Dan Passarelli

Dan Passarelli

Author and options educator Dan Passarelli is the founder of  Market Taker Mentoring LLC. He has more than 18 years’ experience in the options industry and has worked as both a floor trader and an options instructor.

Dan began his option trading career as a market maker on the floor of the Chicago Board Options Exchange (CBOE), trading equity options. He has also traded agricultural options and futures at the Chicago Board of Trade (CBOT).

In 2005, Dan began teaching others what he learned from his years in the trading pits. He worked with the Options Institute at CBOE and the Options Industry Council (OIC). Through these organizations, Dan educated thousands of options traders about options fundamentals and the trading techniques and market strategies of successful option traders.

Dan is the author of two popular options books: Trading Option Greeks and The Market Taker’s Edge. Dan has also written numerous articles for financial publications. He has been a featured speaker on radio and television and has presented numerous podcasts and webcasts on options trading.

You can follow Dan on Twitter at @Dan_Passarelli.

Recent Articles

Making Money, Stuck in a RUT

Try an iron condor option trade in the Russell 2000 Index.

Try a SPY Bear Call Spread in Weak Market

A weakening market suggests an option trading bear call spread on the S&P 500 ETF (NYSE: SPY).

Is the Citi Stock Split Bad for Options?

A 10-for1 reverse stock split in Citigroup (NYSE: C) has options trading investors concerned it may lower volume and interest in the marketplace.

TiVo Offers Iron Condor Option Trade

An iron condor options trade in TiVo Inc. (NASDAQ: TIVO) profits from its low volatility.

A Yahoo Straddle Plays on Volatility

Buyers of an April straddle in Yahoo (NASDAQ: YHOO) believe the stock will be volatile.

Option Opportunity Knocks in Micron

A put option spread in Micron Technology (NASDAQ: MU) may be profitable as Japan rebuilds.

How Option Pros View Expiration

Professional option traders, or market makers, treat expiration day differently. Occasional option investors would do well to learn the secrets.

Use Intel Options to Profit From a Rebound

Sell a put option spread on Intel Corp. (NASDAQ: INTC) to prepare for a rally in the stock.

Milking Your Starbucks with Options

The market sell off left strong stocks like Starbucks (NASDAQ: SBUX) ready to rise. Buy a March Bull Put Spread to profit.

Buying Calls – 3 Problems, 1 Solution

A Bull Call Spread has several advantages over simply buying a call option. The spread requires a lower capital investment and it has a lower time-decay risk.