Option Pro was designed
and created by a highly successful Chicago Board Options Exchange floor
trader who traded for his own account for nine years before
"retiring". This trader was one of the charter members of the
OEX pit when trading started in 1983. Very early on, this trader wrote
several computer programs to help him profit in his own option trading.
These programs evolved and grew as it became clear to him how options
really worked. Along the way, a proprietary technique for modeling options
prices was created and remains the most accurate way we know of to explain
option pricing. These programs were used daily throughout this trader's
career and have remained his personal property -- UNTIL NOW.
The trader in this
story is David Wesolowicz, President of Essex. Since joining the team of
trading professionals at Essex, it has been his goal to further refine his
original options programs and develop them into an easy-to-use,
ready-to-run program in the Essex tradition. That effort is now complete.