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[Music] good afternoon ladies and gentlemen were going to get started were glad you could join us for the latest installment of the options industry councils webinar series my name is Alexander and Ill be guiding you through todays session Im pleased to welcome our presenter today bill Ryan who is an integral instructor for OIC providing investors with the core teachings essential for options investing if you ever called the investor services line or chatted with us online you may very well have spoken with them bill is a senior investor services specialist for the OCC hes responsible for providing support to a comprehensive options resource center that provides information and education about options and supports all products traded on all OCC participant exchanges were excited to introduce bill as he brings more than 25 years of industry experience to our discussion today thank you Alex and welcome everybody were here to talk about how various corporate actions can impact opt