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Disclaimer: statements are opinions expressed by Mark Wolfinger. These statements are not intended to replace professional advice. When in doubt, follow the advice of your investment, tax or legal advisors who are familiar with your particular circumstances.

Options and short sales involve risk and are not suitable for all investors. You can sustain losses in excess of your invested capital when trading options or short sales. All investment club members should understand the risks of any form of trading or investing. To learn about options, we recommend visiting the Options Learning Center at the CBOE. To learn about stocks, please visit the Investor Education area of the NASD.

Mark Wolfinger
Mark Wolfinger
Mark Wolfinger has been in the options business since 1977. He started as a market maker on the trading floor of the Chicago Board Options Exchange, and held various jobs while off the trading floor. In recent yeas, he has been an educator of individual investors, showing them how to intelligently and conservatively use stock options. He holds a BS degree from Brooklyn College and a PhD from Northwestern University. To learn more about Mark and his educational materials, visit his blog..

Know Your Options serves two purposes. It's a blog about conservative investing strategies using options, and it's a place to post questions. Please feel free to email Mark with your questions about stock options.