Advisors

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The Instructors

About the Instructors


Options Institute Faculty
Guest Lecturers


Options Institute Faculty

Jim Bittman: Mr. Bittman is Director of Program Development and a Senior Instructor for The Options Institute at CBOE. He is the author of four books, Options for the Stock Investor 2nd ed., Trading Index Options, Trading and Hedging with Agricultural Futures and Options and Trading Options as a Professional. At The Options Institute he teaches courses for public and institutional investors in the U.S. and around the world. In 1980 Mr. Bittman began his trading career as an equity options market maker at the Chicago Board Options Exchange. From 1983 to 1993, he was a Commodity Options Member of the Chicago Board of Trade where he traded options on financial futures and agricultural futures. Mr. Bittman received a BA from Amherst College in 1972 and an MBA from Harvard University in 1974. He also teaches in a Masters' level Program at The University of Illinois in Chicago.

Jim Bittman - Instructor

Marty Kearney: Mr. Kearney is the co-author of Understanding LEAPS®, published by McGraw-Hill, released in September of 2002 and a contributing author of Options: Essential Concepts and Strategies (3rd edition), edited by The Options Institute, the educational arm of the Chicago Board Options Exchange (CBOE). Mr. Kearney began his long association with the CBOE when he became an independent Market Maker in early 1981. Mr. Kearney traded equity options full time on the trading floor until 1992 and periodically thereafter until 1996. In early 1992 he became a founding partner and Registered Options Principal of a brokerage firm based in Chicago. Mr. Kearney's responsibilities included development and implementation of hedging and trading strategies using listed options for their institutional clients as well as their retail investors. Mr. Kearney authored a weekly strategy letter for over four years, and composed the daily comments on the firms' website, which he helped develop. He has been a regular contributor to many news services including Reuters, Group W, The CBS Radio Network, Derivatives Week, BARRON'S, FORTUNE, Ticker Magazine, Stock Futures and Options, CNBC, Bloomberg, NPR and others. Mr. Kearney served on various committees at the CBOE, including the Arbitration Committee from 1984 to 1996. Prior to joining the CBOE Mr. Kearney was a marketing director for NCR Corporation. Mr. Kearney is a graduate of St. Mary's University (MN), BS, 1971, and pursued his MBA at Lake Forest Graduate School of Management. In 2006 he completed a 3-year SII/SIA program at the Wharton School of the University of Pennsylvania. At The Options Institute his duties include helping brokers develop new business with conservative option strategy such as covered- writing and portfolio hedging. He also trains brokerage firms' compliance department staff.

Marty Kearney - Instructor

Peter B. Lusk: Mr. Lusk is an instructor at the Options Institute, the educational arm of the Chicago Board Options Exchange. He teaches option courses for public and institutional traders and has contributed educational type articles to various financial publications. Peter has spoken to thousands of investors across North America the past few years including over 100 webinars for the CBOE and member firms on trading options. He can also be seen each week on CBOETV with his show, Strategy of the Week. In addition to his responsibilities at the Options Institute, Peter serves as an Instructor for the Options Industry Council - an organization representing the options industry in the U.S. Prior to working at the Options Institute, Peter was a highly successful market maker for many years on the floor of the CBOE trading equity options. He was also involved in options training for new market makers at Lakota Trading in Chicago. As a professional trader, Peter enjoys sharing his knowledge of proven option strategies and risk management at the Options Institute.

Peter B. Lusk - Instructor

Russell Rhoads: Russell Rhoads, CFA is an instructor with The Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management in Memphis, Caldwell & Orkin Investment Counsel, TradeLink Securities and Millenium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. Also, in 2008 he wrote Candlestick Charting For Dummies and is the author of Option Spread Trading: A Comprehensive Guide to Strategies and Tactics that was released in January 2011. In addition to his duties for the CBOE, he instructs a graduate level options course at the University of Illinois - Chicago and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003.

