Skip Raschke has been with Options Profits since its inception in 2010. He is a graduate of Gonzaga University (B.A. Sociology). Prior to his Wall Street career in 1971, he was drafted by the New York Yankees as a pitcher. His professional record was 16 wins, 6 losses with a 3.30 E.R.A. and a no-hitter to his credit. In addition Skip served in the USMCR for 6 years. After a career-ending elbow injury Skip began his career on Wall Street in 1975 as a registered stock/options broker with Paine Webber. In 1982 he bought a seat on the Philadelphia Stock Exchange where for 10 years he was a registered options trader (a trading pit market maker). He later served as a registered Commodity Trading Advisor (C.T.A.), brokering a hedge fund. In addition he was a proprietary stock/options trader for Van Der Moolen.
Recent Articles By The Author
Intermediate Trade: DBA ETF
Best to think of DBA as a compilation of the agricultural products that we eat and drink.
Novice Trade: JNK High-Yield Bond ETF
A bearishly biased out-of-the-money long put 'shooter' expiring in January.
Novice Trade: DXD UltraShort Dow ETF
DXD offers traders a way to short the Dow 30 while controlling risk.
Intermediate Trade: MCD
Not the balance sheet a company wants to have in a rising interest rate environment.
Novice Trade: Goodyear Tire & Rubber
A GT bullishly biased vertical call spread expiring in October.