Analyze how options can be used to target a range of investment objectives.

Speaker: Kevin Davitt, The Options Institute

Examine option pricing components to see how option prices change as market conditions change.

Speaker: Peter Lusk, The Options Institute

Discover what options are and how they work. This session continues to review option terminology and key option trading concepts.

Speaker: Roma Colwell-Steinke, The Options Institute

We'll take a closer look at delta and volatility to see how strategy values fluctuate as market conditions change.

Speaker: Peter Lusk, The Options Institute

Consider how long-term options may be incorporated into your sound investment plan.

Speaker: Russell Rhoads, The Options Institute

Explore the importance of price behavior when choosing a strategy.

Speaker: Roma Colwell-Steinke, The Options Institute

Short dated options or Weekly’s® have become an increasing segment of daily option volume. Learn just how traders are using short dated options in a variety of circumstances.

Speaker: Kevin Davitt, The Options Institute

The importance of monitoring options positions and making tactical trade decisions when market conditions change are discussed.

Speaker: Russell Rhoads, The Options Institute

Senior Instructor
The Options Institute at CBOE

Kevin Davitt is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company. Davitt joined CBOE in 2015. Prior to his work with The Options Institute, Davitt was a successful Market Maker on the floor of the CBOE for LETCO Trading/TD Options as well as Market Street Securities. Davitt traded a number of Russell Indices between 2003 and 2007. Kevin also has extensive experience in commodity trading. He has worked with retail and institutional clientele in the markets. Davitt has provided commentary for Bloomberg, Reuters, Barchart, Inside Futures and various other market based media. He is a graduate of Marquette University (Finance and Political Science). Kevin is a proud Evans Scholar Alum. Outside of work he enjoys time with his wife, young son, and dog. Kevin likes to read, run, and see live music.

Senior Instructor
The Options Institute at CBOE

Peter Lusk is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company. Lusk, who joined CBOE in 2007, teaches a variety of options courses for public and institutional investors. Lusk has presented to thousands of investors across the U.S. and has conducted hundreds of webinars for both The Options Institute and various CBOE member firms. He is a regular contributor of options education articles to financial publications, has appeared on CNBC, and can be seen on his CBOE TV show, Strategy of the Week. In addition to his responsibilities at The Options Institute, Lusk serves as an Instructor for the Options Industry Council (OIC) – an educational organization representing the entire U.S. options industry. He also remains an active, professional options trader, which allows him to share his trading experiences with his classes. Prior to joining The Options Institute, Lusk was a highly successful Market Maker on the floor of the CBOE, specializing in equity options trading. In 1993, he joined Steve Fossett’s group -- Lakota Trading in Chicago – where he served as a Market Maker on the floor of the CBOE and had the additional responsibility of educating and training the firm’s new Market Makers.

Peter Lusk
Senior Instructor
The Options Institute

Peter Lusk is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Lusk, who joined CBOE in 2007, teaches a variety of options courses for public and institutional investors.

Lusk has presented to thousands of investors across the U.S. and has conducted hundreds of webinars for both The Options Institute and various CBOE member firms. He is a regular contributor of options education articles to financial publications, has appeared on CNBC, and can be seen on his CBOE TV show, Strategy of the Week.

In addition to his responsibilities at The Options Institute, Lusk serves as an Instructor for the Options Industry Council (OIC), an educational organization representing the entire U.S. options industry. He also remains an active, professional options trader, which allows him to share his trading experiences with his classes.

Prior to joining The Options Institute, Lusk was a highly successful Market Maker on the floor of the CBOE, specializing in equity options trading. In 1993, he joined Steve Fossett's group -- Lakota Trading in Chicago, where he served as a Market Maker on the floor of the CBOE and had the additional responsibility of educating and training the firm's new Market Makers.

Roma Colwell-Steinke
Senior Administrator of Educational Programs
The Options Institute

Roma Colwell-Steinke is a Senior Administrator for The Options Institute at CBOE, the educational arm of the Company.

Colwell-Steinke who joined CBOE in 2013, produces and teaches educational programs for public and institutional investors. She has presented to investors across the U.S. and has also conducted educational webinars for both The Options Institute and various CBOE member firms.

In addition to her responsibilities at The Options Institute, Colwell-Steinke serves as an Instructor for the Options Industry Council (OIC), an educational organization representing the entire U.S. options industry.

Prior to joining The Options Institute she was a Designated Primary Market Maker on the trading floor of CBOE. She was also an educator at Group One LP, teaching new traders the art of market making.

