Jason Bond Picks Complaints | Is it Legit? Data-driven trade strategy guidance tailored for any risk tolerance, market sentiment, timeframe, or capital requirement. Jessica Inskip, Director of Education and Product. These daily options ideas are based on bearish or bullish ideas and are emailed at 6 AM EST every market day. Although there are some features that advanced traders can make use of, most of the tools here are too basic for them. Specifically, Zhang wants to buy the November $300/$340 call spread for a total cost of $12.90. The consolidation enables clients of the NDAQ Dorsey Wright Research Platform to access educational materials and strategic insights based on the options market. My initial results after re=subscribing were just OK, but that was because I became enthused with Covered Calls. For 16 years until his retirement in September 2014, Zhang was the chief technology officer at Chinese gaming and social media giant Tencent. Still, you can choose from any of the 35 strategies categorized into bullish, neutral, bearish, and sharp-move menus. [1], According to Forbes, Zhang Zhidong has a net worth of $24.1 billion, as of March 2021. Tony Zhang is the Chief Strategist at OptionsPlay. Zhang Zhidong was born in 1971. He has worked as a financial specialist for over a decade and through his work, he has attained a decent fortune. These 100% legal strategies could make - and save - you a FORTUNE. Is Yahoo Finance Stocks Quotes Premium Worth Your Attention ? He was in the same class at Shenzhen University as Tencent's founder, fellow billionaire Ma Huateng. All Rights Reserved. The trade breaks even at $312.90 or around 2.2% above the current stock price. OptionsPlay has been under the radar for a few years as there are little to no reviews online. OptionsPlay combines equity analytics and options data in its modern workflow. Answer: I am the Chief Strategist at OptionsPlay which means that, for the most part, I create the product from a functionality perspective. Ive searched all over the web for reviews but there are no independent reviews. So, how much is Tony Zhang worth at the age of 49 years old? Tony Zhang realized the significance and dominance of New York City as a driving force in the financial industry. Like This Article? As we stated initially, OptionsPlay is a bit pricey and could either go for the monthly tier of $75 or the annual subscription of $500. On March 25, 2019, OptionsPlay was integrated into Nasdaq (NDAQ) Dorsey Wright, a registered investment advisory, research, and model portfolio business. Our verdict? Also, I trade a lot of covered calls on the stocks that I own in my account. Active Stock Options Trader and Coach since 2014. Thats a gap that a lot of educators dont help bridge that OptionsPlay does very well.. We price our platform at a reasonable rate of $50 a month so that it is accessible to everyone. Tony Zhang is a specialist in the financial services industry with over a decade of experience spanning product development, research and market strategist roles across equities, foreign exchange and derivatives. Alibaba's Restructuring Plan Appeases Regulators, But Should Investors Buy Into The Hype? [1], Zhang was Tencent's Chief Technology Officer for 16 years until his retirement in September 2014.[1]. Data is a real-time snapshot *Data is delayed at least 15 minutes. These are the key takeaways that you can keep in mind when you decide to try out OptionsPlay: OptionsPlay indeed offers a new perspective on the option trading tools field. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The automated nature of the platform is nice, as it highlights potential trade ideas and strategies to help traders zoom in on potential opportunities. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Cole Turner. Also, he is a CNBC Contributor. In 2013, OptionsPlay was launched with Ramesh Srinivas, CTO, and Tony Zhang, Chief Strategist and Mark Engelhardt, CEO to build a revolutionary way for investors to find ideas, explore and analyze option strategies. Carter Worth Financial Analyst, Bio, Wiki, Age, Height, Wife, and Net Worth, Donal Skehan Bio, Wiki, Age, Wife, Eurovision, Cookbooks, and Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. You dont want to miss this anymore. Our research on OptionsPlay winning trades Returns % shows that the average is around 40-50%. With each strategy, the trading tool clearly details the list of information per strategy: Another powerful feature of OptionsPlay is that the platform generates two income strategies: Every Monday at 10:30 am, OptionsPlay scans S&P 100 markets. And if you are a stockholder who intends to leverage your stocks, this program will provide you with an answer for optimal income strategies. We'll cover a. Would love your thoughts, please comment. Got a confidential news tip? 2023 is expected to be another year of growth and opportunities for the whiskey cask investment market. 2023 CNBC LLC. You want to learn about our gangsta trading strategy? Learn how your comment data is processed. Tony Zhang's net worth is estimated to be more than $1 million. