Jim Iuorio is managing director of TJM Institutional Services and a futures and options trader.
He graduated from the University of Illinois with a B.A. in economics in 1987 and has been working on the trading floor of the CME ever since.
The majority of his floor time has been spent brokering futures and options trades for large institutional clients. His focus in recommending trades to clients has consistently had a macro economic theme and, therefore, been centered around broad market indexes such as global interest rate futures and options, equity indexes, FX and commodity futures.
Iuorio is also an active trader of futures, equities and options. His trading strategy blends macro economics with technical strategies and attempts to take advantage of anomalies in options markets.
Follow Jim Iuorio on Twitter @jimiuorio.
While markets have sold off in recent days on mounting worry that Greece and other peripherals might default on their debt, options investors have shown unwavering faith in Germany, the stalwart nation that's been pulling much of the region's weight.
Intrepid options investors who usually relish beaten-down stocks are setting up for more volatility in Gap Inc. shares.
With the Federal Reserve soon to pull the plug on QE2, and data showing no fundamental reason for energy prices to maintain recent heights, the market has begun turning its back on risk trades and sent share, and barrel, prices lower over the past week.
A big trade Thursday in the SPDR S&P 500 ETF shows stock investors' nerves of steel are faltering.
Emerging markets had few friends this year. Fears that monetary tightening would sap growth had investors pulling billions out of E.M. equity funds in the first quarter.