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.
Could we make it four for four? So far, so good. Last week, we scored a rather profitable exacta, suggesting bullish options trades to profit from Cisco and Priceline earnings. And this week, we appear to be setting up pretty nicely for another batch of winners.
A couple weeks back, Dan Nathan of CNBC's Options Action and of RiskReversal.com suggested a bearish bet on Casino giant Wynn Reports. This trade did not come lightly to him.
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.
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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.