CBOE Vest Technologies and The Options Industry Council (OIC) Offer Options Strategy Builders Tool on OIC Website

CHICAGO (August 17, 2017) - CBOE Vest Technologies, a software company enabling users to work with target outcome investment strategies, and the Options Industry Council (OIC), a provider of unbiased options education, are working together to educate investors and broaden the appeal of options with a new online tool, The Options Strategy Builders.

The Options Strategy Builders, available on OIC's website, helps users develop and test two popular options strategies -- the collar and the covered call.  Using the previous day's closing prices, the Options Strategy Builders can test multiple trade scenarios and visualize the potential profit and loss results in an easy-to-read graphic with no calculation required.

"Our goal in bringing our Options Strategy Builders to OIC is to popularize the use of options by encouraging people who may be unfamiliar with options trading to try out these popular strategies in a virtual trading environment," said Alex Zhigarev, COO at CBOE Vest Technologies. "Our user-friendly tool makes it simpler for users, regardless of their investing experience, to learn how collars and covered calls can be effectively used in an investment portfolio."

"We are thrilled to offer the Options Strategy Builders on the OIC website, as it will provide investors with the ability to better understand how the covered call and collar strategies work," said Mary Savoie, OIC Executive Director. "As a leading provider of unbiased options education, OIC is committed to helping investors, financial advisors, and market participants understand how these risk management products can provide valuable and versatile solutions for various investing goals."

To use the Options Strategy Builders, users first select which strategy builder to use, choose the stock or ETF symbol they’d like to test and then set the expiration date. The tool builds the strategy and displays the potential results. Users can also show option positions for more details and an explanation of the results.

The tool available on OIC’s website is a portion of a broader platform offered by CBOE Vest Technologies. The complete platform, including expanded strategy testing and trade execution, is available with a CBOE Vest Technologies account and can be accessed through the CBOE Vest Technologies website.

About CBOE Vest Technologies

CBOE Vest Technologies offers a cloud-based platform, providing financial advisors, banks and brokerage firms with easy access to innovative Target Outcome Investment strategies. Target Outcome Investment strategies, such as those built by CBOE Vest Financial, seek to provide investors with targeted protection, enhanced returns or consistent income. CBOE Vest Technologies’ unique software platform enables users to customize the risk-return profiles of the target outcome investments in real time, and view the investment performance on a strategy level. See http://www.cboevesttech.com.

About OIC
Celebrating its 25th anniversary, OIC is an industry resource provided by OCC, the world’s largest equity derivatives clearing organization. Its mission is to provide free and unbiased education to retail investors, financial advisors and institutions about the benefits and risks of exchange-listed options. OIC offers education which includes webinars, online classes, podcasts, videos, investing tools, and live help. OIC’s Roundtable is OIC’s advisory group and is comprised of representatives from the exchanges, member brokerage firms and OCC. For more information on the educational services OIC provides for investors, visit www.OptionsEducation.org.

Media Contacts:

CBOE Vest Technologies

Linda Werner
202-794-6061
lwerner@cboevest.com

Suzanne Cosgrove
312-786-7123
cosgrove@cboe.com

Options Industry Council

Michael Shore
312-322-1150
MShore@theocc.com

CBOE Vest Technologies, OIC and their respective affiliates do not recommend or make any representation as to possible benefits from any securities, strategies or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. We disclaim any duty to update the information herein.

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.