Najarian Radio: "It's Not an Option"
Jon and Pete Najarian are well-known figures in the world of finance, particularly for their expertise in options trading and their contributions to market analysis. Here's a brief overview of their careers and achievements: Jon Najarian: Background: Before entering the finance world, Jon "DRJ" Najarian was a linebacker for the Chicago Bears. His transition from professional sports to finance led him to become a prominent trader on the Chicago Board Options Exchange (CBOE). Career Highlights: Jon co-founded Mercury Trading, which he later sold to Citadel in 2004, one of the world's largest hedge funds. He also co-founded optionMONSTER and tradeMONSTER, with the latter being sold to E*Trade for $750 million in 2016. Jon has been instrumental in developing trading algorithms and was a key figure in making options trading more accessible through online platforms. His insights have often been shared on CNBC, where he contributed to various programs for over a decade, earning a reputation as an options trading expert. Pete Najarian: Background: Pete, like his brother, had a stint in professional football before his finance career, playing for teams like the Tampa Bay Buccaneers and the Minnesota Vikings. His academic background includes a degree from the University of Minnesota, where he was recognized for his football prowess. Career Highlights: Transitioning to trading in 1992, Pete joined his brother Jon at Mercury Trading, eventually becoming its president. He was involved in the sale of Mercury to Citadel LLC. Pete co-founded tradeMONSTER alongside Jon and has been a significant contributor to CNBC's "Fast Money," where he provided market insights, especially in options trading. Pete's also known for his role in founding Market Rebellion, focusing on trading education and strategies. Together: Jon and Pete have made a lasting impact on the trading industry by simplifying and demystifying options trading for individual investors through their educational platforms and media appearances. Their venture, Market Rebellion, continues their legacy by focusing on providing traders with knowledge and tools to navigate markets effectively. Both brothers have not only excelled in their professional realms but have also managed to bridge their athletic discipline with the high-stakes world of financial trading, embodying a unique blend of sportsmanship and financial acumen.