Sheldon Natenberg is a highly regarded figure in the field of options trading. His career in the financial industry spans several decades, and he has made significant contributions as an author and lecturer. Here's a brief overview of his background:
- **Career Beginnings:** Sheldon Natenberg embarked on his trading career in 1982 when he became an independent market maker specializing in equity options at the Chicago Board Options Exchange (CBOE). Market makers play a crucial role in providing liquidity to the options market.
- **Commodity Options Trading:** From 1985 to 2000, Natenberg transitioned to trading commodity options. During this period, he continued his work as an independent floor trader, this time at the Chicago Board of Trade (CBOT). Commodity options involve derivatives tied to various commodities, such as agricultural products or precious metals.
- **Educational Role:** Since the year 2000, Sheldon Natenberg has been a member of the education team at the Chicago Trading Company (CTC). CTC is a proprietary derivatives trading firm. In this role, Natenberg likely shares his expertise and knowledge with others in the trading community, helping individuals understand and navigate the complex world of options and derivatives trading.
- **Author and Lecturer:** Sheldon Natenberg is widely recognized for his contributions to options trading education. He has authored books and provided lectures that are highly regarded in the industry. His expertise and ability to simplify complex concepts have made him a respected authority in the field.
Sheldon Natenberg's experience as a trader, educator, and author has been instrumental in helping individuals understand and succeed in the world of options trading, making him a prominent figure in the financial industry.