Trading Options With BookingAlpha's Trevor Vernon

Throughout his career, Trevor Vernon has been involved with everything from Forex and commodities to day-trading, and everything in between. But when he founded BookingAlpha, Vernon decided it was best to focus his efforts on one area of expertise: options. “[We] do one thing and we do it well,” Vernon told Benzinga during a recent interview. “We also operate a hedge fund here, Booking Alpha Capital. We have less than $15 million right now. It's a very small fund.” Full Interview: Trevor Vernon, Founder Of BookingAlpha.com - Bulls, Bears, & Iron Condors - Zing Talk Vernon said that the fund was much bigger in the past, but was liquidated to help provide money to family and friends. “Due to demand, we are gonna be opening for new investors [this year],” Vernon revealed. “We're really excited to bring in some new assets and grow the fund.” Prior to starting BookingAlpha, Vernon was a principal in another hedge fund. “I headed up the options trading,” he said. “There were other companies that were under that fund. It was a little bit different from what most people designate a hedge fund. We were more of a holding company, but I directed the securities trading.” To hear more from BookingAlpha's founder – including the stocks that are making his hedge fund a success [hint: Hewlett-Packard HPQ] – don't miss Benzinga's full interview with Trevor Vernon.