It’s been almost 30 years since I first entered the financial services business as a broker. I still remember my first speculative trade; it was a futures spread trade involving Live Hogs (all of my friends in the business were farmers). Soon after entering the finance business, I moved away from the brokerage side to the analysis side where I really wanted to be. I must have been doing something right, because I was promoted to Director of Research at the nation’s largest options-only research boutique. Twenty years ago, in 1993, I left that firm to start my own company to focus strictly on volatility, and taking advantage of situations where options traders had inaccurate probability assessments.
But my interests aren’t isolated to the markets. I am a big believer in giving back. That’s why I am deeply involved in all sorts of charitable activities, as are my employees. I’ve been an active Board member of the American Heart Association for well over a decade now.
In 1996, I wrote a book called Options For Beginners, Not For Dummies. The book went on sale in 1997. We sold over 50,000 copies. All the profits from the sale of the book were donated to charity. Here is a picture of me giving the American Heart Association representative their 2nd check for $50,026.00.
Don Fishback presents the AHA with the largest single donation ever by an individual in the Kentucky chapter’s history.
After we gave the AHA that money, I received a cease and desist letter from the publisher of the “… For Dummies” books to remove that from the title, so that’s why the book is now simply called Options For Beginners. The latest edition is available for only a small donation to the AHA, and they receive every penny donated. Donate HERE.
I’ve stayed active in organization as a volunteer and donor. This is a picture of me receiving the Franklin Moosnick Service Award, the local chapter’s highest volunteer honor.
Wednesday, July 25, 2012 – The Central Kentucky Chapter of the American Heart Association recently presented Don Fishback with the Franklin Moosnick Service Award, the local chapter’s highest volunteer honor.
But enough about me. The reason you are here is due to your interest in options, and more specifically, why our methods work. It boils down to this one simple concept. Every trader needs an edge. More often than not, the probability assessments of options traders is “distorted”. Our unique Measure, Don’t Model® approach allows us to actually see and measure that distortion. OptionApps powered by ODDS® provides traders with accurate probability calculations quickly and easily. Having an accurate probability measure is what gives traders that edge they need to succeed.
If you’d like to learn more about ODDS, click here.
If you’d like to sign up for OptionApps, click here.
Thanks for visiting.
– Don Fishback