Sheldon Natenberg began his trading career in 1982 as an independent market maker in equity options at the Chicago Board Options Exchange. From 1985 to 2000 he traded commodity options, also asan independent floor trader, at the Chicago Board of Trade.
While continuing to trade, Mr. Natenberg has also become active as an educator. In this capacity he has conducted seminars for option traders at major exchanges and professional trading firms in the United States, Europe, and the Far East. In 2000 Mr. Natenberg became Director of Education at Chicago Trading Company, a proprietary derivatives trading firm. He held this position until his retirement in 2015.
Mr. Natenberg is the author of Option Volatility and Pricing: Advanced Trading Strategies and Techniques. The book addresses many of the special problems of the professional trader, with particular emphasis on the practical aspects of option evaluation and risk management.
Mr. Natenberg holds a degree in mathematics from the University of Illinois at Champaign.