Online Courses

Continuing Education Credit: 1 hour*
*Available for fee-based courses only, please send us an email for more information.

Course Expiration: Course access expires 12 weeks from date of registration

Cost: Free

Course Overview:

Options can be compared to insurance policies. The factors that always affect an option's price: price of the underlying stock, strike price, time to expiration, interest rates, dividends, and volatility.

This module will examine these factors and the effect they may have in changing an options price.

Course Outline:

Options Compared to Insurance Policies
- Options as Insurance

Introduction to Volatility

How Option Prices Change
- Changing the Stock and Strike Price
- Days to Expiration and Interest Rates
- Dividend Yield and Volatility

Delta and Time Decay
- The Delta of an Option
- Call and Put Deltas
- Time Decay

Implied Volatility
- Implied Volatility
- An Example

How to Register:
Step 1: Log into your MyCBOE account.

Step 2: Enter Registration Code

Please click here and enter optedu if prompted.

If you are taken directly to your Course Status Page, please scroll to the bottom for your Current Registration code. Please click on Change Registration code if it is NOT optedu

Step 3: Complete a Student Profile

Complete the student profile page and click on the submit button.

Step 4: Select your Courses

You should now be on your personalized Course Status Page which will list all of our available courses. To register, simply select the course name link.

Contact Us:

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Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.