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees Retirement System, which has over $2.8 billion in assets. Also, I encourage users to use a tool such as OptionsPlay. Tony Zhang is the Chief Strategist at OptionsPlay. What was your background that led you to that point? As a Trading Analyst, Prakash assists OptionsPlay in all market research for items such as DailyPlay trade ideas, market outlooks, and thematic investing series. Also, he is a CNBC Contributor. Donald Trumps real net worth? I spent quite a few years trading very actively S&P Futures and working with all different types of clients. I dont know what else one could ask for. We were an FX trading shop that wanted to offer an options product to our FX clients. Some of Zhangs colleagues at CNBC include: He receives decent pay working as Chief Strategist for OptionsPlay and CNBC Contributor. Try it out if you intend to join the unpredictable world of options, and we believe that the service will turn out to be a game-changer in all the moves you make. OptionsPlay is a platform promising "options for the rest of us." It caters to relatively new options traders who need some help identifying promising options trades and evaluating strategies. Its another subscription service for promoted option trades. or reviewed by Stock Gumshoe, and any opinions expressed Also, he is a CNBC Contributor. OptionsPlay provides trading analytics that allows beginner traders to understand the data and create their own investment strategies. He also developed and managed many of the firm's partnerships extending from the Options Industry Council, Nasdaq, Montreal Exchange, Merrill, Fidelity, Schwab, and Raymond James. Heading into his fight on Saturday vs. the undefeated Zhilei Zhang, Joe Joyce is a top-five heavyweight. Tony Zhang has appeared on multiple episodes of the show. A technical score ranging from 1-10 is seen in the charts panel of the stock. A volatility protection play. Data is conveniently displayed in one web page. Also worth mentioning is that there are tools within the platform that you can use to modify the strategy and update the projections. I revisited the site and their methodology and decided that Tony Zhang has created a very unique service. Learn how you can add income, speculate with limited risk, and hedge a portfolios downside using options with our platform, education, and trading ideas and reports. Answer: I started when I was 19 at a company called FOREX.com. He was born to loving and supportive parents in a state in the USA. Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. A Division of NBCUniversal. This probability is arrived at using the same indicators used in finding the trade ideas, alongside historical volatility and trading range. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research. Additionally, he was an intern at Smith Barney Citigroup for five months. Before leaving the station in January 2013, Zhang spent nine months as FX Market Strategist. It helps option traders to pinpoint the probable trading opportunities and call their attention to prospective stock options trade ideas and strategies. OptionsPlay has seven scanners integrated into the platform to assist traders in honing in on the most promising industry. He also has a master's degree from South China University of Technology. Dave Mortach Net Worth How Much Retirement Expert Earns. In October 2006, Zhang joined GAIN Capital as FOREX Specialist. Objective technical and fundamental equity analysis to equip investors with the facts they need to invest wisely. Did you miss $ETSY $FB $MU $BYND $MSFT today ? During his tenure, he converted practice account leads into live trading accounts using a sales model based on a consultative needs approach. This site uses Akismet to reduce spam. A post shared by Tony Zhang (@tony_zzhang). are those of the author alone. OptionsPlay delivers advantages for varying levels of traders. Zhang spearheaded the industry in promoting education for all market participants. Zhang's net worth is $2 Million. Although the customization is minimal, you can evaluate risk and reward for options with different expiration dates and strike prices. As a result, not just newbies but even the established traders can find useful information that they can use to make a sound decision on a particular trade. We want to hear from you. Advisors are expanding their reach for sources of income, information and insights to serve their clients, and options can be an important key to that expanded capability, said Jay Gragnani, Head of Research and Client Engagement at Nasdaq Dorsey Wright. Save my name, email, and website in this browser for the next time I comment. Reflects change since 5 pm ET of prior trading day. Yes I am still using Options Play . Interview with Professional Options Trader Tony Zhang, Milton Friedman Astutely Critiqued the Inheritance Tax, Option Premium Everything You Need to Know. Fri, May 15 20206:22 PM EDT. As the Chief Strategist for OptionsPlay, Tony Zhang has assembled and manages an agile team of developers, designers, and