Randall Liss

About Randall Liss


Randall Liss is a long-time, seasoned veteran of the exchange-traded options industry. Mr Liss helped found the European Options Exchange in Amsterdam, an elected member of the Board of Directors, a long-time member of the Business Conduct Committee and a co-founder of The Market-Makers Association. He ran a market-making operation for a large Dutch bank and also managed his own market-making firm. Since 2006 Mr Liss has devoted his energy to educating and mentoring traders, investment clubs, individuals and institutions using his own proprietary curriculum, The Theory and Working Method of Trading Options. Randall has lectured in Amsterdam, Brussels, Paris, London, Tel Aviv, Jerusalem, New York and Chicago on a variety of investment and derivative strategies. He is also an on-camera options analyst for Bloomberg TV and the Business News Network. In 2008 Mr Liss returned to the town of his birth, Chicago. His clients include ABN AMRO Options Clearing, optionsXpress, Columbia College, The Chicago Institute of Investment, The Options Tribe and many private individuals and investment clubs. Mr Liss strongly believes in demystifying the options market and making the seemingly complex understandable.

Author's web site: http://www.thelissreport.com/

Posts by Randall Liss

Buying the Call Spread = Selling the Put Spread and Vice Versa

I have certainly talked here about long vertical spreads quite a bit. Buying a lower strike call and selling an upper strike call if you’re bullish and buying an upper strike put and selling a lower strike put if you’re bearish. Both of these are debit spreads, meaning that you pay money to put them […]

Synthetic Stock Long and Short

I just want to say one word to you, just one word, synthetics

When To Expect Early Assignment

stock options are American style and it is good to know when an option is likely to be exercised ahead of the expiration date
terms

Defining Our Terms: A Review of Commonly Used Financial Terms

Let's take a simple review of commonly used terms in finance.
Puts

You Need to Own Puts

So, today’s lesson: Own some index puts as a hedge.
Calendar

Options Are a Wasting Asset

Options decay as time goes on. They are a wasting asset.

American Style Options and Early Exercise

American style options, unlike European style, may be exercised at any moment in their lifetime.

New Year, Clean Slate

Welcome back, Dear Readers and Happy New Year!

A 2:1 Ratio Put Back Spread

Here is a trade idea that will make money if the market continues to move higher or even if this is a top and the market breaks.
Risk

Define Your Risk!

Unless one is a professional options trader, their options trading setups should include well-defined risk.
FAQ

Options FAQs: Day Order vs. GTC Order

If you are going to place your own orders (and why not?) then an overview of types of orders is fitting and proper.

Options FAQs: Stop Loss vs. Stop Limit Order

If you are going to place your own orders (and why not?) then an overview of types of orders is fitting and proper.
order

Options FAQs: Limit Order vs. Market Order

If you are going to place your own orders (and why not?) then an overview of types of orders is fitting and proper.
dictionary

Options FAQs: Defining Common Options Terms

One of the harder things abut what I do is getting the options education level of my readers correctly. I’m too basic and I bore the readers who  know. I’m too advanced and I bore the one’s who do. So, let’s err on the side of caution and review some terminology. Call option: The right […]

What Are Measured Move Targets?

A very useful tool for determining what the market as a whole thinks the trading range until expiration of an underlying value will be is the At The Money (ATM) straddle.

The Options News RundownAudio

Your source for the most important news and information from the world of options.

The Options Insider Radio NetworkAudio

All of our radio programs in one convenient place.

Options Insider RadioAudio

The original options podcast. Features interviews with leading options figures.

The Option BlockAudio

This high-octane program features education, analysis, strategies and unusual activity.

Volatility ViewsAudio

The premier radio program for volatility traders.

The Long And Short Of Futures OptionsAudio

Your source for futures options information.

The Advisor's OptionAudio

Arming advisors with the info necessary to manage risk.

Options Boot CampAudio

Get into peak options trading shape.

Options Insider Special EventsAudio

Compelling panel & special event recordings from the options world.

OIC's Wide World of OptionsAudio

A dynamic mix of current events, investor resources, & strategy insights.

Trading Tech TalkAudio

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Options Playbook RadioAudio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options OdditiesAudio

We track all the unusual options trading activity on Options Oddities.

This Week in Futures OptionsAudio

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

The Business ShowAudio

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.
x

The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

Options Insider Radio

The Option Block

This high-octane program features education, analysis, strategies and unusual activity.

The Option Block

Volatility Views

The premier radio program for volatility traders.

Volatility Views

The Long And Short Of Futures Options

Your source for futures options information.

The Long And Short Of Futures Options

The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options Playbook Radio

Options Oddities

We track all the unusual options trading activity on Options Oddities.

Options Oddities

This Week in Futures Options

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

This Week in Futures Options

The Business Show

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.

The Business Show