In this episode, Bernard Surovsky and Larry Kriesmer speak with Dan Passarelli, a

highly respected options trader, and educator who has built a comprehensive

curriculum in options trading from his extensive experience in the industry.

Starting his career by knocking on doors at the Chicago Board of Trade, he

eventually became a market maker, gaining invaluable experience on the trading

floor. Passarelli's curriculum covers everything from the basics of options

trading to more advanced strategies such as covered calls, cash-secured puts,

and an earnings trading system. He believes in the "smart income system," which emphasizes the importance of planning and strategy, and sees options trading as a way to give back and help individual traders.

Dan Passarelli is the Founder and CEO of Market Taker Mentoring, a leading

option-trading education firm that provides online options training, newsletters, and personalized one-on-one coaching for options traders. He has trained over 100,000 traders in 50+ countries—many who have seen results good

enough to become full-time pro traders.

After beginning his trading career on the floor of the CBOE as an equity options

market maker, Dan joined the company’s Options Institute and began teaching

both basic and advanced trading concepts to traders, brokers, money managers,

and market makers. In addition to his work with the CBOE, he has been an

invited speaker and taught options strategies at the OIC, ISE, CME Group,

Shanghai Futures Exchange, and many leading options-based brokerage firms—both nationally and abroad. Dan has a passion for sharing his knowledge and expertise in options trading, and he has authored two high-selling option-trading books, Trading Option Greeks and The Market Taker’s Edge. He is a frequent contributor to Bloomberg Business Television, FOX Business News, The TD Ameritrade Network, The Street, and CBOE TV; he is a resource to print journalists on markets, trading, and investing; and he shares trading strategies in well-attended online webinars.

Whatyou’ll learn about in this episode:

- Get acquainted with the "smart income system," involving covered calls

and cash-secured puts, and learn how to implement these strategies effectively

to enhance your income potential.

- Dive into more sophisticated strategies like credit and time spreads, including iron condors, and understand how to use them effectively.

- Learn how technological advancements in electronic trading have reshaped the

landscape and how you can adapt to these changes for more efficient trading.

Measured

Risk Portfolios Resources:

https://www.measuredriskportfolios.com

https://www.linkedin.com/company/measured-risk-portfolios/

Learn more about your ad choices. Visit megaphone.fm/adchoices