Options Income Tools at E*TRADE

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In this session we will focus on the tools at E*TRADE that empower basic income strategies: covered calls, cash secured puts, and the options “wheel.”


Steve Claussen
Executive Director, Investor Education, E*TRADE from Morgan Stanley

Steve Claussen is the head of the Investor Education team, with further responsibility defining E*TRADE from Morgan Stanley’s active trader strategy across several product verticals.

Mr. Claussen was the head of client strategy at OptionsHouse prior to it being acquired by E*TRADE in 2016. Before joining OptionsHouse, Mr. Claussen spent several years, as Managing Director head of derivatives trading at Wachovia Securities, LLC. Previously, Mr. Claussen spent five years overseas in Tokyo and London as executive director head of trading for Swiss Bank Corp, focused on Asia-Pacific derivative products. Mr. Claussen began his trading career on the Chicago Board Options Exchange as head market maker for O’Connor and Associates, LLC, trading in the S&P 500 and OEX options open outcry pits.

Shawn Howell, Vice President and Senior Strategist
Investor Education at E*TRADE from Morgan Stanley

Over the last 29 years, Shawn Howell has worked with some of the world's leading brokerage and training firms including Charles Schwab, Investools, Thinkorswim Group. He's been a broker, trader, educator, consultant, and executive, as well as co-author of the book Trading By Numbers (Wiley 2012). In 2017, Shawn joined the E*TRADE content and education team as a Director of Investor Education. He specializes in options education and has taught globally in partnership with The Options Industry Council, Cboe OPTIONS INSTITUTE, Scotia iTRADE, Saxo Bank, and the TradersEXPO. Shawn holds industry licenses including FINRA Series 7, 63, 8 and graduated from the University of California, Santa Barbara in 1990. Now, with his two adult children starting their own careers, Shawn and his wife split their time between the family ranch along California's central coast, a mountain house in the Sierras and traveling internationally. 

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