James Cordier is the founder, president and head trader of OptionSellers.com in Tampa, Florida. With over 30 years of option trading experience, he is a featured expert on the futures and options markets, regularly appearing on/in CNBC, Fox Business News, The Wall Street Journal, MarketWatch, Forbes, CNN Money, Dow Jones Newswires and Barrons. James’ published articles on option writing have appeared in Futures Magazine (US),Energy Risk (UK), Your Trading Edge (Australia) and MoneyWorks Magazine (Dubai). He is co¬author of the book The Complete Guide to Option Selling 1st,2nd and 3rd Edition, (McGraw Hill 2015).
James’ study of the commodities market began at age 14 when a silver coin collection sparked his interest in silver futures. He began his career at Heinold Commodities in Milwaukee as a broker in 1984. Several years of working with physical producers of certain commodities built a solid knowledge base of market fundamentals. It was during these years that James learned the value of knowing market fundamentals in commodities trading.
After nearly a decade in the industry, James began to notice that many of his investors who bought options tended to see them expire worthless. Seeking better results for his clients, he began a study of institutional trading strategies which led him to the concept of selling options. By the late 1990’s, Cordier had begun working with clients in implementing the strategy (see our story).
It was during this time that James began to evolve as a “go to” source for the national financial media in need of informed insight into the fundamentals of commodities markets such as gold, oil and coffee.
In 1999, having established a solid reputation and a certain level of notoriety within the industry, James founded the firm that would becomeOptionSellers.com, an investment firm specializing exclusively in Selling Options.
In 2003, he was approached by McGraw-Hill publishing to write a book about his investment method. This eventually became The Complete Guide to Option Selling (First Edition). Now a classic in investment books, The Complete Guide is now going stronger than ever in its 12th year, currently in its fully updated 3rd Edition.
James has been a member in good standing of the National Futures Association since 1984 and boasts an impeccable record of ethical conduct.
Despite a heavy media schedule, James continues to head the day to day management of client portfolios. He works directly with most client equity and never underestimates the importance of staying in close contact with his clientele’ on an individual basis.
James resides in Tampa, Florida where he is an avid boater, physical fitness enthusiast and active in several charities.
Michael Gross is Director of Market Research at OptionSellers.com in Tampa, Florida. He is co¬author of the book The Complete Guide to Option Selling 1st, 2nd and 3rd Editions (McGraw-Hill 2015).
With over 18 years of experience in futures and options, Michael is a regularly featured guest author in a variety of financial publications. Michael’s published works on option selling in the commodities markets have appeared onYahoo Finance, Forbes.com, Businessweek.com, Optionetics.com and Futures Magazine. His market comments have been featured by Barron’s, The Wall Street Journal, Reuters World News, Dow Jones Newswires, Kitco, and Fox Business News.
Michael’s study of the commodities markets began after college when a chance acquisition of a trading course piqued his interest in the asset class. The interest turned into a passion and several years of intense study and personal trading followed.
In 1996, Michael “turned pro” and became a professional commodities broker.
His early years in the industry taught him 2 things: 1. Most new commodities traders are “encouraged” to buy options, and… 2. Most commodity traders (but not all) lose money who try to trade on their own. After several years in the industry (see our story) Michael felt there was a connection between these two observations. This led to his study, experimentation and eventual championing of the Option Selling approach to trading.
In 1999, he met and joined Cordier at OptionSellers.com where they formed a mission to bring the institutional strategy of option selling to the individual investor. Today that mission and passion for implementing it burn stronger than ever
Michael resides in the Tampa area with his wife, two daughters & their various pets.