Low VIX and What It Means to Your Trading
Many traders are having a tough time making money in this market. Why? Low VIX. Professional traders use the VIX as a guide to gauge potential option profits. Attend this webinar with former CBOE floor trader Dan Passarelli and learn what the VIX is telling us about your trading this summer.
Author and options educator Dan Passarelli is the founder of Market Taker Mentoring Inc.
Dan is an author, trader and former member of the Chicago Board Options Exchange (CBOE) and CME Group. Dan has written two books on options trading — “Trading Option Greeks” and “The Market Taker’s Edge.” He is also the founder and CEO of Market Taker Mentoring, Inc., a leading options education firm that provides online options education, options newsletters and personalized, one-on-one coaching for option traders.
Dan began his trading career on the floor of the CBOE as an equity options market maker. He also traded agricultural options and futures on the floor of the Chicago Board of Trade (now part of CME Group).
In 2005 Dan joined CBOE’s Options Institute and began teaching both basic and advanced trading concepts to retail traders, brokers, institutional traders, financial planners and advisors, money managers, and market makers. In addition to his work with the CBOE, he has taught options strategies at the Options Industry Council (OIC), the International Securities Exchange (ISE), CME Group, the Philadelphia Stock Exchange and many leading options-based brokerage firms. Dan also contributes to financial media such as TheStreet.com, FOX Business News, Bloomberg Television, BNN, Public Radio, and the CBOE blog. And he has a weekly featured video on CBOETV.