Zhang's net worth is $2 Million. Would love your thoughts, please comment. Options Action is a fast-paced show, spanning half an hour, that features some of the top traders on Wall Street. Lets now look at some of the advantages and disadvantages that we found with this service. Also, he is a CNBC Contributor. Zhang later enrolled at Baruch College and pursued a bachelors degree in Finance and Investments graduating in 2009. Join us -> https://t.co/KcZIKtUhuZ and take your #trading account to the next level. So, how much is Tony Zhang worth at the age of 49 years old? I revisited the site and their methodology and decided that Tony Zhang has created a very unique service. He is working as a Chief Strategist for OptionsPlay since January 2013. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Prior to serving OptionsPlay as Trading Analyst, Prakash was a Marketing Associate. Learn More about Trade Ideas Market Updates & Reports Stay One Step Ahead of The Market Every Tuesday and Friday each week before the open. Join us -> https://t.co/KcZIKtUhuZ #education #markets #NYSE #trading #Stocks #OptionsTrading pic.twitter.com/LKl7eOeCJy, Successful Tradings (@GangstaTrades) September 8, 2020. All Rights Reserved. Links to outside information and information share are welcome, soliciting is forbidden -- Stock Gumshoe cannot serve as an exchange for buying, selling or trading information beyond what you post in your comments for public view. He bases his claims on statistics of companies recent performances and predicts future trends. Lots of great education on the site. 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. The tool scans to see where you actually have the highest returns across the board sorted on annualized return. I have done a trial subscription a while back which was fine and I continued it for a short time. Tony Zhang is an American specialist in the financial services industry with over a decade of experience. #options #SaturdayNight #SundayMorning #markets #stocks #NYSE #cac40 pic.twitter.com/dC0v99Q3TW, Successful Tradings (@GangstaTrades) September 6, 2020, $ETSY gangsta #trade worked good for one of our #traders today. Before, he spent four years and ten months as an Advisor at Traden Group. He also worked as a Currency Derivatives Specialist where he created a package for GAIN Capital clients on ISE-Exchange listed Currency Options. It's another subscription service for promoted option trades. 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. Get this delivered to your inbox, and more info about our products and services. eOption now offers practical solutions for daily trading strategies, risk management, portfolio management and so much more in a convenient add on. Tony Zhang is the chief strategist at OptionsPlay, a company that offers an intuitive yet sophisticated options trading platform aimed at removing complexity out of trading options to let users focus on making investment decisions. OptionsPlay provides trading analytics that allows beginner traders to understand the data and create their own investment strategies. Headquartered in Singaporewith offices in the Philippines, Thailand and Chinathe startup allows its enterprise customers to book delivery trucks and track them on its digital platform. It really was a very limited site compared to the subscription site. So, we wanted to take a different approach, visually, to options trading and thats how we started this company, OptionsPlay. 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). Ramesh is the Chief Technology Officer for OptionsPlay. Should you decide to go for a new strategy, this platform will automatically calculate a score and display data similarly to its recommended strategy. I sell a lot of puts for stocks that I want to own in my account, and I think that is a very under-utilized strategy that many investors should be looking at as an alternative to just buying the stock outright. Before we get to how much OptionsPlay costs, let us look at its key features. On March 25, 2019, OptionsPlay was integrated into Nasdaq (NDAQ) Dorsey Wright, a registered investment advisory, research, and model portfolio business. Tony carried OptionsPlay and built the product suite, bringing it to market for both institutional and retail markets within just 18 months. Zhang has leveraged his expertise in financial technology and product development. Some of Zhangs colleagues at CNBC include: He receives decent pay working as Chief Strategist for OptionsPlay and CNBC Contributor. Answer: I am the Chief Strategist at OptionsPlay which means that, for the most part, I create the product from a functionality perspective. Here is a recent sample at the closing for a trade on Microsoft (MSFT). 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. Stop Loss Order vs Stop Limit Order What is it? Options strategies can be used in any type of market. He has been interested in business since an early age. Tony Zhang's income source is mostly from being a successful . Question: What is your best advice for an investor starting out in options trading? During his tenure, he converted practice account leads into live trading accounts using a sales model based on a consultative needs approach. A Division of NBCUniversal. As a Trading Analyst, Prakash assists OptionsPlay in all market research for items such as DailyPlay trade ideas, market outlooks, and thematic investing series. Anyone have experience With Options Play or Tony Zhang who runs it? 