The AAII Philadelphia Chapter presents...

"How to Use Stock Options 101"

    Discussed by:

    Joseph Burgoyne
    Director of Personal Finance, Morningstar Inc.; Senior Columnist,

Many individual investors either don’t know a thing about stock options or don’t want to know because options are regarded as extremely complex financial instruments. That is a big mistake. Options, conservatively used, can act as insurance policies on your stocks or as a means of generating “artificial dividends” from them. Joe Burgoyne, director at The Options Industry Council, will introduce attendees to stock options. This presentation will cover what options are and how they work and will discuss ways to use them in bullish, bearish and sideways markets. Burgoyne will cover lots of actionable material and do it in a way that is understandable for all. Don’t miss it!

Attend This Meeting and Learn...
What stock options, puts and calls are and how the price of a put and a call option are related to the price of their underlying stock
How can you use puts to partially insure your stock portfolio against a decline in market price
How you can use the “covered call” strategy to generate income from your stock portfolio

Tuesday, May 22, 2012
6:00 p.m.    Registration/Social
7:00 p.m.    Program
8:00 p.m.    Q&A
Radisson Valley Forge Hotel
1160 First Ave.
King of Prussia, PA 19406
(610) 337-2000
[ Map This Location ]
In Advance (by 5/19), AAII Member, Member’s Family & Guests,
$12/person; Non-Members, $15/person
At the Door (space permitting), Everyone, $17/person
No Refunds

  Special Interest Groups (SIGs)

SIG meetings do NOT require advance registration (some may request an RSVP). Most are free of charge. Contact the group leader if you need additional information to attend.


Computerized Investing
Chris Morris,
This group is dedicated to the art and science of technical analysis. We look at stock charts and indicators through the eyes of some of our members. The members comprise all levels of understanding, from the inexperienced to the seasoned investor. The experienced members are always willing to assist the less knowledgeable. We meet every third Saturday of each month from 10 a.m. to 2 p.m. Please email for information and directions.

Mutual Funds
John Kiernan, 215/348-8310
Meets at Penn Wynne Library, 130 Overbrook Pkwy., Wynnewood, PA, 610/642-7844, 7:00 to 9:00 p.m. on the second Tuesday of the month. This is a working group that examines mutual fund newsletters, software, member portfolios (in percentage terms), decision processes and related topics.

Options and Strategies
Anthony Jankowski, 610/647-3712
Meets at Easttown Library, just south of US 30 at 720 First Avenue in Berwyn, PA, 610/644-0138, from 7:00 to 9:00 p.m., usually on the first Tuesday of the month. (For a map, visit, then click the link: Directions:.) This SIG helps familiarize members with how options may be used in different aspects of portfolio management, including income supplementation and asset protection. It introduces the differing strategies in plain language and offers the opportunity to ask questions and share ideas with fellow AAII members.

Value Investing
Bob Bolder, 267/467-4178
Usually meets 7:00 – 9:00 p.m. on the third Tuesday of the month. This group discusses the investment merits of (usually) two stocks, using the criteria established by such well-known investors as Warren Buffett, Mario Gabelli, Benjamin Graham and Peter Lynch. Please phone Bob Bolder to learn the meeting location.

Jim Brady, 610/453-1797,
Meets on the fourth Monday of every month at the Easttown Library, just south of US 30 at 720 First Avenue in Berwyn, PA, 610/644-0138. This group focuses on the investment methodology known by the initials CAN SLIM, a stock screen that is very popular on the website. Members review a different facet each month to show how these ideas can be used to select particular stocks and to create buy and sell signals. All levels are welcome.

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