Dan Passarelli

Dan Passarelli is an author, trader and former member of the Chicago Board Options Exchange (CBOE) and CME Group. Dan has written two books on options trading: Trading Option Greeks and The Market Taker's Edge. He is also the founder and CEO of Market Taker Mentoring, a leading options education firm that provides personalized, one-on-one mentoring for option traders and online classes. Passarelli began his trading career on the floor of the CBOE as an equity options market maker. He also traded agricultural options and futures on the floor of the Chicago Board of Trade (now part of CME Group). In 2005 Dan joined CBOE's Options Institute and began teaching both basic and advanced trading concepts to retail traders, brokers, institutional traders, financial planners and advisers, money managers and market makers. In addition to his work with the CBOE, he has taught options strategies at the Options Industry Council, the International Securities Exchange, CME Group, the Philadelphia Stock Exchange and many leading options-based brokerage firms.

Recent Articles By The Author

Cisco Systems: Still a Lot of Room to the Upside

Cisco Systems: Still a Lot of Room to the Upside

From the floor of the CME Group, Dan Passarelli of Market Taker Mentoring reviews a trade in Cisco for Traders Exclusive.

Trader: Humana Will Stay Flat or Move Higher

Trader: Humana Will Stay Flat or Move Higher

While shares of Humana are relatively flat in a flat tape, Dan Passarelli of MarketTaker.com identifies a setup based solely on technical levels.

US Steel

US Steel

Dan Passarelli talks about a trade in US Steel (X). This stock has been in somewhat of a range and a time spread is an excellent play.

Down Trend Travelers

Down Trend Travelers

Dan Passarelli talks about a trade in Travelers (TRV). Travelers has been in a down trend since the beginning of the year.

Are You Linked In?

Are You Linked In?

Dan Passarelli talks about LinkedIn. LinkedIn has fallen a little bit, but it has some support.

It's a Goldmine!

It's a Goldmine!

Dan Passarelli talks about Goldman Sachs (GS). Goldman announced that they had some pretty bad revenues, but slashed costs to make up for some of those revenues.

CBOE Special Feature

CBOE Special Feature

Each Wednesday, Dan Passarelli of Market Taker Mentoring and the CBOE team up to bring trading ideas exclusively to Options Profits. This week, he reviews a strategy in Vertical Spreads.

CBOE Special Feature

CBOE Special Feature

Each Wednesday, Dan Passarelli of Market Taker Mentoring and the CBOE team up to bring trading ideas exclusively to Options Profits. This week, he reviews a strategy in middling markets.

CBOE Special Feature

CBOE Special Feature

Each Wednesday, Dan Passarelli of Market Taker Mentoring and the CBOE team up to bring trading ideas exclusively to Options Profits. This week, he reviews a strategy in GMCI.

Caterpillar, Butterfly

Caterpillar, Butterfly

Dan Passarelli takes a look at Caterpillar (CAT) and making adjustments. The secret weapon for this trade is implied volatility.