Adam Warner

Adam Warner

Adam Warner is the author of Options Volatility Trading: Strategies for Profiting From Market Swings, released in October 2009 from McGraw-Hill. He co-wrote the options column on Street Insight from 2003 to 2005, and is currently Options Editor at Minyanville.com.

When he’s not writing, Adam is a proprietary option trader with Addormar Co. Inc. He traded as a member of the American Stock Exchange from 1988-2001, and he has traded in several off-floor locations since then.

Adam graduated from Johns Hopkins University with a degree in economics.

Recent Articles

Midday Option Focus – Netflix, Priceline

Options trading today is highlighted by high-volume sell-off in Netflix (NASDAQ: NFLX) and non-event in Priceline.com (NASDAQ: PCLN) before earnings tonight.

Options Now – Gold and Silver, VIX and VXX

Investors trading SPDR Gold Trust (NYSE: GLD) and iShares Silver Trust (NYSE: SLV) ETFs, the CBOE Volatility Index (VIX) and its futures (NYSE: VXX).

Options Focus – Apple Bites, VIX-Lite

A focus on the options market for Thursday shows Apple (NASDAQ: AAPL) busy heading into expiration Friday while traders bet the CBOE Volatility Index (VIX) won’t move.

Ford’s Tough Road Suggests Put Options

Ford (NYSE: F) volatility is low, stock is inexpensive, and options are cheap, suggesting May put options for trading.

Volatility Decline Impairs VIX, VXZ Premiums

The CBOE Volatility Index (VIX) has dropped as volatility in the S&P 500 Index has declined. Premium in VIX futures like the VXZ and the VXN have also dropped.

Forget Spy vs. Spy, Try SPY vs. Apple

New Alpha Indexes allow traders to trade Apple (NASDAQ: AAPL), Citigroup, (NYSE: C), Gold ETFs and more against broad market benchmarks.

Apple Options a Buy but They Aren’t Cheap

Options on Apple (NASDAQ: AAPL) are attractive but prices remain high despite a decline in volatility.

VIX Concepts often Miss the Volatility Boat

The CBOE Volatility Index (VIX) moves in opposition to the market, with a roughly -.66 correlation. Implied volatility is currently high compared with historic volatility.

Egypt Gives VIX a Volatility Rush

The CBOE Volatility Index (VIX) exploded in response to riots in Egypt, along with option traders covering their short sales.

Beware the Amazon Options Jargon

Amazon (NASDAQ: AMZN) reports earnings this afternoon and option analysts are over-analyzing a buy-call strategy. Selling puts may make sense.