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
The Coronavirus and Market Volatility
Today's featured article covers just how low the S&P 500 (SPY) sunk amid COV-19 panic. Continue reading to find out just how badly the virus could affect the market.
Why Companies are Regretting Their Buyback Decisions
Today's featured article highlights the S&P 500 Index (SPY), and why companies are regretting their buyback decisions. Continue reading for all these important investor details.
Bonds Have Gone Bonkers! What Does It Mean?
Today's featured article covers the worrisome situation occurring in the bond market. Continue reading for all the details on the U.S. 10 Year Treasury (US10Y: U.S.)
How Much Worse Will the Coronavirus Hurt Airline Stocks?
The US. Global Jets ETF (JETS) is down 32% in recent weeks, worse than the broader SPDR S&P 500 (SPY) 12% correction during the same period. Continue reading to find out how detrimental the coronavirus could get for airline stocks.
Have Option Gamma Trades Taken Control of the Market?
Today's featured article covers the Chicago Board of Options Exchange (CBOE) and the performance of option gamma trades amidst unprecedented swings in stock prices. Continue reading for all the details.
The Correct Mindset to Have After the Stock Market Plummets
Today's featured article covers the correct mindset to have after the stock market plummets, which includes the SPDR S&P 500 ETF Trust (NYSEARCA: SPY). Continue reading for all the important details.
Volatility Is Skyrocketing: What the VIX Is and How to Trade it
Today's featured article covers what the CBOE Volatility Index (INDEXCBOE: VIX) is and how to trade it. Continue reading for all the important details.
What Are Bonds and What Role Should They Play in Your Portfolio?
Today's featured article covers what bonds are, and the role they should play in your portfolio. Continue reading to find out more about these bonds, which include IBM (IBM), Johnson and Johnson (JNJ), and iShares Barclay 20+ Year Treasury Bond (TLT).
Using Options to Protect Gains While Maintaining Upside Potential
Today's featured article covers how to use options to protect your gains while maintaining upside potential. Continue reading for all the details.