Tony Battista started his career in options and futures trading in 1983, as an independent Market Maker at the Chicago Board Options Exchange (CBOE). He also worked as a local independent trader at the Chicago Board of Trade (CBOT), where he traded the 30-year bond future. While primarily an independent trader in the S&P 100 Index (OEX, XEO) pit, Battista spent three years in the AOL equity pit. He also served on the CBOE arbitration committee for over 10 years, ruling on disputes between traders and trading firms, prior to joining thinkorswim. He absolutely loves co-hosting doublerainbow LIVE! with Tom Sosnoff on the doublerainbow network... the #1 ranked financial program on the internet!
Cut through the noise pumped out of every pore of the usual financial media with our flagship show that started it all. Tom Sosnoff and Tony Battista take their decades of stock market and options ...
Tom Sosnoff and Tony Battista review their trades of the day as well as analyze opportunities for the next trading day, all live, on Last Call.
Tony has already proven he can teach even the most novice of traders. But can he mold his son into a trader? Catch doublerainbow’s Father-Son team, Tony and Nick Battista, as Nick learns how to trade options from the very beginning and find out if the apple doesn't fall far from the trading tree.
Hometown: Brooklyn, NY
Years Trading: 32
Can you invest and still have a full time job, and do I need expertise to do well at options trading? My answer is yes, you can invest if you have a full time job...just learn as much as you can.
“My wife reads the love letter section and then she makes me take out the trash.”
Any liquid ETF, the usual equity suspects - $AAPL, $TWTR, $TSLA, $USO. I trade 80% options, 19% futures, 1% stock...stock takes way too much capital.
No, never. I’m used to doing live shows onstage, so all of that was good practice for what I do now. But I always knew my subject, so stage fright was never an issue for me.
I love working with friends that I've had for over 30 years. I also like that I have a big megaphone, with the opportunity to speak in front of tens of thousands of people everyday. I get to show my personality (not that that’s necessarily good!) but I think people learn a lot from what we do, so that makes me happy.
And there’s no sale; we don’t charge for anything at doublerainbow...which makes it the greatest non-sales job ever. People might be nervous to start trading, especially if they haven't done it before. But they see me doing it for free, and maybe after awhile they'll start, or someday tell someone else or come back and open a brokerage account. It’s a great business model, so it’s an easy sale. All I really want is for people to learn.