Understanding Equity Options - The Options Clearing Corporation

More documents

Recommendations

Info

For More InformationBATS Options Exchangewww.batsoptions.comBOX Options Exchangewww.bostonoptions.comChicago Board Options Exchangewww.cboe.comC2 Options Exchangewww.c2exchange.comInternational Securities Exchangewww.ise.comMiami International Securities Exchange, LLCwww.miaxoptions.comNASDAQ OMX PHLXwww.nasdaqtrader.comNASDAQ Options Marketwww.nasdaqtrader.comNYSE Amex Optionswww.nyse.comNYSE Arca Optionswww.nyse.comOCCwww.theocccomThe Options Industry Councilwww.OptionsEducation.org40
Notes41
Page 2 and 3: The Options IndustryCouncil (OIC) i
Page 4 and 5: Selling Equity Puts 30■ covered p
Page 6 and 7: The purpose of this booklet is to p
Page 8 and 9: FlexibilityOptions are an extremely
Page 10 and 11: Options Compared toCommon StocksLis
Page 12 and 13: Strike PriceThe strike price, or ex
Page 14 and 15: Exercising the OptionIf the holder
Page 16 and 17: puts. Like other exchange-traded eq
Page 18 and 19: VolatilityVolatility is the propens
Page 20 and 21: Buying Equity CallsA call option co
Page 22 and 23: e exercised and you will own 100 sh
Page 24 and 25: you to cover your position prematur
Page 26 and 27: ever, if the price increase occurs
Page 28 and 29: Selling Equity CallsAs a call write
Page 30 and 31: The $6 per share difference between
Page 32 and 33: 1) If the market price of the stock
Page 34 and 35: subsequently drops from $55 to $45
Page 36 and 37: GlossaryAmerican-style option: An o
Page 38 and 39: In-the-money: A call option is in-t
Page 40 and 41: AppendixExpiration Cycle TablesThe
Page 44 and 45: Notes42
Page 46: Notes44

Understanding Equity Options - The Options Clearing Corporation

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?