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. What are the major risks associated with this strategy and how do you minimize those risks? YouTube Channel: https://www.youtube.com/c/SuccessfulTradings, Other Website: https://237answersblog.com/, Twitter: (1) Successful Tradings (@GangstaTrades) / Twitter, -they want you to sign up for a free 30 day trial and when you do and go thru all there pre set up steps. OptionPlay is established on the numerous ideas that trading opportunities emerge every day in the market. Our mission is to empower you to leverage options for your portfolio! Before, he spent four years and ten months as an Advisor at Traden Group. Data is a real-time snapshot *Data is delayed at least 15 minutes. My initial results after re=subscribing were just OK, but that was because I became enthused with Covered Calls. Get Bob's new report, free of charge. Donald Trumps real net worth? [1] Career According to Forbes, Zhang Zhidong has a net worth of $24.1 billion, as of March 2021. Ive searched all over the web for reviews but there are no independent reviews. He was in the same class at Shenzhen University as Tencent's founder, fellow billionaire Ma Huateng. Zhang Zhidong is also known as Tony Zhang. It offers access to market data, educational materials, and expert commentary. In his current role, he leads the research and development of the OptionsPlay platform, after previously working as a market strategist specializing in equity and foreign exchange (FX) derivatives for GAIN Capital. Some of the data displayed by the strategies include the trade cost, the maximum amount at risk, potential return, and the breakeven price. The content has not been edited This guy provides a wealth of information in each short webinar on the overall market sectors and some stocks. As the Chief Relationship Officer, Jeff focuses on OptionsPlay's relationship dynamics with clients and partners. In the episodes, he identified downside risks in various stocks and stated which stocks were profitable. Its a free resource available to everyone in the U.S. that can be used to educate on options. A buildup of dust means the rover, which spent months exploring Mars, may never be able to wake up. Also, I trade a lot of covered calls on the stocks that I own in my account. 2023 CNBC LLC. This is a discussion topic or guest posting submitted I was then able to start trading equity options on my own through that learning process. Starting in 2010, Mark Engelhardt, a self-described spreadsheet nerd automated the math behind options pricing, probabilities, and idea generation into an Excel worksheet. Full Access To The OptionsPlay platform No Contracts, No Commitments Post-Trial Yearly $ 750 /yr Start Your Subscription New Trade Ideas Daily Intuitive Visual Analysis for Any Strategy Optimal Income Generation Recommendations Weekly Live Q&A Meetings w/ Tony Zhang Full Access To The OptionsPlay platform No Contracts, No Commitments 37.5% discount At OptionsPlay we empower investors to gain exposure in the markets and maximize profits by using tight controls around risk. This program is best suited for the newbies who are just joining options trading, and it will help them identify trading opportunities and evaluate strategies. A volatility protection play. Also nothing on the BBB. 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. For more information, read our disclaimer and privacy policy. Friend-Shoring Means You Have To Worry About The Health Of Your Friends, Chinas Mars Rover Is Stuck Sleeping After Harsh Martian Winter, Joe Joyce Vs. Zhilei Zhang: Odds, Records, Prediction (Updated With Betting Results), Alibaba Launches Its Own AI Chatbot Technology To Be Used Across All Its Business Units, Adidas Unveils Apparel Line Celebrating Womens Golf Community As Zhang Stars In Augusta, The Top 10 Richest Women In The World 2023, The World's 15 Youngest Billionaires 2023, Billionaires 2023: The Top 10 Richest People In The World. How Does This Platform stand out from others? {"name":"Net worth","value":"US$12.6 billion (June 2019)"} Salary in 2020. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang. I find that unusual because theres always some kind of review usually both positive and negative. Question: How did you first become involved in options? By clicking any link on this page you are giving your consent for us to set cookies. The Risk Reward ratios of the above three trades on AAPL, FB and CSX are respectively 0.59, 3.7 and 0.62. 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. 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. Please let me know how I can be of assistance. 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. Further, he managed CRM-based sales tracking and reporting tools for monthly sales performance. Eventually, I moved my way into the market strategist role, where I was providing clients with market color and strategies for trading. data and create their own investment strategies. Before leaving the station in January 2013, Zhang spent nine months as FX Market Strategist. Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books. Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more. 2023 Forbes Media LLC. Tencent's portfolio includes messenger app WeChat, League of Legends game developer Riot Games, and minority stakes in Spotify and Snap Inc. He is considered to be a specialist in the financial services industry, having an experience of more than a decade under his belt in product development, product research, and market strategies. [1], Zhang was Tencent's Chief Technology Officer for 16 years until his retirement in September 2014.