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Options for Traders Workshop Study Guide

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Disclaimer
In order to simplify the computations, commi
ssions and potential tax
implications have not
been included in the examples used in these
materials. Commissions and taxes will impact
the outcome of all stock and options transa
ctions and must be taken into account.
Options involve risk and are not suitable for
everyone. Prior to buying
or selling an option, a
person must receive a copy of Characteristics
and Risks of Standardized Options. Copies
may be obtained from The Chicago Board
Options Exchange (1-800-OPTIONS) or from
your broker. The investor considering options
should consult their ta
x advisor as to how

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Options for Traders Workshop Study Guide
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Disclaimer
In order to simplify the computations, commi
ssions and potential tax
implications have not
been included in the examples used in these
materials. Commissions and taxes will impact
the outcome of all stock and options transa
ctions and must be taken into account.
Options involve risk and are not suitable for
everyone. Prior to buying
or selling an option, a
person must receive a copy of Characteristics
and Risks of Standardized Options. Copies
may be obtained from The Chicago Board
Options Exchange (1-800-OPTIONS) or from
your broker. The investor considering options
should consult their ta
x advisor as to how
taxes may affect the outcome of contemplated
options transactions. A prospectus, which
discusses the role of the Options Clearing Corp
oration, is also availa
ble, without charge,
upon request, addressed to the Options Cleari
ng Corporation: 440 S. LaSalle St., Suite 908,
Chicago, Illinois 60605 or to the Chicago Board
Options Exchange: LaSalle at Van Buren,
Chicago, Illinois 60605.
ANY STRATEGIES DISCUSSED, INCLUDI
NG EXAMPLES USING ACTUAL
SECURITIES AND PRICE DATA, ARE
STRICTLY FOR ILLUSTRATIVE AND
EDUCATIONAL PURPOSES, AND ARE NOT TO BE CONSTRUED AS
ENDORSEMENTS, RECOMMENDATIONS, OR
SOLICITATIONS TO BUY OR SELL
SECURITIES.
PAST PERFORMANCE IS NOT A GUARA
NTEE OF FUTURE PERFORMANCE.
SUPPORTING DOCUMENTATION WILL BE SUPPLIED UPON REQUEST.

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