Optionsxpress just announced that they have acquired an online education company Optionetics.  From Businesswire:

Optionsxpress Holdings Inc. announced today that it has signed a definitive agreement to acquire Optionetics, Inc. in an all cash transaction for approximately $20 million, plus additional cash consideration based on future performance

David Fischer, CEO of OptionsXpress, said “With its focus on derivative products, we believe Optionetics will help us further one of our stated objectives of providing education to our customers with the goal of helping them be more successful in their investing.”


George Fontanills, the founder of Optionetics, has also released a new options course book, Trade Options Online.   If its good enough for the best options trading broker to purchase the company, then its good enough for me to buy the book. Regardless of your level of options trading knowledge, its always a good idea to keep studying and reading new ideas.