Overview
The Options Industry Council (OIC) is not your ordinary council of wise old financial wizards; rather, it’s a dynamic cooperative engaged in enlightening both greenhorns and veterans of the financial world about the ins and outs of exchange-traded equity options. Dreamed into existence in 1992 by the U.S. options exchanges and the Options Clearing Corporation, OIC has been demystifying the often tangled webs of options trading with zest and zeal.
What Does the OIC Do?
OIC’s mission might sound like a tall tale—to educate the masses about the glitter and sometimes the gloom that accompany exchange-traded equity options. Through a variety of formats ranging from online courses, snazzy webcasts, toe-tapping podcasts, to old-school DVDs and print brochures, OIC lays down the law on the lands of options trading. Fancy a webinar or prefer a face-to-face seminar? OIC has got you covered.
Who Benefits from the OIC?
- Institutional Investors: Hovering around the high towers of investments, these giants can delve into detailed derivatives discussions or get a grip on market trends through exclusive materials once they wave the magic wand of registration.
- Financial Advisors: These warriors of wealth can arm themselves with strategies to shield and multiply their clients’ treasures. A quick sign-up grants them access to the arsenal of educational resources.
- Everyday Investors: Even the common folk, looking to dip their toes in the options pool, can gather all the knowledge they need without so much as a password.
Educational Resources and Tools
OIC isn’t just about offering lessons; they ensure these lessons are steeped in reliability and relevance, blessed by the compliance gods for accuracy and integrity. From the foundational bricks of options basics to the dizzying heights of advanced strategies, OIC’s tools are crafted to cater to every level of curiosity and expertise. Their strategy corner is practically a trading dojo – minus the sweat and tears.
Brought to You By
Sponsorship is the lifeblood that keeps the educational feast flowing at OIC. Giants of the trading arenas like the Nasdaq, NYSE, and Chicago Board Options Exchange, among others, ensure that your educational journey is not only comprehensive but also absolutely gratis.
Witty Wisdom
Remember, options trading is not for the faint-hearted nor the speed-readers. Like fine wine, concepts need to be savored and understood with patience, whether it’s a bullish call or a bearish putt. With OIC’s treasure trove of knowledge, you’re never trading in the dark.
Related Terms
- Derivatives: Financial securities whose value is derived from an underlying asset.
- Call Option: The right, not obligation, to buy a stock at a set price within a specific time.
- Put Option: The antithesis of a call, allowing you to sell under similar conditions.
- Risk Management: The fine art of making sure one’s financial adventures don’t end in dragons.
Further Reading
- “Options as a Strategic Investment” by Lawrence G. McMillan: An insightful compendium for navigating the crests and troughs of options markets.
- “The Options Playbook” by Brian Overby: A handy field guide to options strategies for every player from rookie to pro.
With the Options Industry Council as your guide, step wisely and trade well. Happy optioning!
