Do You Want to Become a Better Options Trader?

Posted On May 28, 2019 2:53 pm
By: Steve Smith

The passing of Memorial Day, with its historical weight, is also a time to look forward — to the light and carefree days of summer.

While some have used this turning of the season to clear “sell in May and go away,” I think it’s a good time to brush up on your options knowledge. Yeah, I know, I’m a wet blanket at the beach.

While I wouldn’t chop off your arm for reaching for the latest Jack Reacher novel, nor object to the suggestion of Grisham’s courtroom intrigue, or deny the deal-making put forth by Trump as someone who writes about and actively trades options I belong to the camp that believes your time could be better spent learning how options, when properly utilized, can both boost returns and reduce risk.

Instead, impress…

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.