This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Option Pit Adds a Chief Options Strategist

CHICAGO -- Option Pit, an options strategy and education company in Chicago, is responding to demand from its trading community and has hired has hired Andrew Giovinazzi as chief options strategist for the company. Giovinazzi brings decades of trading experience to Option Pit, which was founded by Options Profits contributor Mark Sebastian.

Giovinazzi has traded both equity and index options over the course of a 15-year career, during which he has never had a down year. He started and ran the Designated Primary Market Maker post for Group One on the floor of the CBOE. It became one of the highest grossing posts for the company in 1992 and 1993. Giovinazzi was also instrumental in creating an option training program for Group One. He also co-founded Henry Capital Management in 2001. Since 2006, he has been trading options, advising others on options trading techniques and investment strategies, and improving financial services technology in the options arena.

"One of the toughest things to explain and teach someone about options is to convey how a trade will perform as it was designed. The only way to really learn that is experience. I have pretty extensive history doing that -- 15 years," said Giovinazzi.

Option Pit customers seeking real trading experience in an educational format can look to Giovinazzi to fulfill that need.

"I think sharing my experience will help our clients make their own trading decisions -- grounded in trade structure, risk management and efficient use of capital -- will strengthen this franchise as we continue to grow," said Giovinazzi. Andrew Giovinazzi has been quoted on Yahoo! Finance and Google Finance, and he is a contributor to several financial media outlets, including and The Houston Business Journal. Contact Andrew Giovinazzi at

>Click here for a free trial to Options Profits.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters