About Steve Smith
Steve Smith has more than 30 years of investment experience and an expert level of options knowledge. He was a seat-holding member of the Chicago Board of Trade (CBOT) and the Chicago Board Options Exchange (CBOE) from 1989 to August 1997. In 1998, he joined TheStreet.com as the senior option columnist and chief derivatives strategist. In 2003, he launched an option-based newsletter, OptionAlert, which was awarded the MIN "Best Business Newsletter" in 2006. In 2009, he joined Minyanville as a contributor and launched the proprietary OptionSmith newsletter. In 2010, he joined New Vernon Capital, a family of hedge funds with over $2 billion of assets under management, as risk market consultant to utilize option strategies to reduce portfolio exposure and enhance returns for the four main funds. In 2015 he began working at the Adam Mesh Trading Group, where he currently authors the Option Sensei newsletter and manages the Options 360 advisory service.
Recent Articles By Steve Smith
Why Oracle Is 'The Sleeping Giant' of the Cloud
Today’s featured article talks about “the sleeping giant” of the cloud. Continue reading for more details on the company, and how it could impact the tech space.
How are 2019's IPO Unicorns Performing?
Today's featured article covers how 2019 IPO unicorns have been performing. Continue reading for more details.
How Have Gamma Trades Taken Control of the Market?
Today's featured article covers how gamma trades have taken control of the market. Continue reading for more details.
How to Use Options to Protect Your Gains
Today's featured article teaches investors how they can use options trading to protein their gains. Continue reading for more of these valuable details.
Are Global Markets Ready to Break Out?
After years of the U.S. stock market outpacing nearly all other countries, the rest of the world is showing signs it's ready to catch up, begging the question: Are global markets ready to break out? Continue reading for more details.
How to Apply Stop-Losses to Options Trades
One cure for avoiding gaps is to use stop-loss “limit,” giving you time to assess the reason for the gap and then make an informed decision. Continue reading for more details on how you can apply stop-losses to your options trades.
Understanding a Covered Call Strategy
The covered call strategy is one of the most popular options strategies especially among investors that don’t consider themselves "options traders." Read for a detailed breakdown on how to understand a covered call strategy.
Shorting Volatility is Bigger, and Riskier, Than Ever
Selling option premium or shorting volatility has often been compared to picking up dimes in front of a steamroller. Despite the risks and the not-too-distant blow-up of VIX- related products earlier this year, more money than ever is piling into these strategies. Read for details.
McDonald’s (MCD) Looking Tasty Heading into Earnings Season
Today's featured article covers McDonald's (MCD) recent activity amid earnings season. Continue reading for more details.