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DiscoverOptions Personal Mentors
The DiscoverOptions mentors are experienced options educators and market-makers that will
personally guide you through the program at your own pace.
 Steve Lentz heads up DiscoverOptions Mentoring and is a well-established options educator and trader who has
spoken all over the United States, Asia and Australia on behalf of the CBOE’s Options Institute, the
Options Industry Council and the Australian Stock Exchange. Steve is constantly developing new strategies on
the use of options as part of a comprehensive profitable trading approach. He regularly speaks at special events,
trade shows and trading group organizations.
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 Frank Fahey has over 15 years of experience in options trading as an independent Market Maker and as a
Member of the Chicago Board of Options Exchange (CBOE) and the Chicago Board of Trade (CBOT). In these roles,
Frank traded in open outcry for proprietary and individual accounts in several equity and agricultural option
pits, and had sole responsibility for implementation of trading strategies emphasizing risk/reward potential
of stock and option positions. Frank's successes spanned the crash of 1987, takeovers, reorganizations, and
the boom and bust of the dot-com era.
Frank was also a beta tester and Member of the CBOE Handheld Execution Committee. He has a proven track
record of superior results in high risk-reward corporate and entrepreneurial environments and is certified by
the Options Industry Council as an instructor on basic and advanced options strategies.
In addition to mentoring our clients, he is currently trading his own account and pursuing entrepreneurial
ventures. He has an MBA from the University of Notre Dame, an MA from Northwestern University, and is a
Member of the Security Traders Association.
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 Steve Papale has over 20 years experience as an economist, options Market Maker, risk manager and
trader. From 1987 to 1999 he was a Market Maker at the CBOE and CME trading stock index, currency and
individual stock options. Since leaving the floor he has managed one hundred traders at a proprietary
trading firm as well as advised individuals, advisors and institutions on how to effectively implement
options as a portfolio management tool. Steve was also an off floor Market Maker in the S & P 500 e-mini
options and Eurodollar (EOS) options as well as an advisor to clients on options strategies and asset
allocation. He has an M.A. in Economics from Michigan State University and holds NASD Series 3, 7, 63, and
66 securities licenses.
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 Ken Dole is a Stock Broker and Technical Analyst who has been with the full service securities
brokerage JKR and Company since 2003. As well as mentoring our clients, he is working with high net worth
clients on options trades at JKR and Co. and performing options research. He has an entrepreneurial
retail business background and he has trained end users on the use of OptionVue software at events in and
around the Los Angeles area since 2005. Ken currently holds NASD Series 7 and 63 securities licenses.
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