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OIC Introduces Online "Buying Puts" Class

Chicago—March 19, 2003

Looking for a new and dynamic way to learn about equity options? Then try The Options Industry Council (OIC)'s latest addition to its online educational offerings, the "Buying Puts" class. This free class is located at OIC's Website.

"The introduction of the Buying Puts online class is timely considering current market conditions. This strategy, which is used by options investors who wish to either profit from a downward price move or protect their current investments, is one of the more popular options strategies used in bear or uncertain markets," said Paul Stevens, OIC President.

The Buying Puts course offers an in-depth introduction to options basics and includes the following topics:

  • Applying equity puts for bearish speculation
  • Purchasing puts as "insurance" for your stock holdings
  • Using long puts in a bullish investment strategy
  • Learning about different financial outcomes of your put strategies

A quiz is included at the end of the course to help class participants assess their knowledge and progress.

Investors may repeat the Buying Puts class until they have a solid understanding of the topic. Buying Puts joins the other classes currently available to options investors on OIC's site: "Buying Calls", "Contracts Adjustments," "Covered Calls," Options Pricing," "Symbols and Quotes," and "Options Basics."

OIC began offering online classes in 2000.The online classes are one of OIC's most popular Web site offerings and year to date, have seen an average of 58,662 page views per month.

About OIC

OIC is a non-profit association funded by the American Stock Exchange, Chicago Board Options Exchange, International Securities Exchange, Pacific Exchange, Philadelphia Stock Exchange and The Options Clearing Corporation. OIC’s free 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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