What is the Options Disclosure Document (ODD)?

The Options Disclosure Document (ODD) is a publication issued by the Options Clearing Corporation (OCC) that explains how options work and the risks involved.

Important:

• The ODD is required reading for all options traders
• It outlines the characteristics and risks of standardized options
• Options trading involves risk and may result in significant losses

Learn more:

• https://www.theocc.com/about/publications/character-risks.jsp