Sal Spinnato
Chicago, Illinois 60657
CAREER PROFILE
Options trading professional experienced in market making and implementing various trading strategies to grow capital for large trading firms.. Strong risk management skills acquired through efficient management of highly complex options portfolios. PROFESSIONAL EXPERIENCE
EQUITEC Trading, LLC Chicago, IL Jan 2017 to Dec 2018
Responsible for providing two sided markets to brokers in the SPX options pit.
Spread off risk incurred from market making activities. C & H Options, LLC Chicago, IL Dec 2015- Aug 2016
SPX Options Trader
Head Of Floor Trading for C&H options a subsidiary of ED&F Man.
Sought out edge in particular trades using proprietary values
Provided brokers with liquid two sided markets in SPX options pit at the CBOE
Managed overnight position for risk and trading profits. CMZ Trading Chicago, IL Sept 2014- May 2015
SPX Options Trader
Responsible for providing liquid two sided markets for SPX options.
Communicate trades and volatility levels to other traders in pit Belvedere Trading, LLC / MW Trading, Chicago, IL Jan 2010- Aug 2014 SPX Options Trader
Supplied liquid two sided markets for SPX options
Developed relationships with brokers from all firms including Barclays, JP Morgan and Goldman Sachs
Disseminated trades and volatility levels to other traders in pit
Manage and trade S&P position during Asian and European hours
Utilize Proprietary software to conduct position analysis ST Capital, Ltd. Chicago, IL Feb 2006-Dec 2009
SPX Options Trader
Used arbitrage strategies to spread off risk across complex SPX index option positions
Manage and further develop strong relationships with brokers
Evaluated individual option volatility values to develop and implement appropriate trading strategies Panos Trading, LLC Chicago, IL Aug 1999-Nov 2005
Senior Trader
Personally responsible for managing SPX options position
Provided brokers with liquid two sided markets in SPX options pit at the CBOE
Analyzed range movement in search of range violations and counter trend movement to determine trade entry opportunities in the trend direction of markets
Use daily, weekly and monthly average ranges along with intraday target objectives to take advantage of market movement to achieve maximum profitability across multiple Equity classes
Initiate on market entry indicators across multiple timeframes and evaluate the risk/reward to determine contract size EDUCATION
Lewis University, Romeoville, IL
Bachelor of Science, Accounting 1995