There are a wide variety of places to find current and comprehensive information about options. The best places to look include the Internet, newspapers and financial newsletters.
The Internet is usually an up-to-date and free source for options information. And, there are many reputable sites on which you can do research. The Options Industry Council's (OIC) Web site, www.optionseducation.org, and the Options Clearing Corporation's (OCC) Web site, www.optionsclearing.com, provide educational information as well as industry-wide volume, open interest, contract adjustments, SEC filings and expiration cycles, in addition to other topics. You can also visit a variety of commercial sites, though you may need to pay to use them.
Newspapers, especially financial ones, will contain information about options, but they may not be as comprehensive or timely as other sources, especially if you're looking for statistics on a particular option.
Subscribing to a financial newsletter is a popular way to receive periodic updates about the options marketplace, educational information and recommendations of strategies. Although it may be helpful and insightful to read the opinions of options experts, it's always important to do your own research before engaging in a strategy.
Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available at your local Scottrade branch office or from the Options Clearing Corporation at 1-888-OPTIONS or by visiting www.888options.com). All option accounts require prior approval by Scottrade. Market volatility, volume, and system availability may impact account access and trade execution. Supporting documentation for any claims will be supplied upon request.