I have been involved with options trading since being hired as a runner on the Chicago Board Options Exchange (CBOE) in 1978. After five years as a runner, phone clerk and floor broker I began my career as a market maker. I primarily made markets in equity options at the CBOE but I also made markets on the Chicago Board of Trade (CBOT) in Treasury futures and options on soybean oil futures. My knowledge of options trading runs about as deep as anybody on the planet.