Listed options began trading in America in 1973 when the Chicago Board Options Exchange (CBOE) rang its opening bell. Bernie Schaeffer launched The Option Advisor ® in 1981, as the equity options market started to truly accelerate and grow at an exponential rate. Bernie recognized the opportunity immediately to join this exciting industry and to provide individual investors with assistance in navigating this new, fast-paced derivative market with the help of a successful trading professional like himself.
Bernie and his team of expert traders are highly regarded by major media outlets for a unique and well-known approach to the market. They have regular media appearances on CNBC, Fox Business, Bloomberg, and PBS’ Nightly Business Report. They are also frequently quoted by The Wall Street Journal, Barron’s, Associated Press, Thomson Reuters, and Yahoo! Finance.
As the year draws to a close, Forbes took the opportunity to poll its guru investor team, asking each advisor for a stock pick or two that they think is worth holding in 2011. Here are some of their answers.
Stocks tumbled after several economic reports confirmed the economy has weakened, leading some analysts to expect further bad news in Friday's key jobs report.