Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Learn Options from a Designated Primary Market Maker (DPM) - A Trader Unlike Any Other

Fari Hamzeitwitter.com/hamzeianalytics
http://hamzeianalytics.com


For those of you who wanted to know a bit more about Tuesday night webinar….

The featured speaker, whom we affectionately call “The Admiral,” was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we’re not using his real name (so don’t ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the ’80s and ’90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of ’87, the smaller crash of ’90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you’re going to learn options, it might as well be from the very best.

The Admiral is ready to share his lessons learned from actual experiences as a trader and his unlimited wealth of knowledge. His first topic to be discussed include: buy-writes/covered, using puts, using verticals, morphing into a “collar,” and related topics. These are nuances for more sophisticated traders, so be ready to listen and learn!

The cost per strategy/topic is $25, payable thru PayPal. Paid subscribers will get access to each strategy/topic recording for the period of 90 days from the date of that particular topic. The webinar includes couple of trades for all subscribers and, at random, we will raffle two copies of my book, Master Traders (retail value $75+SH).

Because the way GoToWebinar operates, once each webinar starts, you can no longer subscribe to that particular topic. So if you are interested to learn options from arguably, one of the very best options traders (and my mentor), act now by clicking here: http://www.hamzeianalytics.com/pow_register.asp

Our registration page will automatically take you to PayPal and then to GoToWebinar. Once you have completed the process, the webinar password will be issued to you via G2W Servers. Go thru the steps and follow the instructions slowly.

All the best;

Fari Hamzei
Founder
Hamzei Analytics, LLC

Excerpts from The Admiral’s 1st Webinar:

Options Pricing & Volatility educational clip
Option Greeks Basics: Delta
Options Equality Synethics (Parity)