Steve Claussen
Steve Claussen is the Chief Investment Strategist at OptionsHouse.
A 25-year trading career in the derivatives industry took Steve to multiple continents before landing him back in Chicago at OptionsHouse in 2008.
Steve began his trading career in 1983 on the floor of the Chicago Board of Trade, and progressed to the Chicago Board Options Exchange as head market maker for O'Connor & Associates, LLC, becoming one of the largest market makers in the SPX and OEX option trading pits.
Steve left the floor in 1990 to become risk manager for O'Connor, where he was in charge of listed and OTC Index trading. He spent five years overseas in Tokyo and London for Swiss Bank Corporation as executive director and head trader, focused on Asia Pacific derivative products.After returning to the United States, Steve was managing director at Wachovia Securities, as head of derivatives trading.
In 2005, Steve arrived at PEAK6 Investments -- a proprietary equity options trading firm that trades 3% of all listed equity options volume in the United States -- and the parent company of OptionsHouse.
Steve is a graduate of Valparaiso University.More By This Expert
Make Great Expiration Day Trades
The third Friday of every month holds plenty of opportunity for savvy options traders.
Spread Trading: The Versatile Vertical Spread
Learn how to construct bullish and bearish vertical spreads to reduce trading costs and lower your breakeven point.
A Graph is Worth a Thousand Words
Learn how six simple charts can help you build a solid foundation when trading options.
Straddles: When You're Not Sure
These spreads can help option traders get in the game even when they don't have a clue about which direction the market is heading next.
Take this quiz to discover if you can separate the truth from fiction about the options trading market.
MOST POPULAR
- What's Hot: DELL, DHI November 20, 2009
- Sidewinder: MCD, DKS, JPM November 20, 2009
- Options News: SII November 20, 2009
- Sidewinder: CY, ADSK, KG November 19, 2009
- Options for Dummies November 19, 2009



