Dan Passarelli's New Company, Market Taker Mentoring(TM), Comes at the Right Time for Option Traders.CHICAGO -- Option-industry denizen An inhabitant of a particular place. A "denizen of the Internet" is a person who frequently uses the Web or other Internet facilities. and author Dan Passarelli recently launched a new mentoring company designed to educate option traders. With the stock market facing its most adverse conditions since the crash of 1987, Market Taker tak·er n. One that takes or takes up something, such as a wager or purchase: There were no takers on the bets. taker Noun Mentoring(TM) (http://markettaker.com) offers a vital educational service to do-it-yourself traders as well as seasoned professionals. "The current market is especially tough on novice self-directed traders. There has never been a more important time to have a solid understanding of options," says Passarelli. "In option trading a little bit of knowledge is a dangerous thing." Passarelli, author of Trading Option Greeks, has been in the option industry for more than 15 years. His career highlights include trading on the floors of both the Chicago Board Options Exchange Chicago Board Options Exchange (CBOE) A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index) (CBOE CBOE See: Chicago Board Options Exchange CBOE See Chicago Board Options Exchange (CBOE). ) and the Chicago Board of Trade Chicago Board of Trade (CBOT) The second largest futures exchange in the US, and a pioneer in the development of financial futures and options. . Subsequently, as an educator for CBOE and the Options Industry Council, he taught hundreds of thousands of retail traders and professional market makers the fundamentals and intricacies of option trading. Passarelli's new organization, Market Taker Mentoring(TM), takes a uniquely personal approach to mentoring. In the six-week course, students receive one-on-one time with Passarelli in a program tailored to their specific educational levels. "Some option mentoring companies make students go through a cookie-cutter program that wastes time on concepts they already know," says Passarelli. "Market Taker Mentoring(TM) goes right to the needs of individuals, helping them get up to speed at a pace appropriate for them." For more information and a free excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. from Trading Option Greeks, visit http://markettaker.com/FREE_Book_Excerpt_.html and inquire about introductory pricing. |
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