quants that has led the company to create one of the newest innovations. Our collaboration with OptionsPlay is instrumental in making options more accessible to the investing public as well as expanding our research offering to our clients.. Jeffrey Khouw, Chief Relationship Officer. Tony's high-yield options play. In this session, we will cover options strategies that are optimal in a bear market, increased volatility, and hedging. Daily option ideas are based on bullish or bearish ideas with specific quantitative technical & fundamental security selection. [1] Sign up for free newsletters and get more CNBC delivered to your inbox. Sorry to hear about your recent trouble on their service. OptionsPlay is a financial analysis platform that helps investors make informed decisions about options trading. Before we get to how much OptionsPlay costs, let us look at its key features. But, then, there is a one-month free trial during which you can learn what the service is all about and decide whether you are interested in investing in it. What is Implied Volatility? FINAL THOUGHTS : OptionsPlay Alternatives, How About Successful Trading 10-Baggers Trading System, (1) Successful Tradings (@GangstaTrades) / Twitter. What are some of your tasks within this role? However, we would like to caution you that this program is not the cheapest around, and that is why we recommend only investing in it as a long-term plan (rather than a quick fix). Tony Zhang is the Chief Strategist at OptionsPlay and a CNBC Contributor. Some of the data displayed by the strategies include the trade cost, the maximum amount at risk, potential return, and the breakeven price. The tool removed away options chains so you can visually see starting points. Lets now look at some of the advantages and disadvantages that we found with this service. 100% Secure, we value your privacy. Thats a good place to start if youre brand-new. Previously he spent 7 years at FOREX.com with a capital markets and research background as a market strategist specializing in equity and FX derivatives markets. Join us -> https://t.co/KcZIKtUhuZ #education #markets #NYSE #trading #Stocks #OptionsTrading pic.twitter.com/LKl7eOeCJy, Successful Tradings (@GangstaTrades) September 8, 2020. OptionsPlay is a Stocks and Options analysis suite for investors and traders who seek trade ideas with optimal trading and income strategies All Rights Reserved. Click the button below to set an appointment, 2020 Successful Tradings | Privacy Policy. In addition to that, you will also learn how to implement the best trading practices. The content has not been edited well they must not really care much if they cant solve a little problem and since Ive been trying to contact them for 2 days and they say theyll get right back to me id hate to see if there was a real problem. However, OptionsPlay is a relatively straightforward tool that both you will have an easy time using. And the equivalent number of option contracts respectively; Trading Range Simulator which you can customize; OptionsPlay Education is a core tool to help you understand options better. Another interesting aspect about OptionsPlay is that it generates two income strategies, i.e. If you are a newbie looking to get deep into the options market, it is vital that you find the right platform to help you identify winning trades. The CSX trade for instance will monopolize a good amount of capital for a long time (given the Nov20 Expiration) for an Expected rreturn of 160% oOnly. Just pure analysis and probabilities as well as a wealth of other helpful information to help me make an intelligent decision. As the Chief Strategist at OptionsPlay, he directs the research and development of OptionPlays ideas and its portfolio. Even though the three strategies are given OptionsPlay scores, we are unsure how they are calculated or the scale that the scores are graded on. You can compare different strategies side by side and find strategies you want to trade. We believe that there are always opportunities in the market and we teach that success in trading comes from the ability to control risks and downside. Weekly Member's Only Webinars: Rapid Fire Sessions with Tony Zhang Thematic Investing Ideas Full Access To The OptionsPlay platform 37.5% discount FREE Bonus: 6 Step Options Trading Course ($295 Value) Your ease of mind is our top priority Used by 80,000 traders monthly. Starbucks stocks as shown in OptionsPlay Review, 7 Scanners and Technical Score in OptionsPlay, With its beginner-friendly interface, OptionsPlay delivers a breath of fresh air for investors who are stuck with complicated. Additionally, I do create the education around teaching how to trade options and utilize our platform for various forms of options trading strategies. Starting in 2010, Mark Engelhardt, a self-described spreadsheet nerd automated the math behind options pricing, probabilities, and idea generation into an Excel worksheet. User experience has come a long way in all other forms of our lives and we realized that options trading was really stuck in the 1980s. A 