Peter Lusk
Senior Instructor
The Options Institute

Peter Lusk is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Lusk, who joined CBOE in 2007, teaches a variety of options courses for public and institutional investors.

Lusk has presented to thousands of investors across the U.S. and has conducted hundreds of webinars for both The Options Institute and various CBOE member firms. He is a regular contributor of options education articles to financial publications, has appeared on CNBC, and can be seen on his CBOE TV show, Strategy of the Week.

In addition to his responsibilities at The Options Institute, Lusk serves as an Instructor for the Options Industry Council (OIC) – an educational organization representing the entire U.S. options industry. He also remains an active, professional options trader, which allows him to share his trading experiences with his classes. 

Prior to joining The Options Institute, Lusk was a highly successful Market Maker on the floor of the CBOE, specializing in equity options trading.  In 1993, he joined Steve Fossett’s group -- Lakota Trading in Chicago – where he served as a Market Maker on the floor of the CBOE and had the additional responsibility of educating and training the firm's new Market Makers. 


Russell Rhoads, CFA
Director of Program Development
The Options Institute

Russell Rhoads, CFA, is a Director of Program Development with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting for Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and also wrote Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003. He is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017. Finally, Russell is a lifetime member of the Minor League Baseball Alumni Association.

Peter Lusk, Russell Rhoads & Roma Colwell-Steinke

Peter Lusk
Senior Instructor
The Options Institute

Peter Lusk is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Lusk, who joined CBOE in 2007, teaches a variety of options courses for public and institutional investors.

Lusk has presented to thousands of investors across the U.S. and has conducted hundreds of webinars for both The Options Institute and various CBOE member firms. He is a regular contributor of options education articles to financial publications, has appeared on CNBC, and can be seen on his CBOE TV show, Strategy of the Week.

In addition to his responsibilities at The Options Institute, Lusk serves as an Instructor for the Options Industry Council (OIC), an educational organization representing the entire U.S. options industry. He also remains an active, professional options trader, which allows him to share his trading experiences with his classes.

Prior to joining The Options Institute, Lusk was a highly successful Market Maker on the floor of the CBOE, specializing in equity options trading. In 1993, he joined Steve Fossett's group -- Lakota Trading in Chicago, where he served as a Market Maker on the floor of the CBOE and had the additional responsibility of educating and training the firm's new Market Makers.


Russell Rhoads, CFA
Director of Program Development
The Options Institute

Russell Rhoads, CFA, is a Director of Program Development with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting for Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and also wrote Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003. He is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017. Finally, Russell is a lifetime member of the Minor League Baseball Alumni Association.


Roma Colwell-Steinke
Senior Administrator of Educational Programs
The Options Institute

Roma Colwell-Steinke is a Senior Administrator for The Options Institute at CBOE, the educational arm of the Company.

Colwell-Steinke who joined CBOE in 2013, produces and teaches educational programs for public and institutional investors. She has presented to investors across the U.S. and has also conducted educational webinars for both The Options Institute and various CBOE member firms.

In addition to her responsibilities at The Options Institute, Colwell-Steinke serves as an Instructor for the Options Industry Council (OIC) – an educational organization representing the entire U.S. options industry.

Prior to joining The Options Institute she was a Designated Primary Market Maker on the trading floor of CBOE. She was also an educator at Group One LP, teaching new traders the art of market making.

Senior Administrator
The Options Institute at CBOE

Roma Colwell-Steinke is a Senior Administrator for The Options Institute at CBOE, the educational arm of the Company. Colwell-Steinke who joined CBOE in 2013, produces and teaches educational programs for public and institutional investors. She has presented to investors across the U.S. and has also conducted educational webinars for both The Options Institute and various CBOE member firms. In addition to her responsibilities at The Options Institute, Colwell-Steinke serves as an Instructor for the Options Industry Council (OIC) – an educational organization representing the entire U.S. options industry. Prior to joining The Options Institute she was a Designated Primary Market Maker on the trading floor of CBOE. She was also an educator at Group One LP, teaching new traders the art of market making.

Director of Program Development
The Options Institute at CBOE

Russell Rhoads, CFA, is a Director of Program Development with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting for Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and also wrote Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003. He is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017. Finally, Russell is a lifetime member of the Minor League Baseball Alumni Association.

Russell Rhoads, CFA
Director of Program Development
The Options Institute

Russell Rhoads, CFA, is a Director of Program Development with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting for Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and also wrote Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003. He is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017. Finally, Russell is a lifetime member of the Minor League Baseball Alumni Association.