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Russell Rhoads - Instructor

   


Guest Lecturers

Rudy Aguilera: Mr. Aguilera is a sought-after speaker on the topics of Exchange Traded Funds (ETFs), concentrated equity positions, tax-efficient investing and the use of derivatives to decrease the volatility inherent in investment portfolios. He has been quoted in a number of publications including The Wall Street Journal and Business Week. Recently, Mr. Aguilera was selected by Institutional Investor as a Rising Star of Mutual Funds for 2011. In addition to writing articles for industry publications and journals, Mr. Aguilera has served as a chairman, moderator, panelist and advisory board member at the largest indexing conferences in the United States, Europe and Asia. For the past five years, Mr. Aguilera has been teaching investment professionals how to actively budget the amount of risk within investment portfolios as a guest instructor at the Chicago Board Options Exchange (CBOE). Due to his unique expertise on the prudent use of derivatives within asset allocation models, Mr. Aguilera has been a frequent lecturer at the national conferences of the Financial Planning Association (FPA), the National Association of Personal Financial Advisors (NAPFA) and the Investment Management Consultants Association (IMCA). Additionally, Mr. Aguilera has worked with the Florida Institute of Certified Public Accountants (FICPA) to lead continuing education sessions on the topic of tax-efficient investing.

Rudy Aguilera - Instructor

Fari Hamzei: Fari Hamzei is the founder of Hamzei Analytics, LLC, which is in its tenth year of providing cutting-edge proprietary analysis and indicators to institutional and professional traders, featuring quantitative market sentiment data -- in real time -- for 500 of the most active indices, equities, sector HOLDRS, ETFs, and Index Tracking Stocks. Its indicators include the only real-time, intra-day dollar-weighted put/call ratios. Hamzei’s subscription services feature proprietary buy/sell signals, market sentiment, and trend/momentum indicators. Mr. Hamzei is frequently quoted by CNBC, Bloomberg, and RealMoney.com and is often featured on TradeStation.com and on the eSignal.com forums. His book, Master Traders: Strategies for Superior Returns from Today’s Top Traders, was published by John Wiley & Sons in October 2006. Fari was (as of May 5, 2006) ranked FIRST for the last three, six and twelve months, as tracked by Timer Digest, the sponsor of the “Market Timer of the Year” competition. He is also the Group Leader of the Los Angeles TradeStation /eSignal /RealTick /MetaStock Users’ Group (www.ActiveTraders.org). Mr. Hamzei is a graduate of Princeton University with a BSE degree in financial engineering, and was a director of strategic planning at Northrop Grumman Corporation Aircraft Group.

Fari Hamzei - Instructor

Price Headley: BigTrends.com provides traders with specific real-time stock and options strategies and investment education on a daily basis to maximize profits during significant market trends. Founder Price Headley has appeared regularly on FoxNews as well as CNBC and Bloomberg Television, and in a variety of national financial media, including The Wall Street Journal, Barron's, Investors Business Daily, and USA Today. He speaks regaularly to investment audiences nationwide. Mr. Headley is a graduate of Duke University and a chartered market technician (CMT) charterholder. He is also a chartered financial analyst (CFA) charterholder. Price Headley also authored the Amazon Investing best-seller, Big Trends in Trading: Strategies to Master Major Market Moves.

Price Headley - Instructor

Shawn Howell: Shawn Howell began his involvement with capital markets and trading in 1992, while living and working in Tokyo, Japan. In 1995 Shawn went to work for Charles Schwab, spending over a decade working with the firm's most affluent and sophisticated traders and managing teams of specialized brokers. In 2005 he concluded his tenure as the Divisional Manager of Schwab's Active Trader Field team to teach currency, stock, option and technical trading strategies across North America for Investools. In 2006 Shawn became the Managing Director for the Forex enterprise at Thinkorswim Group (acquired by Ameritrade in 2009). In 2010 Shawn partnered together with long-time friend and colleague Rick Swope to create Pro Market Advisors. Pro Market Advisors specializes in premier investment education and trading consultation services for retail and institutional clients such as E*Trade Financial Corporation, Scotia iTRADE, the Options Industry Council and International Securities Exchange (ISE). Shawn continues to trade, consult, teach and design educational curriculum for traders at all levels. He lives on the central coast of California with his wife and two children.

