OptionsHouse, LLC
| OptionsHouse, LLC | |
| |
| Founded | 2006 |
|---|---|
| Headquarters | Chicago |
| Key People | George Ruhana, CEO; Steve Claussen, Chief Investment Strategist; Danny Rosenthal, Founder; David Budworth, Founder and Architect of PEAK6 Online LLC; Matthew Hulsizer, Founder; Jennifer Just (CFA), Founder |
| Products | online options broker |
| optionshouse | |
| Corporate Website | www.optionshouse.com/ |
OptionsHouse LLC is an online options and equities broker, founded by its parent company PEAK6 Investments, L.P. in 2006.[1]
The firm uses Peak6's technology and is designed for both retail and institutional customers.
Contents |
Products and Services
The firm was launched with a simple one price fee structure, but changed it in December 2009 to a tiered pricing structure, depending on the number of contracts traded.[2] This marked a new strategy among the discount options brokers that also offered flat rate pricing to its customers.[3]
OptionsHouse's suite of products includes:
- Risk Viewer, a tool to provide insight into portfolio risk
- Call Spread Investigator, a scanning tool that identifies equity option call spreads with high theoretical returns
- Covered Call Investigator, a scanning tool that identifies equity option covered calls with high theoretical returns
- Put Spread Investigator, a tool that scans equity options to find put spreads with high theoretical returns.
- Stock Screener, the ability to identify potential investments based on personal ideas and sentiment.
- Probability Calculator, a tool that will calculate a given symbol's probability of reaching targets on a future date
- Trade Generator, a tool that identifies trades that match up to personal market sentiments.
OptionsHouse also provides streaming data and news, a profit and loss calculator as well as volatility charts.[4]
History
OptionsHouse was rated among the best brokers for options traders by Barron's in 2009, 2010 and 2011.[5] [6] [7]
Key People
- George Ruhana, CEO
- Steve Claussen, Chief Investment Strategist
- Danny Rosenthal, Founder
- David Budworth, Founder and Architect of PEAK6 Online LLC
- Matthew Hulsizer, Founder
- Jennifer Just (CFA), Founder
References
- ↑ OptionsHouse, Inc., New Online Brokerage, Debuts. OptionsHouse.
- ↑ OptionsHouse adjusts broker fees for option trades. Reuters.
- ↑ OptionsHouse Pricing is The New Normal; SCHW, OXPS, AMTD. The Broker News Blog.
- ↑ OptionsHouse. website.
- ↑ Blue Chips. Barron's.
- ↑ Trading Platform Review. Trading Platform Review.
- ↑ OptionsHouse Information. website.
