Harness the Power of the Nasdaq-100 Index Using Options Webinar Recordings
Recorded on Tuesday October 20th, 11 AM to 3 PM EST
Leverage the power of today’s technology innovators with the Nasdaq-100 Index using options to minimize risk. This educational event, helped attendees learn how to speculate with limited risk, generate income and hedge portfolios using the suite of Nasdaq-100 Index Options. Watch the panelist video replays below from our action packed afternoon of technical analysis, option strategies and panels to help you understand the best practices of trading index options on the Nasdaq-100.
Exchange Update
11:00 AM – 11:15 AM: by Tanya Patwa
Tanya Patwa, Managing Director, U.S. Options at Nasdaq, leads an introduction to the Nasdaq-100 Index and the products that you can trade to gain exposure to this leading index of the world’s largest technology innovators.
Options Basics & Strategies
11:15 AM – 12:00 PM: by Ed Modla
The options universe has its own special terms that are critical for investors to understand before they commit capital. Please join Edward J Modla of the Options Industry Council (OIC) who will lead off with Options Basics: Core Concepts and Strategies. For new option users, this will be the core and essential building blocks to your options journey. In this presentation, Ed will discuss the following: Options Pricing, Volatility, Time Decay and Strategy Examples
Minimize Risk with Vertical Option Spreads
12:00 PM – 12:45 PM: by Tony Zhang
Gain exposure to various directional outlooks on the market using vertical spreads with limited risk. In this session, Tony Zhang, Chief Strategist of OptionsPlay and CNBC Contributor will dissect debit vs. credit vertical spreads and the best practice for each strategy. Gain the confidence to know exactly the right market conditions for each vertical spread strategy and how you can access OptionsPlay’s Nasdaq-100 weekly trading report.
Technical Analysis of NDX
12:45 PM – 1:30 PM: by James Chen
Maximize the option strategies that you’ll learn with a session on Technical Analysis from James Chen, CMT and Head of Trading & Investing at Investopedia. Learn to leverage historical charts to gain a directional view during this session with chart examples and trading strategies for the Nasdaq-100 Index.
NDX Hedging Strategy
1:30 PM – 2:15 PM: by Todd Gordon
Institutional investors utilize strategies to protect their portfolio during downside corrections and volatility spikes. Learn how to enter, exit and manage a hedging strategy for your portfolio using the Nasdaq-100 Index options product suite. Todd Gordon, Founder & CEO of TradingAnalysis.com, shares best practices and common pitfalls of hedging strategies and protect your portfolio from the next market correction.
Panel Discussion: Liquidity, Order Entry, and Trading Best Practices
2:15 PM – 3:00 PM: Moderated by Jill Malandrino featuring Michael Khouw and Steve Sosnick
Join Jill Malandrino as we facilitate a discussion with Steve Sosnick and Michael Khouw to provide investors with a viewpoint from the market makers and institutional desks on trading Nasdaq-100 Index options. We brought together this panel to help investors better understand navigating liquidity, volatility and order entry questions from traders who have executed thousands of large institutional orders and their tips to help you gain an edge.
Meet the Speakers
Jill Malandrino
Host of TradeTalks
Jill Malandrino is a creator and host of Nasdaq TradeTalks. In one-on-one conversations with industry experts, Jill explores the ins-and-outs of the ever-evolving investing landscape, delving deep into the markets, trading strategies, decentralized finance, digital assets, and technology.
A veteran reporter with more than a decade of experience, Jill broadcasts TradeTalks live from Nasdaq MarketSite, her New Jersey home, and locations around the globe. She serves as moderator and host to marquee events worldwide, including the Singapore FinTech Festival, SALT, CES, Consensus, and Exchange ETFs.
Jill earned a Bachelor of Arts Degree in Journalism from the University of Massachusetts, Amherst, and a Master's Degree in Communications and Media Studies from Rutgers University.
Tony Zhang
Chief Strategist at OptionsPlay and CNBC’s Options Action Contributor
Tony Zhang is a specialist in the financial services industry with over a decade of experience spanning product development, research and market strategist roles across equities, foreign exchange and derivatives. As the current Head of Product Strategy for OptionsPlay, Tony leads the research and development of their OptionsPlay Ideas & Portfolio platform.
He has leveraged his interest in financial technology and product development to provide innovative, reimagined solutions to clients and the users they seek to serve. Previously he spent 7 years at FOREX.com with a capital markets and research background as a market strategist specializing in equity and FX derivatives markets.
Tanya Patwa
Managing Director, U.S. Options, Nasdaq
Tanya Patwa is a Managing Director for Nasdaq’s U.S. Options business. Tanya joined Nasdaq in 2016 to help build a dedicated U.S. Options sales team. She is responsible for building and maintaining the client base for Nasdaq’s six U.S. options exchanges, proprietary products, and order management system. Tanya covers a diverse range of clients including retail brokers, market makers, banks, proprietary trading firms, interdealer brokers, hedge funds, and asset managers. She has spent most of her career as a proprietary trader and was most recently at Spot Trading L.L.C. in Chicago, where she traded equity options focused on a volatility arbitrage strategy. Tanya graduated magna cum laude from Georgetown University’s McDonough School of Business with a Bachelor of Science in Business Administration in Finance and International Business. She is based in New York City.