 
Price Headley - Instructor

AJ Monte: As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. He has over 23 years in the business, ten of which were spent as a trader on the floor of the NY Commodity Exchange where he specialized in Gold & Silver Options. During his time on the trading floor he served for two years as the Chairman of the Option Floor Trading Committee for Comex. He left the floor in 1992 to trade NASDAQ stocks for Mayer & Schwitzer & Nash Weiss, which is now part of Bank of America. Several years later AJ pioneered the Trading Analytics Group for Charles Schwab & Co., which is a collection of team professionals who educate both clients and high profile brokers in the areas of Technical and Fundamental Analysis. AJ is the co-host of “Wealth & Wisdom”, a weekly financial show on WXEL PBS television in south Florida. His travels bring him to London, Switzerland and different parts of Asia teaching people how to manage risk by using technical analysis. AJ also appeared in the movie TRADING PLACES starring Dan Ackryod and Eddie Murphy while consulting with Director John Landis and the stars to prepare them for their realistic roles in the film. He is a Chartered Market Technician and member of the Market Technicians Association who currently resides in Orlando, Florida. He is married, has two children and loves to coach Lacrosse.

AJ Monte - Instructor

Allen Reminick: Mr. Reminick is a mathematician who has developed quantitative market forecasting theories and techniques. He has taught mathematics at Brooklyn College and St. Johns University, where his expertise was in Riemannian geometry. Over 30 years ago Mr. Reminick noticed that these mathematical time series techniques could be used in market forecasting. In 1987 Mr. Reminick met and became a student of Dr. Jerome Baumring of the Investment Centre in California. Dr. Baumring added a clear and complete picture of market behavior and a set of techniques that led to the application of abstract mathematical theories to real time market action. After integrating these techniques, Mr. Reminick became a market strategist and advisor to fund managers and traders. In 2007, Mr. Reminick founded Blue Apple Trends, a software development company dedicated to creating automated trading and hedging strategies. These techniques became the basis of The Reminick Letter, a monthly newsletter for trading stocks and commodities. As a result of the accuracy of the newsletter, a demand grew for seminars that explain these techniques. Mr. Reminick began giving seminars at the CBOE in 2009.

Allen Reminick - Instructor

John Person: John Person, a registered Commodity Trading Advisor, is the founder and president of NationalFutures.com, an investment advisory service. He is a 32-year veteran of the trading industry. He started on the floor of the Chicago Mercantile Exchange and then worked alongside George Lane, the creator of Stochastic's indicator. Currently he is an active independent trader and Publisher of the Bottom Line Newsletter. John is the author of three popular trading books and the co-author of the Commodity Trader's Almanac, all published by John Wiley & Sons, Inc. Mr. Person's trading methods, indicators and systems have been available on many brokerage firms and various trading software platforms.

John Person - Instructor

Dan Sheridan: Dan is a 22-year CBOE pit veteran with Mercury Trading, where for the past 17 years he served as senior trader and risk manager. Dan regularly taught traders and retail investors on behalf of Mercury and the CBOE's Options Institute. He has previously provided training and commentary to numerous organizations including First Options, the Mexican Stock Exchange, DePaul University, Jon Najarian's TCB Radio program, and WCIU TV 26. Currently, Dan is president/founder of Sheridan Options Mentoring Corporation which provides, in cooperation with OptionVue Systems, one-on-one mentoring to retail and institutional traders seeking to add or improve their options trading skills.

Dan Sheridan - Instructor

Rick Swope: As a veteran in the industry, Rick has presented in hundreds of seminars across the U.S. and around the world. His expertise includes technical analysis, market strategy and risk management. Rick was the co-owner and managing partner of a trading firm which was one of the pioneers in online trading. He provided technical analysis, trading strategy and software training to the firm's traders. Rick also traded a partnership account during that time, executing up to 300 trades per day. Rick worked closely with some of the early creators of Small Order Execution System trading. Rick has presented with some of the top financial exchanges including the Chicago Board Options Exchange, the Chicago Mercantile Exchange and the NASDAQ OMX. Rick created the first market technical analysis consulting team for a financial firm with $1 trillion in client assets. He has extensive media experience including a regional PBS weekly show, a national PBS pledge program and numerous radio and television appearances. He is the principal author of the Amazon bestseller, Five Points for Trading Success (Wiley, 2007). His third book, Trading by Numbers (Wiley) will be available March 2012. He has extensive teaching experience from corporate training to six years as an adjunct Engineering instructor. He studied in the disciplines of Engineering, Mathematics, Operations Research and Statistics. He is married with two children and resides in Atlanta, GA.

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Rick Swope - Instructor


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