OLD Media Moves

CNBC to launch new show focusing on options market

January 13, 2009

CNBC announced Tuesday that a new show, “Options Action,” will begin airing Fridays at 11:30 p.m. starting this coming Friday.

Hosted by CNBC’s Melissa Lee, “Options Action” will be weekly half-hour roundtable discussion featuring four prominent options traders who will explain options trading and demonstrate the strategy using the news of the week.

The “Options Action” traders plan to offer the latest fundamental analysis of individual stocks and teach viewers how to employ the right option strategies to potentially limit risk and increase investment rewards.

Lee, a CNBC reporter and anchor, will lead roundtable discussions with some of Wall Street’s top option traders and market makers: Stacey Gilbert, market strategist, Susquehanna Capital Group; Michael Khouw, director, Equity Derivatives Trading US, Cantor Fitzgerald; Jim Iuorio, managing director, TJM Institutional Services; Brian Stutland, president, Stutland Equities; and Joseph M. Terranova, chief alternatives strategist, Virtus Investment Partners.

“In a time of unprecedented market volatility, options have emerged as a vital weapon in the battle to preserve capital,” said Susan Krakower, CNBC’s senior vice president of strategic programming and development, in a statement.  “CNBC is an investor-driven network and ‘Options Action’ will educate individual investors on the many advantages of options trading in this new era of risk.”

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