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Understanding Stock Options - Cboe

Understanding Stock Of Exchange-Traded Compared To Common Is An 1994, The Options Clearing S. LaSalle StreetSuite 2400 Chicago, IL 60605 USA1-800-537-4258(312) 322-6200 All Rights are financial instruments that can provide you, the individual investor, withthe flexibility you need in almost any investment situation you might give you Options . You're not just limited to buying, selling or staying out ofthe market. With Options , you can tailor your position to your own situation and stockmarket outlook. Consider the following potential benefits of Options : You can protect Stock holdings from a decline in market price You can increase income against current Stock holdings You can prepare to buy Stock at a lower price You can position yourself for a big market move even when you don't know which way prices will move You can benefit from a Stock price's rise or fall without incurring the cost of buying or selling the stockoutrightA Stock option is a contract which conveys to its holder the right, but not theobligation, to buy or sell shares of the under

Introduction Options are financial instruments that can provide you, the individual investor, with the flexibility you need in almost any investment situation you might encounter.

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