Pete Najarian, the "Pit Boss," was ranked one of the top 100 traders by "Trader Monthly" magazine.
Together with his brother, Jon "Dr. J" Najarian, he is a founding member of Investitute.com, a financial education and newsletter services company, as well as best-selling author of both "How We Trade Options" and "The 22 Rules of Investing."
Najarian invests in and works with start-ups via Rebellion Partners, where he is a founding member.
Following a football career that included several seasons with the NFL's Tampa Bay Buccaneers and Minnesota Vikings, Najarian took up options trading in 1992 joining his brother, Jon "Dr. J" Najarian, at Mercury Trading, a market-making firm at the Chicago Board Options Exchange (CBOE). Two years later, he assumed responsibility for Mercury's risk and arbitrage departments and later led its entry onto the New York Stock Exchange (NYSE).
Najarian is a founding member of One Chicago, an electronic exchange committed to becoming the global leader in futures on individual stocks, narrow-based indexes, and ETFs. He is also the Co-Founder of Hedgehog, a stock, options, and futures trading platform and together with brother Jon, co-developed the Heat Seeker™ and complementary programs identifying unusual buying activity in stocks, options, and futures.
In 2005, Najarian co-founded, together with his brother Jon, optionMONSTER, an options news and education firm, and tradeMONSTER, a leading online brokerage firm, that for years 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.
Najarian graduated with a BA from the University of Minnesota.
What does Pete Najarian do when he's not investing? Here's a look in our Halftime Report "Trade Off."
Follow Pete on Twitter: @petenajarian
Disclosures as of 6/20/18:
Long calls: Advanced Micro Devices, AIG, Apple, ArcelorMittal, American Express, Bank of America, Belmond, Cigna, Coty, Credit Suisse, Exxon Mobil, Financial Sector SPDR, First Data, General Motors, Intel, iShares Silver Trust, Kraft Heinz, KKR &Co, Momo, Marathon Oil, S&P Homebuilders ETF, S&P Oil & Gas Explore & Prod. ETF, S&P 500 Trust ETF, SuperValu, Transocean,VanEck Vectors Oil, Twitter, Wynn Resorts.
Long stock: Activision Blizzard, Ameriprise Financial, Apple, Bank of America, Buckle, Celgene, Chevron, Citi, Coca-Cola, Constellation Brands, DaVita, Disney, Exxon Mobil, General Motors, H.B. Fuller, Hilton Worldwide, IBM, Juniper Networks, Kinder Morgan, Lowe's, Merck, Micron, Microsoft, Nike, Pepsi, Pfizer, Polaris Industries,Target, Starbucks, UPS, Wells Fargo, Wynn Resorts.
Long puts: General Electric.
"Halftime Report" trader Pete Najarian highlights unusual options activity in Starbucks and JD.com.
Facebook shares are now near their all-time high after rallying from their 2018 lows in late March and "Halftime Report" trader Pete Najarian has decided to take profits.
Trader Pete Najarian used Target's pullback following earnings to increase his position in the stock.
Halftime Report trader Pete Najarian spots bullish options in Microsoft and downside activity in the Industrials.
Traders Jon Najarian and Pete Najarian see heavy options activity in Anadarko Petroleum and Marvell Technology.
"Fast Money Halftime Report" trader Pete Najarian discusses how to approach the financial sector as interest rates are on the rise.
The “Fast Money Halftime Report” traders discuss the tax plan and the impact it will have on the future of the stock market and the yield curve.
Traders make big bets on three key stocks ahead of earnings next week.
The Halftime Report traders debate Argus Research's upgrade of Twitter and whether now is an opportunity to buy the stock.