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

: MSFT |  News, Ratings, and Charts

Which 4 Stocks Account for 70% of the S&P 500's Gains

Over the past 52-week 4 stocks have accounted for nearly 70% of the S&P 500 Index’s 37% gain
: SPY |  News, Ratings, and Charts

What Percentage of Options Expire Worthless?

One of the persistent and pernicious myths regarding options is that 80% of all options expire worthless.
: SPY |  News, Ratings, and Charts

Why Smart Investors Use Covered Calls to Profit

Recent market volatility has both put traders on edge and pumped up the volatility in options.
: SPY |  News, Ratings, and Charts

Will the Market Be Immune to the Wuhan Coronavirus?

Will the stock market be immune to the effects of the Wuhan Virus outbreak? Continue reading to find out all of the details.
: 000300 |  News, Ratings, and Charts

Will the Market Be Immune to the Wuhan Virus?

Will the stock market be immune to the effects of the Wuhan Virus outbreak? Continue reading to find out all of the details.
: CBOE |  News, Ratings, and Charts

2 Distinct Concepts That Options Traders Need to Know

Today's featured article covers the 2 Distinct Concepts That Options Traders Need to Know. Continue reading to find out all these important investor details.
: GLD |  News, Ratings, and Charts

How to Use a Backspread Options Strategy to Profit

Today's featured article covers how you can use a backspread options strategy to maximize profits. Continue reading for more details.
: VIX |  News, Ratings, and Charts

How to Use a Backspread Options Strategy to Profit

Today's featured article covers how you should use a backspread options strategy to maximize your profits. Continue reading to learn more.
: SCHW |  News, Ratings, and Charts

3 Mistakes to Avoid When Trading Options

Today's featured article covers the 3 mistakes you should avoid when trading options. Continue reading to find out all the details.
: CBOE |  News, Ratings, and Charts

How to Read Options Activity for Clues to a Move

Today's featured article covers How to Read Options Activity for Clues to a Move. Continue reading to find out all these important investor details.
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