Retrieved on November 5, 2007.
13. ↑ Customized programs, colleges and universities. Chicago Board Options Exchange. Retrieved on November 5, 2007.
14. ↑ Education tools. Chicago Board Options Exchange. Retrieved on November 5, 2007.
15. ↑ CBOE Online Media Center. Chicago Board Options Exchange. Retrieved on November 5, 2007.
16. ↑ Ask The Institute. Chicago Board Options Exchange. Retrieved on November 5, 2007.