Skip Raschke

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

Novice Trade: PulteGroup

Novice Trade: PulteGroup

Consider this bullishly biased, in-the-money, long shooter call expiring in July.

Intermediate Trade: Corning

Intermediate Trade: Corning

This stock is less than one point from breaking out.

Intermediate Trade: Copper ETF

Intermediate Trade: Copper ETF

A JJC bullishly biased, at-the-money vertical call spread expiring in September.

Novice Trade: DXD

Novice Trade: DXD

This is a bearish play on the Dow. Use highly discretionary capital.

Intermediate Trade: Grains ETN

Intermediate Trade: Grains ETN

A JJG near-the-money vertical call spread expiring in October.