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Jon Najarian

Joe Najarian
Co-Founder, optionMONSTER.COM and tradeMONSTER.com

Jon "DRJ" Najarian was linebacker for the Chicago Bears before he turned to another kind of contact sport – trading on the Chicago Board Options Exchange. He became a member of the CBOE, NYSE, CME and CBOT and worked as a floor trader for some 25 years. Today, he is a professional investor, money manager, media analyst, and co-founder of optionMONSTER.com and tradeMONSTER.com.

Jon developed and patented trading applications and algorithms used to identify unusual activity in stock, options, and futures markets. optionMONSTER.com, an options news and education site, which Jon co-founded with his brother Pete, has been described by Securities Industry News as "content king of the options business".

tradeMONSTER.com has been rated "Best for Options Traders" by Barron's and was the first online broker to deploy streaming, desktop-like trading in a web browser.

The brothers also head Najarian Consulting, a company advising money management firms and co-authored the book, "How We Trade Options".

Jon's Twitter handle is @optionmonster


More

  • Options Traders Bet on 3 Casino Stocks Monday, 5 Jan 2009 | 2:45 PM ET

    Options trading is active in three major casino stocks that have all seen large double-digit gains in the last few days.

  • MarkWest Energy is up nearly 17 percent and has attracted the attention of options traders. Traders have been buying calls for the last week in natural gas company, which is near its highs of the session at $11.10 at midday. The January 10 calls are trading at $1.20.

  • The Biggest Options Trade: Financials Wednesday, 31 Dec 2008 | 4:16 PM ET

    Financial stocks have taken a beating in 2008 with one index down almost 60 percent, and one option trader is betting on more pain in the first quarter. The XLF Financial SPDR came into 2008 near $30 and dropped to a low of $8.67 last month before rallying...

Halftime Report

  • Discussing Yahoo's strategy and growth expectations ahead of earnings, wtih Eric Jackson, Ironfire Capital.

  • NBC's Luke Russert reports on flight delays and cancelations on the East Coast due to inclement weather. The FMHR crew trades the space.

  • The Fast Money traders provide a preview of the big names reporting results this coming week. Guidance is going to be key, says Stephanie Link. And Sarat Sethi, Douglas Lane, is looking for signs the consumer is coming back.