Mark D. Wolfinger grew up in Brooklyn and holds a BS degree from Brooklyn College and a PhD (chemistry) from Northwestern University. After working as a research chemist for Monsanto Company, in December 1976 he packed his belongings, left a career as a research chemist behind, and headed to Chicago to become a market maker on the trading floor of the Chicago Board Options Exchange (CBOE).
Over the next 23 years, Mark Wolfinger worked primarily as a floor trader, and also held a variety of positions in the industry, including risk manager, and coach for new market makers. As a trader on the exchange floor, he observed too many public investors adopting unprofitable strategies. That prompted him to help educate investors on how to use options. His goal is to demonstrate that conservative strategies make it more likely that an individual investor can make money from his/her stock market investments.
After leaving the CBOE in 2000, he began writing and has published three books and numerous magazine articles. As an educator, he stresses the conservative methods detailed in his newest book, The Rookie’s Guide to Options (Read STTG’s review).
He currently resides in Evanston IL with his life-partner, Penny.
Comments are welcome: blog (AT) mdwoptions (DOT) com.