25-year veteran of the fintech industry, he is the technological mastermind behind delivering on its promised, disruptive vision of Options for the Rest of Us. After checking out what it is made of, you can easily decide whether it is worth your money. Sign up for free newsletters and get more CNBC delivered to your inbox. How it affects the Pricing of Options. The tool scans to see where you actually have the highest returns across the board sorted on annualized return. First and foremost, this platform was founded on the premise that dozens of trading opportunities show up every day in the market. Chief Strategist at OptionsPlay. While predicting the future is uncertain, there are effective methods to test an offer before fully committing to it. The Probiotic Maker Net Worth What Happened after Shark Tank Deal? Are you stunned by the remark that 160% is not that great of a return ? And so, we were naturally curious to find out just how it compares to some of the big names in the industry. Zhang has leveraged his expertise in financial technology and product development. OptionPlay is established on the numerous ideas that trading opportunities emerge every day in the market. He leads the research and development of their OptionsPlay Ideas & Portfolio platform. The options markets provide opportunities to generate income and mitigate portfolio risk but have traditionally remained opaque to a large segment of the advisor community, said Tony Zhang, Chief Strategist at OptionsPlay. Language links are at the top of the page across from the title. Data is a real-time snapshot *Data is delayed at least 15 minutes. Options Insider With Tony Zhang, Chief Strategist at OptionsPlay Contributor The Option Block Published Dec 16, 2020 9:58AM EST T ony Zhang, Chief Strategist at OptionsPlay, recently joined. Answer: One of the best resources that Im not sure everyone is familiar with is the Options Industry Council. No get rich quick scheme. You are risking relatively small amounts of capital to try and make double the amount if you are correct on a directional view. All Rights Reserved | Terms of Use | Privacy. Get this delivered to your inbox, and more info about our products and services. 2023 CNBC LLC. By clicking any link on this page you are giving your consent for us to set cookies. From the world's #1 Retirement Expert, Bob Carlson. Technical Score of an underlying stock on a particular Earnings Date, Dividend, the stock trend, and Price Action. I think there under staffed and youre nothing but a number and they must have lots of people dealing with lots of problems since they cant even address getting my account verified. And for the newbies who are looking for an option trading tool that can make learning options trading easier. Trading Reviews mission is to help you become a better and smarter trader/investor through in-depth reviews of courses, trading software, and more. Zhang spearheaded the industry in promoting education for all market participants. It really was a very limited site compared to the subscription site. Could you elaborate on your experience with Chaikin? So the in my opinion, Tony has created a valuable service that shows you optimal trades, along with the probabilities of making a profit as well as the probabilities of credits expiring worthless. He is an avid forex trader with a genuine interest in capital and currency markets as well as the technology industry. Location: New York,, NY. hey, are you still using optionsplay, hows your experience so far. This is a great service and Tony Zhang is fantastic. And for the stockholders focused on leveraging their own stocks, OptionsPlay presents them a solution for optimal income strategies. He has been interested in business since an early age. Friday 5:30 PM ET, Saturday & Sunday 6:00 AM ET. Before, he spent four years and ten months as an Advisor at Traden Group. Our watchlsit of #Options was shared last Thu on our live #daytrading and we have had major gains since include 5000% today on $Roku Puts#stocks #stockoptions #SPY #QQQ #IWM #optionstradingforbeginners #investing https://t.co/e6Op1K15Wx pic.twitter.com/hFs8SlfliI, We shared this #options WL yesterday in our Live #daytrading show. This business-related biographical article is a stub. You learn those theories, but once you pull up your option trading platform, you see these huge options chains and a lot of people get lost and struggle with where to start. A Division of NBCUniversal. But a blind spot for many American policymakers is the health of those industries in friendly countries. every time you try and sign in it says your not verified and no mater what you do to try and contact them nothing happens. OptionsPlay offers both DailyPlays and precise information of the profit opportunities for any equity in the USA for the active options traders. Serving as Chief Strategist, Tony assembled an agile team of developers, designers, and quants to create the OptionsPlay product suite for trading and analysis. Zhang Zhidong is also known as Tony Zhang. Was the poor advisory due to stock evaluation / rating not having good predictive power, wrong timing of entry / exit, or something else? Tony Zhang Chief Strategist, OptionsPlay Tony Zhang is a specialist in the financial services industry with over a decade of experience spanning product development, research and market. Then, the program will also suggest three options strategies that carry the highest probability of profit, and it doesnt matter if they had been listed as a trade idea. Why do you recommend it? We use cookies on this site to enhance your user experience. