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OIC Introduces Online Class "Volatility"

Chicago—November 15, 2004

Want to understand one of the most commonly used yet least understood concepts in options trading? Then look no further than The Options Industry Council's (OIC) newest online class, "Volatility." This free class is located within OIC's Website.

"Our newest online class explains a complex subject that many investors don't understand. From this class, investors will gain an understanding of the relevance of volatility," said Paul Stevens, OIC President. "This class is our latest addition for the more advanced investor and joins five other diverse classes in this group."

"Volatility" offers the following instruction:

  • Learn what volatility is, how it works and why it is important to understand
  • Discover volatility's potential impact on options positions
  • Understand how probability theory and changes in volatility affect option premiums and profit or loss

Interactive examples help course participants visualize the outcomes of decisions and allow them to theoretically test a strategy before investing. A quiz is included at the end of the course so participants can measure their knowledge and progress. Investors may repeat the class until they have a solid understanding of the topic.

Other classes offered at OIC's Options University include:
100-Level Classes (Beginner)

  • Options Basics
  • Symbols and Quotes
  • Covered Calls

200 Level Classes (Intermediate)

  • Contract Adjustments
  • Buying Calls
  • Buying Puts

300 Level Classes (Advanced)

  • Options Pricing
  • Options Strategies in a Bullish Market
  • Introduction to Spreading
  • Options Strategies in a Bearish Market
  • Options Strategies in a Neutral Market

All classes are free and require registration at Options University. For a description of "Volatility" please visit:

About OIC

OIC is a non-profit association funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, Pacific Exchange, Philadelphia Stock Exchange and The Options Clearing Corporation. OIC's resources include: The Options Industry Services call center at 1-888-OPTIONS, an educational Web site at, evening seminars throughout the continental United States and Canada, instructional videos and educational literature and software.

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Debbie Baratz

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