Dan Nathan is the co-founder and editor of RiskReversal.com a website dedicated to helping equity traders/investors understand the alternative ways they can express their views in the equity markets. Our main goal is to detail the use of equity options to better define risk, enhance yield and make use of leverage in a cost effective way: Dan has spent the better part of the last 16 years as a proprietary equity & options trader at hedge funds (SAC, Exis & Cheyne Capital) and within the equity derivatives group of Merrill Lynch.
Since early 2009, Nathan has served as a broker to investment banks for large equity option block trades while also offering trade structure and fundamental trade ideas. Dan is a graduate of the University of Pennsylvania, originally from Syracuse he now lives in New York City with his wife and two daughters.
Follow Dan Nathan on Twitter @RiskReversal.
We know Apple's stock is at all time highs. We know they can't sell enough of the latest and greatest (yes.. it talks back to you) iPhone. But what you might not know, is that from a technical perspective, Apple's chart might not be looking too good heading into earnings.
“Sixteen of the Dow 30 get more than 25 percent of their revenues from Europe," says one trader. "Something has to give because if 2008 taught us anything, it is that developed economies do not de-couple.”
It is the second most frequently asked question from Options Action fans: Where can I get a recap of the strategies on the show? (For the record, "Does Melissa Lee really read all the emails?" is the most popular question, and I am happy to say the answer is yes). Well, you asked, and now we'll deliver. Here's your recap of Friday's trades.
Last Friday on Options Action, we did something we rarely do; we bought options instead of selling them. Our goal was simple, to try and give you new names and new strategies so you could get an edge on earnings. And while it remains to be seen whether we accomplished said goals, I thought a recap was in order nonetheless.
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Mike Khouw, Options Action trader, shares his view on News Corp stock on the heels of testimony from Rupert Murdoch before British Parliament.
Do you have a question for the Options Action team? Options Action selects a viewer's question and gives the answer on the show's Make The Call Web Extra video.