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Episode #48: Former floor trader & professional options trader gives his favorite options strategies, talks time on the CBOE & partying in VIP next to Jay-Z

Confessions Of A Market Maker

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Isn't That Your Job?

i chris: With volatility increasing and ecreasing all the time, how do you play options? Do you keep adjusting positions all the time? Isn't that irritating? No, that's your job. That whult you do. It's like when you drive down the freeway, do you ever touch the steering wheel? No. Well, you got a testla, you reallyi got a steer. Tha, is professional trader. Your job, if you have a sizable portfolio, is mostly adjustment. Literally, you're adjusting almost all the time. Just it. Could be worse. We could be actually doing manual labor. I din suppose its ena o the game that

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