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: Swiss ETF FXF
Note that the Swiss Franc correlates well with the movement of the price of gold.
Novice Trade: ProShares UltraShort QQQ
Consider this QID bullishly biased, long call 'shooter' expiring in May.
Novice Trade: Financial Sector ETF
The financial sector has a long history of doing better earnings-wise as interest rates rise.
Intermediate Trade: Oracle
Consider this ORCL vertical call spread as the company gets set to report earnings tonight.