[1]. This is a full video library of options webinars to teach you how to implement best practices. During that process, I learned how to trade futures, and that was my first introduction into derivatives. He leads the research and development of their OptionsPlay Ideas & Portfolio platform. Could you elaborate on your experience with Chaikin? But should Joyce actually be considered even better than that? Hope you are able to reach them and get things sorted out. Nasdaq Dorsey Wright and OptionsPlay teamed up to expand the range of advisors who utilize options. I wouldnt be without his service. 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. Is this something you might be interested in to help increase your Trading Account Balance at a Faster pace ? By using the platform and relying on the information it provides. Or a Legit Scam? DynoSafe Net Worth, Founder, Shark Tank Deal, Current Status (Updated), Tavon Austin Net Worth, Biography, Wiki, Career (Updated), Jose Torres El Ray De Alto Mando Net Worth, Biography, Wiki, YouTube Channel (Updated), Ashley Almanza Net Worth, Biography, Wiki, Career (Updated), Ashley Snowden Net Worth, Biography, Wiki, Career (Updated), Balenciaga Net Worth, History, Founder, Current Status (Updated), Hermes Net Worth, History, Clients, Growth (Updated). It offers access to market data, educational materials, and expert commentary. Zhang is around 37 years old, although details regarding the date and year he was born remain unknown. All Rights Reserved. Tony Zhang has appeared on multiple episodes of the show. Integrating with Nasdaq Dorsey Wrights Research Platform helps make options more accessible for a significant number of advisors.. He is an expert in capital markets and a derivatives specialist. Technical Score of an underlying stock on a particular Earnings Date, Dividend, the stock trend, and Price Action. With its inclusion, eOption rocketed its engagement with the self-directed investor segment, strengthening client acquisition and elevating retention rates. Get this delivered to your inbox, and more info about our products and services. Despite being a famous specialist, Zhang has kept his marital status confidential. Here is the replay : https://t.co/wyikJagLg8 pic.twitter.com/nNBXvGdkge, If you ask @ThomasRihel1 how was his week , he will show you how his #trading went on the last day before long #MemorialDayWeekend with the like of $AAPL $FB or $MSFT #stocks #options #SuccessStory #Learntotrade #successfultradings #investing #investments pic.twitter.com/WSpyayY6xl, Successful Tradings (@GangstaTrades) September 5, 2020, One of our #traders shared his wins yesterday: $TSLA $TWTR $FB $FCX $MSFT $AAPL $BYND. All Rights Reserved | Terms of Use | Privacy. Michelle creates and helps oversee all marketing operations and initiatives for OptionsPlay as the Marketing Specialist. Note that the evaluation of the strategies is not limited to the three that the program recommends. And if you are a stockholder who intends to leverage your stocks, this program will provide you with an answer for optimal income strategies. 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. After checking out what it is made of, you can easily decide whether it is worth your money. Therefore, he attended the HS Academy Finance NYC course to deepen his understanding of the career options he could pursue in the financial service industry. 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. Another interesting aspect about OptionsPlay is that it generates two income strategies, i.e. 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. I have a technical team that builds our product from my roadmap. 122 C Street NW, Suite #515, Washington, DC 20001. 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. Specifically, Zhang wants to buy the November $300/$340 call spread for a total cost of $12.90. https://en.wikipedia.org/w/index.php?title=Tony_Zhang&oldid=1133270137, South China University of Technology alumni, Articles containing simplified Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 12 January 2023, at 23:57. Zhang is a secrative person, thus he has kept details regarding his parents away from the limelight. Also worth mentioning is that there are tools within the platform that you can use to modify the strategy and update the projections. How it affects the Pricing of Options. First and foremost, this platform was founded on the premise that dozens of trading opportunities show up every day in the market. Also, he is a CNBC Contributor. Newbies or professionals will definitely appreciate using OptionsPlay. Also, if you are a stock trader with experience in technical charting, market volatility and price targets and you want to make a move to options trading, this program may just work with you. Most Swing Trade weekly Options and Specialize in 10-Baggers ! He has worked as a financial specialist for over a decade and through his work, he has attained a decent fortune. For 16 years until his retirement in September 2014, Zhang was the chief technology officer at Chinese gaming and social media giant Tencent. 