OptionsHouse Bolsters Option Education Division, Announces Two New Hires

  • Dan Passarelli named as Director of Education
  • Beth Gaston Moon hired as Senior Writer and Editor

CHICAGO -- April 14, 2008 - OptionsHouse, Inc. ("OptionsHouse"), an online retail and institutional brokerage firm, today announced it is strengthening its education division by hiring Dan Passarelli as its Director of Education and Beth Gaston Moon as the company’s Senior Writer and Editor. Dan and Beth have both spent more than a decade explaining options trading to new and advanced investors.

“Investor education is particularly important to OptionsHouse,” said John Hass, Chief Executive Officer at OptionsHouse. “If the industry is looking to attract a wider audience of investors, including younger traders, women, and other new recruits, it has to provide broader and more accessible options education.”

“We are pleased to bring Dan on board. He has a wealth of expertise from his years trading equity options on the floor of the Chicago Board Options Exchange (CBOE), to teaching trading strategies at the CBOE and the Options Industry Council,” Hass said.

“I look forward to leading educational seminars as well as writing articles and providing tips for new and advanced options traders,” Passarelli said. “My goal is to build upon OptionsHouse’s momentum as a leading provider of options education for all investors, whether they are OptionsHouse customers or not.”

“Beth brings more than 10 years of research and editorial experience from Schaeffer’s Investment Research,” said Hass. “Beth wrote daily columns for Schaeffer’s, contributed to Forbes.com and Stocks, Futures and Options Magazine, and was managing editor of Schaeffer’s ‘Mastering Advanced Options Strategies’ course.”

“I’m excited about being a key player in OptionsHouse’s education division,” Moon said. “The energetic atmosphere at OptionsHouse is motivating, and I am confident my role in helping produce options-focused reports and articles will be of great benefit to traders.”

Press Contact

OptionsHouse, LLC
Beth Gaston Moon
312-676-8800
bmoon@peak6.com

About OptionsHouse:
OptionsHouse, LLC, is an online stock and option broker delivering a fast, streamlined trading experience on its professional-grade trading platform, accessible at OptionsHouse.com. OptionsHouse's flat-rate commission structure offers online trading of $9.95 per option trade and $4.95 per stock trade, with no escalating fees, regardless of size.*

In Barron's 2008 survey of Online Brokers, OptionsHouse earned a four-star rating and its innovative platform was ranked number-one for "usability."** A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2005 and is a subsidiary of proprietary option-trading firm, PEAK6 Investments, L.P.

About PEAK6:
Established in 1997, PEAK6 Investments, L.P. ("PEAK6") is a leading financial institution in Chicago with an established track record of success in proprietary trading. PEAK6 is also rapidly expanding its commercial focus to include innovative initiatives in asset management and online media.