Aug 13, 2026

Learning Options from an Alpha Shark

james-early

Learning Options from an Alpha Shark

Andrew Keene was once the largest independent CBOE market maker in Apple options. He knows the plumbing of options markets. 

Andrew and I have differences.

Andrew wears clothes from Louis Vuitton. I wear clothes from Walmart. 

Andrew invests short-term. I invest long-term.

Andrew has luscious hair. Mine is… sparse. 

But we’re both investors. 

Andrew’s options trades may last from days to months. His strategy requires no knowledge of the company – not even the company name. 

Andrew follows large order flow, adding in his own judgment.

The catch? From what Andrew presented, it’s not the risk proper, as that’s clearly defined: When you buy call options, the most you can lose is the premium. Rather, the ding is limited capacity in each trade (plus, you have to be willing to make several trades per week). 

If picking up hundreds or a few thousand dollars of profit per trade is too much fuss for you, skip this video. But if you’re the type willing to put in a little elbow grease for investing profits, then check Andrew’s interview out

James Early

James Early

Our CEO, editor in chief, and investing Swiss Army knife - covering income, macro, and a bit of everything else with a unique flair for storytelling. James is the former Director of Research & Analysis for The Motley Fool, CEO of Stansberry China, and Chief Investment Officer of BBAE. The last time he ran a premium recommendation service, it beat the market 10 out of 10 years in a row across the most turbulent decade of the past century.

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