Dan Keegan and the Chicago School of Trading Options Update

Chicago-based options trading instructor and renowned expert, Dan Keegan is our guest to offer updates on financial markets. Dan is the options instructor and head options mentor at the Chicago School of Trading. Dan Keegan started out in the options business in 1978 and worked his way up in the Chicago tradition. Dan spent five years as a runner, phone clerk, and floor broker for A.G. Becker on the floor of the Chicago Board Options Exchange (CBOE). In 1984 Dan, with backing from legendary trader and adventurer Steve Fossett, began a more than twenty-year career as an independent market maker on the floor of the CBOE. Dan earned a Bachelor of Science degree in Economics from Marquette University College of Business Administration, Milwaukee Wisconsin. Website: thechicagoschooloftrading.com Topics covered on today’s show: 1) Premium level has been declining in the markets, what does that mean for traders? 2) How does it make it easier for people to backspread? 3) What are some 2012 outlooks for options? 4) What are you telling your students to do based on those predictions?