Jon Najarian

From MarketsWiki
Revision as of 19:57, 6 January 2014 by RyanLothian (Talk | contribs)

Jump to: navigation, search
OM logo.jpg

Jon Najarian
Jon Najarian.JPG
Occupation Co-Founder
Employer [[optionMONSTER, tradeMONSTER]]
Location Chicago
Twitter @optionMONSTER
LinkedIn Profile
[[Category:optionMONSTER, tradeMONSTER - Current Employees]]

[[Category:optionMONSTER, tradeMONSTER]]

Jon Najarian, known informally by his trading acronym of DRJ or Doctor J., is a trader, market analyst and co-founder of optionMONSTER, a provider of market intelligence, commentary and trading strategies.[1] He is a regular contributor to CNBC's show Fast Money. He has been a member of the Chicago Board of Trade since 1982.

Along with his brother, Pete Najarian, he founded an online brokerage called tradeMONSTER in October 2008, during the worst financial turmoil in three-quarters of a century. tradeMONSTER sends trading information through the Web without requiring clients to download trading software. It is in direct competition with rivals such as OptionsXpress Holdings Inc.[2]


Najarian began his financial career at the Chicago Board Options Exchange in 1981 after a brief stint as a professional football player with the Chicago Bears.[3]

In 1989, he founded Mercury Trading, running the company for 15 years until he sold his floor operations in 2004 to Citadel, one of the world's largest hedge funds.[4][5]

In 1991 Doctor J founded, a financial news site aimed at serious traders.[6]

Najarian was chief market strategist at PTI Securities, a securities and futures firm he co-founded in 1991.[7]

Najarian has been a business anchor for Fox Television Chicago & First Business, a show that airs in 160 markets across the country. He also publishes the proprietary, trademarked HeatSeeker & DepthCharge research on the financial website he and his brother Pete co-founded,[8]

In a draft research paper dated March 10, 2002 from Allen M. Poteshman of the Department of Finance, College of Business at the University of Illinois at Urbana-Champaign, Najarian was cited as concluding from trading activity ahead of the Sept. 11, 2001 terrorist attack in the United State that "somebody knew ahead of time the attacks would occur."[9]

Najarian is an advocate of education, and believes that educated traders are more profitable traders. He regularly hosts free educational webinars through optionMONSTER. He also co-hosts weekend conferences throughout the united stated titled “Invest Like a Monster”, which focuses on basic and mid-level options and equity trading education. [10]

In 2008 Najarian teamed up with his brother Pete Najarian and professional trader Guy Adami to start Drakon Capital (a sister company of optionMONSTER and tradeMONSTER. In 2010 Drakon launched with it's two products stockMONSTER and futuresMONSTER


Najarian attended Gustavus Adolphus College in Minnesota.


  1. About Us. optionMONSTER.
  2. Online brokerage launches into stormy seas. Crain's Chicago Business.
  3. About Us. optionMONSTER.
  4. Jon Najarian. The Money Show.
  5. Jon "DRJ" Najarian. CNBC.
  6. Taking Care of Business with Doctor J.
  7. A Short Memory Is A Trader's Best Friend. Chicago Board of Trade.
  8. Jon Najarian. The Money Show.
  9. Unusual Option Market Activity and the Terrorist Attacks of September 11, 2001. University of Illinois.
  10. Invest Like a Monster Interview. Benzinga.