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

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 JP Morgan.

A Bull Call Spread in GMCR

A Bull Call Spread in GMCR

Dan Passarelli says Green Mountain Coffee Roasters Inc. (GMCR) dipped down a bit to $70 per share and then pivoted higher, a potentially bullish sign. Dan is looking at a bull call spread in GMCR.

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 Goldman Sachs.

A Long Call Play in Broadcom

A Long Call Play in Broadcom

Dan Passarelli says Broadcom Corp. recently broke out of its six-month channel and is above its resistance level. Dan is looking at buying the June 36 calls in BRCM.

Perfect Storm for GS Put Credit Spread

Perfect Storm for GS Put Credit Spread

Dan Passarelli says Goldman Sachs has declined to $140 per share, a key support level, and the implied volatility of its options is expensive. Dan is looking at a put credit spread.

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 Monsanto

Call Buy in Baxter

Call Buy in Baxter

Dan Passarelli says Baxter International's stock has been trending higher since June. A recent buy signal was triggered at current support, and its implied volatility is low. Dan is looking at buying the May 70 calls outright in BAX.

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 stock name.

Breakout Trade in Groupon

Breakout Trade in Groupon

Dan Passarelli says Groupon has had a two-bar close above its 200-day moving average, and it has closed above its resistance level. Dan likes a breakout trade in GRPN.

Long Call in Virgin Media

Long Call in Virgin Media

Dan Passarelli says Virgin Media stock has been on a tear, and he believes it will continue. He discusses buying at-the-money or slightly out-of-the-money calls in VMED.