Steve Papale

Steve Papale has over 20 years’ experience as an economist, options Market Maker, risk manager and trader. From 1987 to 1999 he was a Market Maker at the CBOE and CME trading stock index, currency and individual stock options. Steve was also an off floor Market Maker in the S&P 500 e-mini options and Eurodollar options.

As a Personal Mentor he has worked one-on-one with DiscoverOptions students teaching them how to trade options and he has advised individuals, advisers and institutions on how to effectively implement options as a portfolio management tool.

He is currently the President of PLE Associates, which manages portfolios using options for retail and institutional traders. PLE Capital works to secure their clients financial goals by utilizing time-tested strategies designed to add value and to reduce the ups and downs in their portfolios. They don’t try to predict every market move but rather look to enhance yield and manage risk through the conservative use of options. He has an M.A. in Economics from Michigan State University and holds NASD Series 3, 7, 63, and 66 securities licenses.


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