Tools for Knowledge in the Options Industry

June 4, 2012
Hosted by Jordan Goodman

[Download MP3] [itunes] [Bookmark Episode]

Guest Information

Episode Description

Our featured guest today, Joseph F. Burgoyne III, is Director, Institutional and Retail Marketing, for The Options Industry Council (OIC). Joseph will go over the history of the OIC. We will discuss the growth of US listed options industry, number of products listed, and contracts traded. He will let us know who they target with their education (retail investors, financial advisors, and institutions (pension plan trustees and foundations), along with how they educate (web site, live presentations, webinars, podcasts, investor services desk). He will define what options are…tools that allow investors to 1)protect portfolios, thereby managing risk, 2)generate additional income, 3)speculate. We will discuss some of the more common option strategies used by investors…covered calls, vertical spreads, calendar spreads, collars. Many free tools available to build a base of knowledge with the options product. The investment required is TIME.

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Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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