Michael Khouw is a 20 year veteran of the financial services industry with broad experience as a strategist, analyst, portfolio manager and proprietary trader of equities, commodities and equity and index derivatives for both buy-side and sell-side firms.
Mike is the co-author of"The Options Edge" (Wiley) a comprehensive guide to understanding the value of options, optionality, volatility and strategy for both retail and institutional investors that includes practical real-life examples of do's and don'ts for everyone from options novices to seasoned practitioners.
Mike was previously a partner at Cantor Fitzgerald and a principal and managing director at CRT Capital. Mike also held senior trader positions at Bluefin Trading, LLC and Gateway Partners, LLC, both Proprietary Trading Firms based in New York, and as an analyst at Ivory Capital, a research-intensive, fundamental value-based investment firm headquartered in Los Angeles.
In his current role as President and Chief Strategist of Optimize Advisors, Mike uses pioneering and proprietary artificial intelligence technology to advise hedge funds, banks, pensions, mutual funds, insurance companies, and family offices in the effective use of listed options for enhancing returns and managing risk.
In addition, Mike shares his insights through articles and frequent speaking engagements at conferences and a broad array of topics including trading strategy, on market structure and regulation.
Mikeis a Former Member of the Philadelphia Stock Exchange, Nasdaq/OMX, NYSE-AMEX,and the New York Mercantile Exchange. Mike holds a B.A. from Tufts University.
Shares of this beaten industrial are already up 20 percent from last week's 52-week low, but one trader is betting on a bigger rally in the next month.
One trader is betting more than $5 million that the U.S. oil fund is going back to its all-time lows.
Mike Khouw outlines a bearish bet in the options market by which one trader spent $2 million that Gap would fall near a 52-week low in a month.
Recent market turmoil has sent the VIX soaring above 30. But if history is any indication, a high reading would mean no rate hike.
In Monday morning's market plunge, volatility hit levels not seen since the financial crisis. Here's what's behind the surge.