Ed Modla
Director of Retail Education for The Options Industry Council (OIC)
Edward J. Modla is Director of Retail Education for The Options Industry Council (OIC). In this role, he oversees retail education programs which promote the responsible use of listed equity options. He represents OIC by creating and presenting educational events in both online and in-person formats, serving as a guest speaker on panels, hosting a monthly podcast with industry personnel, and working with the media. Also, he has a lead position in the production of options curricula, Web content, advertising, and the development of strategic business partnerships. Ed has over 20 years of experience in the financial industry beginning as an options market maker with Hull Trading Company before moving into the futures brokerage business with MF Global and, in 2014, joining the OIC team.
James Chen
Director, Trading & Investing Content at Investopedia
James Chen, CMT, is the director of trading & investing content at Investopedia and former head of research at Gain Capital (NYSE: GCAP). For two decades, he has been heavily involved in the financial markets as a trader, investor, registered investment adviser, and global market strategist. James is the author of the books "Essentials of Technical Analysis for Financial Markets" (John Wiley and Sons, 2010) and "Essentials of Foreign Exchange Trading" (John Wiley and Sons, 2009), as well as the author/speaker for the instructional video series "High Probability Trend Following." He has served as a guest expert for CNBC, Bloomberg TV, Forbes, and Reuters, among other key financial news media, and is a featured speaker at major trading/investing seminars and conferences. A graduate of Tufts University, James is a chartered market technician (CMT), certified financial technician (CFTe), and registered investment adviser (RIA), as well as a former commodity trading advisor (CTA). He has extensive market expertise in stocks, ETFs, options, commodities, fixed income, and currencies.
Todd Gordon
Founder & CEO of TradingAnalysis.com
Todd Gordon is the founder and CEO of TradingAnalysis.com, as well as a contracted on-air contributor to CNBC for the last 10 years. Todd has always loved the markets and began trading stocks while in college at St Lawrence University in upstate NY in between economics classes and downhill ski races and practices. After college Todd moved to San Diego California to start his first job as a professional trader. After 4 years on the west coast it was time to come home where we worked on Wall Street in NY as an analyst for a brokerage and as a trader for their asset management program. After successfully navigating the global financial crisis for his clients and building a sizable Twitter following, Todd left the corporate world to start his own trading and analysis business aptly named TradingAnalysis.com
Michael Khouw
President and Chief Strategist at Optimize Advisors, Co-authour of “The Options Edge”
Michael Khouw is a 20 year veteran of the financial services industry with broad experience as a strategist, analyst, portfolio manager and proprietary trader of equities, commodities and equity and index derivatives for both buy-side and sell-side firms. Mike is the co-author of "The Options Edge" (Wiley) a comprehensive guide to understanding the value of options, optionality, volatility and strategy for both retail and institutional investors that includes practical real-life examples of do's and don’ts for everyone from options novices to seasoned practitioners. He was previously a partner at Cantor Fitzgerald and a principal and managing director at CRT Capital. Mike also held senior trader positions at Bluefin Trading, LLC and Gateway Partners, LLC, both Proprietary Trading Firms based in New York, and as an analyst at Ivory Capital, a research-intensive, fundamental value-based investment firm headquartered in Los Angeles. In his current role as President and Chief Strategist of Optimize Advisors, Mike uses pioneering and proprietary artificial intelligence technology to advise hedge funds, banks, pensions, mutual funds, insurance companies, and family offices in the effective use of listed options for enhancing returns and managing risk. In addition, he shares his insights through articles and frequent speaking engagements at conferences and a broad array of topics including trading strategy, on market structure and regulation. Mike is a Former Member of the Philadelphia Stock Exchange, Nasdaq/OMX, NYSE-AMEX, and the New York Mercantile Exchange. Mike holds a B.A. from Tufts University.
Steve Sosnick
Chief Strategist at Interactive Brokers
Steve Sosnick is the Chief Strategist at Interactive Brokers. He also serves as Head Trader of Timber Hill, the firm’s trading division, and is a Member of Interactive Brokers Group, the firm’s holding company. Steve has held numerous roles in the organization since joining Timber Hill in 1995 as Equity Risk Manager and Options Market Maker. He led the firm into Canada in 1998 and managed Timber Hill Canada from its inception. Much of Steve’s career was spent quietly developing and implementing algorithmic and electronic trading strategies for stocks and options before moving into a more visible role as the firm’s Chief Options Strategist and later as Chief Strategist. Steve has guest-authored several columns in Barron’s and makes regular live appearances on Bloomberg TV and Radio, as well as Yahoo Finance. He has held board memberships at various stock exchanges, serving as a board member of CBSX, NSE and ISE-SE. In Canada, he is a member of the MX Regulatory User Group and the IIAC Derivatives Committee. Prior to joining Interactive Brokers, Steve held senior trading roles at Morgan Stanley, Lehman Brothers, and Salomon Brothers, where he completed the firm’s famed training program. He holds both an MBA in Finance and a BS in Economics from The Wharton School of the University of Pennsylvania.