Kevin Davitt
Senior Instructor
The Options Institute

Kevin Davitt is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Davitt joined CBOE in 2015. Prior to his work with The Options Institute, Davitt was a successful Market Maker on the floor of the CBOE for LETCO Trading/TD Options as well as Market Street Securities.

Davitt traded a number of Russell Indices between 2003 and 2007. Kevin also has extensive experience in commodity trading. He has worked with retail and institutional clientele in the markets.

Davitt has provided commentary for Bloomberg, Reuters, Barchart, Inside Futures and various other market based media. He is a graduate of Marquette University (Finance and Political Science). Kevin is a proud Evans Scholar Alum. Outside of work he enjoys time with his wife, young son, and dog. Kevin likes to read, run, and see live music.

Russell Rhoads, CFA
Director of Program Development
The Options Institute

Russell Rhoads, CFA, is a Director of Program Development with the Options Institute at the Chicago Board Options Exchange. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, and Millennium Management. He is a financial author and editor having contributed to multiple magazines and edited several books for Wiley publishing. In 2008 he wrote Candlestick Charting for Dummies. Since joining the Options Institute he authored Option Spread Trading: A Comprehensive Guide to Strategies and Tactics which was released in January 2011 and also wrote Trading VIX Derivatives: Trading and Hedging Strategies Using VIX Futures, Options, and Exchange Traded Notes which was published in August 2011. He recently finished work on The Warren Buffett Way 3rd Edition Workbook and Trading Weekly Options: Pricing Characteristics and Short Term-Trading Strategies. In addition to his duties for the CBOE, he is an adjunct instructor at Benedictine University and acts as an instructor for the Options Industry Council. He is a double graduate of the University of Memphis with a BBA ('92) and an MS ('94) in Finance and also received a Master's Certificate in Financial Engineering from the Illinois Institute of Technology in 2003. He is currently pursuing a PhD from Oklahoma State University with an expected graduation date of December 2017. Finally, Russell is a lifetime member of the Minor League Baseball Alumni Association.


Peter Lusk
Senior Instructor
The Options Institute

Peter Lusk is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Lusk, who joined CBOE in 2007, teaches a variety of options courses for public and institutional investors.

Lusk has presented to thousands of investors across the U.S. and has conducted hundreds of webinars for both The Options Institute and various CBOE member firms. He is a regular contributor of options education articles to financial publications, has appeared on CNBC, and can be seen on his CBOE TV show, Strategy of the Week.

In addition to his responsibilities at The Options Institute, Lusk serves as an Instructor for the Options Industry Council (OIC), an educational organization representing the entire U.S. options industry. He also remains an active, professional options trader, which allows him to share his trading experiences with his classes.

Prior to joining The Options Institute, Lusk was a highly successful Market Maker on the floor of the CBOE, specializing in equity options trading.  In 1993, he joined Steve Fossett's group -- Lakota Trading in Chicago, where he served as a Market Maker on the floor of the CBOE and had the additional responsibility of educating and training the firm's new Market Makers.


Kevin Davitt
Senior Instructor
The Options Institute

Kevin Davitt is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company.

Davitt joined CBOE in 2015. Prior to his work with The Options Institute, Davitt was a successful Market Maker on the floor of the CBOE for LETCO Trading/TD Options as well as Market Street Securities.

Davitt traded a number of Russell Indices between 2003 and 2007. Kevin also has extensive experience in commodity trading. He has worked with retail and institutional clientele in the markets.

Davitt has provided commentary for Bloomberg, Reuters, Barchart, Inside Futures and various other market based media. He is a graduate of Marquette University (Finance and Political Science). Kevin is a proud Evans Scholar Alum. Outside of work he enjoys time with his wife, young son, and dog. Kevin likes to read, run, and see live music.


Roma Colwell-Steinke
Senior Administrator of Educational Programs
The Options Institute

Roma Colwell-Steinke is a Senior Administrator for The Options Institute at CBOE, the educational arm of the Company.

Colwell-Steinke who joined CBOE in 2013, produces and teaches educational programs for public and institutional investors. She has presented to investors across the U.S. and has also conducted educational webinars for both The Options Institute and various CBOE member firms.

In addition to her responsibilities at The Options Institute, Colwell-Steinke serves as an Instructor for the Options Industry Council (OIC), an educational organization representing the entire U.S. options industry.

Prior to joining The Options Institute she was a Designated Primary Market Maker on the trading floor of CBOE. She was also an educator at Group One LP, teaching new traders the art of market making.