The Globe and Mail reports in its Tuesday edition that Bank of Montreal is unveiling new features for options traders on its on-line investing platform, joining other institutions that are catering to retail investor demand for this leveraged and risky form of trading. The Globe's Salmaan Farooqui writes that options allow investors to bet on whether a stock will go up or down in price by purchasing a contract that allows them to sell a product at an agreed price by a certain date. A small initial investment can produce much bigger gains than simply trading stocks, but it can also lose an enormous amount of money. BMO is decreasing the cost of trading options and regular stocks for traders on its InvestorLine platform who make more than 150 trades per quarter to $3.95 plus $1.25 for each options contract, down from $9.95 per trade plus $1.25 for each options contract. It is also introducing functionality for multileg options trades -- a more complex form of options trading that allows the purchase of multiple contracts for different dates in a single order. The platform will also feature educational videos and prompts so users can get in-depth knowledge about options trading before diving into risky trades.