147: Interview w/ Former CBOE Options Market Maker David Lincoln

Show notes: http://optionalpha.com/show147

Did you ever wonder what an options market maker is thinking or how they see the markets and regular traders like us? After all, these guys are the ones that are making markets in different securities each week. So, I invited one on the podcast to ask him questions and learn more about the “other side” of the business we rarely see. On today show, I have the opportunity to interview former CBOE options market maker and volatility trader David Lincoln. During our time together we discussed everything from how he went from making $100,000 in a day to losing $300,000 in one session to the lessons retail traders like us can learn from the his decades of trading experience. We also dove deep into volatility trading and pricing structures for VXX and UVXY and the strategies you can use to profit following a rise in market volatility. This is an episode you won’t want to miss!