At Options Pros our goal is to trade options only when we get a theoretical or statistical advantage or “edge”. Getting an “edge” simply means buying under priced options and selling overpriced options. Or buying under priced option spreads and selling overpriced option spreads.

We also incorporate other methods such as market sentiment, market timing, contrarian views and an understanding of the true economic outlook. However, understanding the various pricing models (Black Scholes model, Cox, Ross, Rubenstein binomial model, etc.) and their flaws is our most valuable asset and expertise. Through our understanding of the pricing models and their errors and the use of our proprietary model, we believe we have a unique advantage in the options arena. The secret to successful options trading is knowing what an option is really worth.

Another unique advantage about Options Pros is the fact that our traders and decision makers are among the world’s foremost options experts. Our traders were all highly successful market maker members (floor traders) trading their own accounts on either the CBOE, Pacific Stock Exchange options floor or both. Their livelihood depended on being right about the value of an option, an option spread, how to put on option positions, and how to manage those positions efficiently. The Options Pros traders and decision makers not only traded as market makers but are actively trading online today. The Meet the Pros page features Ray Wollney, who is the owner and main trader for Options Pros.

For about the price of the commission on a two lot each day subscribers will see the trades that Options Pros likes. Subscribers will also have the advantage of learning the “ins” and “outs” of the options trading world from the most knowledgeable and experienced players around. Trades that meet our criteria will be posted on the site and emailed to subscribers immediately. Some days there will be several trades. Some days there won’t be any. We look for quality and not quantity and that means getting the “edge”.

Please look at the drop down menu under the About Us heading for more details.