Chief Analyst, Cabot Options Trader
Jacob Mintz is Chief Analyst of Cabot Options Trader.Jacob is a professional options trader. Using his proprietary options scans, he creates and manages positions in equity options based on risk/reward and volatility expectations.
Jacob developed his proprietary risk management system during his years as an options market maker at a top tier options trading company in Chicago. Trained by two legends from the floor of the Chicago Board of Options Exchange (CBOE), Jacob was the youngest member of his company to ever become an options market maker at the age of 22. He independently made markets for institutional and customer option orders in hundreds of stocks such as Bank of America, Google, UPS and Apple on the floor of the CBOE, the largest options exchange in the world.
Jacob developed concentrated sector trading and risk management policies, and successfully navigated his trading team through the heart of the 2008-2009 financial crisis. Jacob's day-to-day role was the simultaneous market making of over 250 stocks in open outcry and electronic forms. In 2010, Jacob and his team took their operation off the floor, where he ran a proprietary trading desk often competing against some of the largest hedge funds in the world.
Jacob traded through such events as the Internet Boom and Bust, September 11, the Flash Crash, the Subprime Crisis and Eurozone Crisis, and trained dozens of new traders who have gone on to become successful traders themselves.
Jacob Mintz can be found on Google Plus.