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. The tools integrated into the NDAQ quickens advisors access to the tools to incorporate options data into their strategies. Tony Zhang is the chief strategist at OptionsPlay, a company that offers an intuitive yet sophisticated options trading platform aimed at removing complexity out of trading options to let users focus on making investment decisions. Friday 5:30 PM ET, Saturday & Sunday 6:00 AM ET. These daily options ideas are based on bearish or bullish ideas and are emailed at 6 AM EST every market day. My results with that OptionsPlay were just OK but not spectacular. He leads the research and development of their OptionsPlay Ideas & Portfolio platform. A big bonus of this service are the three times weekly webinars by Tony. You dont want to miss this anymore. Also, he is a CNBC Contributor. He helped build the OptionsPlay platform from the ground up and took it to the market for institutional and retail investors within 18 months. Copyright 2023. Bachelor of Arts/Science, Shenzhen University; Master of Arts, South China University of Technology. While there, he answered a few questions regarding options. Net Worth in 2021. The main function of this tool is to give you a better understanding of options. OptionsPlay is a Stocks and Options analysis suite for investors and traders who seek trade ideas with optimal trading and income strategies He considered a career in finance and wanted to gain as much understanding of the financial industry as he could before he attended college. 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. You want to learn about our gangsta trading strategy? Got a confidential news tip? Serving as Chief Strategist, Tony assembled an agile team of developers, designers, and quants to create the OptionsPlay product suite for trading and analysis. Tony Zhang. Just gimmee solid info and Im happy. Hold a Master Degree in Electrical engineering from Texas A&M University. Now Get Mark's FREE Special Report: 3 Dividend Plays with Sky-High Returns. Clear-cut information about the strategies. However, you may feel like some traders that the returns on OptionsPlay trades are not quite satisfactory to you investment goals ? In October 2006, Zhang joined GAIN Capital as FOREX Specialist. Friend-shoring refers to sourcing from geopolitical allies, including countries like Japan and Korea. The trade breaks even at $312.90 or around 2.2% above the current stock price. Through debit spreads, you really minimize the amount you have at risk, and you also minimize time decay. He is a man of average stature. Zhang spearheaded the industry in promoting education for all market participants. All rights reserved. What is Implied Volatility? A Division of NBCUniversal. Our motto, Options for the Rest of Us , drives us to democratize access of listed options for all investors to reduce risk and increase profits. Why do you recommend it? In addition, it clearly presents the analytics, and identifying the profitable opportunities will not be as challenging as you would have expected. OptionsPlay has been under the radar for a few years as there are little to no reviews online. With decades of Wall Street experience, we publish investment newsletters and website articles offering advice on the best stocks, options, ETFs and mutual funds to invest in for both dividends and capital gains. 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 . Jun 13, 2022, 8:30 AM How Lululemon Athletica Could. Save my name, email, and website in this browser for the next time I comment. With its beginner-friendly interface, OptionsPlay delivers a breath of fresh air for investors who are stuck with complicated options trading tools. A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays. Question: What is your favorite options trading strategy? I simply used the wrong tool at the wrong time. Visit Official Website Is Yahoo Finance Stocks Quotes Premium Worth Your Attention ? 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. Are you stunned by the remark that 160% is not that great of a return ? Her mission is to share accessible "Options for the Rest of Us" with the world. He was in the same class at Shenzhen University as Tencent's founder, fellow billionaire Ma Huateng. She has held various positions within the brokerage industry across multiple firms, including roles specializing in strategy, product management, high frequency trading, complex options and derivative strategies, and the relationship management of high-net-worth affluent investors. by a Stock Gumshoe reader. He leads the research and development of their OptionsPlay Ideas & Portfolio platform. In addition, you can access the options that you are watching through the portfolio for intraday movement. One of the things we identified in the market was that the user experience of option chains hasnt changed since the late 1980s. Its hailed as one of the beginner-friendly options analysis tools. OptionsPlays technology, education, and professional services powers retail investors, financial advisors, global exchange groups, and major financial institutions in North America and Europe. OptionsPlay offers both DailyPlays and precise information of the profit opportunities for any equity in the USA for the active options traders. Let the chips fall where they may. Several built-in options that you can look into to further research about an underlying stock. 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. I helped design a lot of the education around that FX options product, so that is actually how I got started in options. 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. Zhang spearheaded the industry in promoting education for all market participants. 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.