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of: Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. What is the big deal with this you might be wondering ? Ramesh is the Chief Technology Officer for OptionsPlay. Ramesh Srinivas, Chief Technology Officer. All rights Reserved 2018. [1] Career According to Forbes, Zhang Zhidong has a net worth of $24.1 billion, as of March 2021. In the episodes, he identified downside risks in various stocks and stated which stocks were profitable. Powerful tools that make options understandable for novice investors while providing the edge experts demand. Should you decide to go for a new strategy, this platform will automatically calculate a score and display data similarly to its recommended strategy. Accomplished capital markets and derivatives specialist with a passion for building and designing innovative trading tools; Leveraging market expertise, client services experience and platform design from within both large institutions and start-up roles to create intuitive . Before, he spent four years and ten months as an Advisor at Traden Group. I helped design a lot of the education around that FX options product, so that is actually how I got started in options. Im a speculator, meaning I like to bet on direction, and debit spreads is one of the most efficient ways to bet on direction using options. Affiliate Disclosure|Privacy Policy|About|Contact|Blog, Trading Review. Also, he is a CNBC Contributor. Eventually, I had the opportunity to start this company [OptionsPlay] about five-and-a-half years ago to really change the way people look at options. But then I subscribed to Chaikin Analytics who offered a very limited entry for Options Play on their site for free, which I used on occasion. Hope you are able to reach them and get things sorted out. A big bonus of this service are the three times weekly webinars by Tony. Tony Zhangs net worth is estimated to be more than $1 million. Copyright 2023. He is an expert in capital markets and a derivatives specialist. All rights reserved. The decision is YOURS. Tony's high-yield options play. During that process, I learned how to trade futures, and that was my first introduction into derivatives. OptionsPlays technology, education, and professional services powers retail investors, financial advisors, global exchange groups, and major financial institutions in North America and Europe. As a proven thought leader and contributor on CNBC's Options Action show, Tony shares ideas on using options to leverage gain while reducing risk. Our goal is to make the experience of learning about options to be accessible for users, but also want to bridge the gap between the educational materials and the actual trading platform. And how an expert or a beginner trader can utilize that information to gain an advantage in the current market trends. Ramesh is a firm believer in the advantage of small and efficient agile teams. He works to initiate public outreach, build relationships, ensure client satisfaction, increase engagement, and promote retention. For 16 years until his retirement in September 2014, Zhang was the chief technology officer at Chinese gaming and social media giant Tencent. Question: How did you first become involved in options? Wrong time for Covered Calls as the market in May-June 2020 was a definite BULL market and not a good time to be selling covered calls on my holdings , as the stock prices were quickly catching up to the my strike prices, forcing me to sell them at a loss rather than being assigned and losing my fast appreciating stock. data and create their own investment strategies. Zhang stands at a height of 5 ft 7 in (Approx 1.7 m). This also allowed him to realize why New York City plays an important role in the finance industry. Provides unbiased historical analysis of stocks, Works for different levels of traders, i.e., novices and experienced traders, Suggests options strategies based on probability of profit, Uses seven scans to find options trade ideas automatically, Somewhat restrictive for advanced traders. Center: Stock Information, Charts, and News Feed. These traders gather every week on the show and bring the audiences attention to how to increase profits and limit losses using common option techniques. Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. Got a confidential news tip? And can it be considered as one of the best option trading tools? Through debit spreads, you really minimize the amount you have at risk, and you also minimize time decay.
tony zhang options play net worth