Every human being on this planet must deal, in one way or another, with unexpected events that disrupt their lifestyle. Unfortunately, most of us come to learn this fact after our lives have been disrupted many times! From the guy that doesn’t own one worldly possession to the most wealthy of individuals, the possibility of loss always exists. The health and life of people is the most basic asset, an asset which millions of people across the world try to protect. Either by trying to stay healthy and out of harms way through being fit, working out. | Options Primer ©2002 MarketWise Trading School, . 1 TABLE OF CONTENTS TABLE OF CONTENTS 1 DISCLAIMER .5 WHAT IS AN OPTION? 6 OPTION OPTION EXCHANGES .8 THE BASICS .10 STANDARDIZED 100 SHARES .10 PRICING .10 EXPIRATION/ SYMBOLOGY 12 SETTLEMENT13 RIGHTS VS OPENING AND CLOSING OPEN OPENING