Options

Education

ISE is committed to supporting the Options Industry Council (OIC) in its goal to educate investors and their financial advisors about the benefits and risks of exchange-traded options. OIC conducts hundreds of seminars, distributes educational brochures, maintains a website, and offers live help from options professionals.

Online classes are presented by the Options Industry Council (OIC) and are available at beginner, intermediate and advanced levels. Click here for more information.
The OIC also offers a number of Trading Tools, all available on their website at www.optionseducation.org.

Basic Options Calculator
The Basic Options Calculator walks newcomers through the process of setting the variables that affect the price of an option. This calculator provides an explanation of all input variables and the output of generated (theoretical prices and risk parameters).

Advanced Options Calculator
The Advanced Options Calculator provides users with variables that affect the price of an option. This version of the calculator has an additional feature that allows users to calculate theoretical options prices and risk parameters "Greeks" over a range of strikes.

Strategy Screener
The Strategy Screener provides characteristic comparisons of over two dozen options strategies, all on an easy to read grid. Learn about the long-term outlook of a Covered Call or a Protective Put, and view net position graphs for each strategy.

Position Simulator
The Position Simulator works in tandem with the Strategy Screener. Using your own sample data, the Position Simulator allows you to view the effects of numerous strategies under simulated market conditions. Adjust volatility, expiration dates, and other factors to view results in real time.

Options Quiz
Test your options knowledge by answering some or all of the options related questions in this comprehensive quiz application. Modules are broken into three tracks: Basic, Intermediate and Advanced. Go at your own pace. Upon conclusion you'll be provided with your scores and will be prompted with suggested reading and resources based on your scores.

Click here to learn more about Interactive Brokers' Probability Lab!

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