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Steve's Latest Posts

Using Options to Trade Apple (AAPL) at a Possible Discount

Bearish Positions Accumulate in Yum! Brands (YUM)

Trading Toyota Motor (TM) in the Recall Aftermath

With Earnings Old News, Can McDonald’s (MCD) Move Higher?

Rolling J.C. Penney Options Ahead of Expiration

Trading Google Options Around Earnings

Differing Views of eBay Ahead of Earnings

Heavy Option Volume in Yahoo!

Trading Strategies in Freeport-McMoRan Copper & Gold (FCX)

Option Investors Still Bearish on Wells Fargo

more »

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Biography

Steve Claussen, Chief Investment Strategist. A 26-year trading career in the derivatives industry took Steve to multiple continents before landing him back in Chicago at OptionsHouse. Steve began his trading career in 1983 on the floor of the Chicago Board of Trade and progressed to the Chicago Board Options Exchange as Head Market Maker for O’Connor and Associates, LLC, becoming one of the largest market makers in the SPX and OEX option trading pits. Steve left the floor in 1990 to become Risk Manager for O’Connor, in charge of listed and OTC Index trading. Mr. Claussen spent five years overseas in Tokyo and London for Swiss Bank Corporation as Executive Director and head trader, focused on Asia Pacific derivative products. After returning to the U.S, Steve was Managing Director at Wachovia Securities, LLC, as Head of Derivatives Trading. In 2005, Steve arrived at PEAK6 Investments, L.P – a proprietary equity options trading firm that trades three percent of all listed equity options volume in the U.S. – and the parent company of OptionsHouse. A graduate of Valparaiso University, Steve joined OptionsHouse in 2008.

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