You probably won’t find Cem Karsan in an office. In order to talk to the veteran volatility trader and derivatives expert you have to go to the “open outcry pit” of the Chicago Board Options Exchange (CBOE), where traders gather like they did in the age before online brokerages to bark buy and sell orders.
Karsan, founder and senior managing partner of Kai Volatility Advisors, has leveraged his decades of experience on the trading floor of the CBOE to develop a loyal Twitter following of over 115,000. It’s a rare feat for someone who works in a corner of the market that’s often underappreciated by retail investors, but Karsan has been dishing out prescient predictions about stocks’ twists and turns on a regular basis.
