040: Bryan Wiener Reflects on His Years as a Pit Trader, and Takes Us to School on the Subject of Options

Published: Oct. 1, 2015, 10:16 a.m.

b'This week I\\u2019m joined by Bryan Wiener, to put it simply, he\\u2019s a man crazy about options. So options guys, this should be right up your alley. I have to admit there were a few moments where my lack of knowledge of options is probably quite obvious \\u2013 but Bryan delivered well and truly.\\nSo a little background on Bryan\\u2026\\nHe\\u2019s been actively trading for just over 15 years \\u2013 and what\\u2019s particularly interesting about Bryan is how he\\u2019s been involved with markets from a number of various angles. And what I mean by that is\\u2026\\nHe originally started out as a market maker on the floor of the CME (and by the way, has some great stories which he shares during the interview). From there he later joined Haim Bodek for the rise and fall of Trade Machines, which was essentially a black-box startup which was ruined due to HFT manipulative orders.\\nAnd now days he\\u2019s the quantitative options specialist on the Sang Lucci team, as well as an independent trader.\\nDuring the interview we of course go right into Bryan\\u2019s journey of how he got to where he is now. As well as plenty of discussion about options markets, including; how options have evolved, the various types of options traders and where their edge exists, and a few things aspiring options traders need to be aware of.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'