CHICAGO, IL—(Marketwire — November 14, 2008) — The Options Industry Council (OIC) recently announced the addition of a volatility seminar to its fall schedule of live seminars for investors and financial advisors. OIC currently offers basic and intermediate options courses and, continuing with its commitment to investor education, will now offer seminars on volatility.

These free educational seminars are taught in a classroom-style arrangement by experienced instructors from the various options exchanges. Each seminar runs from 6-9 p.m. and registration is required.

The new volatility seminars will be held in New York on Tuesday, November 18; Wednesday, November 19 in Santa Ana, CA; and Thursday, November 20 in Detroit, MI.

www.optionseducation.org/seminars/default.jsp or call 1-888-OPTIONS (1-888-678-4667).

Course description:

OIC’s Volatility seminar begins where the Basic and Intermediate seminars left off. The concept of volatility has a significant influence in the price behavior of any options position. In this seminar, an options professional will cut through the complexities of volatility by explaining what volatility really is — and what volatility isn’t — and why it is a factor in an option’s price. There will be an introduction to how volatility is measured and what that measurement means. Implied volatility and its impact will also be covered, which is fundamental for reducing any confusion with respect to changing options prices.

It is recommended that attendees have a solid understanding of option fundamentals, a firm comprehension of option pricing, familiarity with various option strategies, experience buying and selling options and a tolerance for some statistical mathematics — just enough to solidify your understanding.

About OIC

OIC is an industry cooperative funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ Options Market, NASDAQ OMX PHLX, NYSE Arca, and The Options Clearing Corporation. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC’s resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational Web sites at www.optionseducation.org and www.OICoptions.com. evening seminars throughout the continental United States and Canada, instructional DVDs and educational literature and software.