Jeff Augen: Biography, Career, and Business Insights

Jeff Augen’s Profile Summary

Company	Self-employed
Position	Private Investor and Writer
Source of wealth	Algorithmic trading, book royalties from publications on options trading, intellectual property and software development in derivatives pricing, private investments.
Also known as	Author, Biochemist, Technology Innovator.
Age	Unknown
Education	Rice University - Biochemistry, University of Texas Graduate School of Biomedical Sciences - Biochemistry.
Citizenship	No data
Residence	No data
Family	No publicly available information.
Website, Social Media	https://www.amazon.in/Books-Jeff-Augen/s?rh=n%3A976389031%2Cp_27%3AJeff+Augen

Jeff Augen’s biography

Jeff Augen is a well-established figure in both the fields of finance and technology. With over 25 years of experience, he has made significant contributions in various sectors, including options trading, algorithmic trading, and biochemistry. Before venturing into finance, Augen co-founded IBM's Life Sciences Computing business, where he played a crucial role in developing strategies that generated over $1.2 billion in revenue. He has also worked closely with the Mayo Clinic, contributing to a major clinical database system. His interest in trading emerged after the NASDAQ crash, leading him to focus on the mathematics behind options pricing. As a result, Augen became known for his technical expertise in trading derivatives, developing sophisticated algorithms for price analysis. He is the author of several well-regarded books on options trading, including The Volatility Edge in Options Trading and The Option Trader's Workbook. He has also served as CEO of TurboWorx Inc., a software company he helped establish at Yale University. Today, Augen is recognized for his thought leadership in trading, having authored numerous articles and spoken at various industry events

How did Jeff Augen make money?

Jeff Augen makes money in the following areas:

Algorithmic trading, book royalties from publications on options trading, intellectual property and software development in derivatives pricing, private investments.
What is Jeff Augen net worth?

As of 2025, there is no publicly available and reliable information regarding Jeff Augen’s net worth.

What is Jeff Augen also known as?

Jeff Augen is an accomplished author, having published several key books on trading strategies and the technical analysis of options markets. His work has influenced traders globally, particularly through his contributions to understanding volatility and mathematical anomalies in options pricing. Beyond trading, Augen has a background in biochemistry and has applied his scientific expertise to innovations in both the tech and life sciences industries, including work with IBM and the Mayo Clinic on groundbreaking medical technologies

Prominent achievements of Jeff Augen

Co-founded IBM’s Life Sciences Computing business, authored multiple influential books on options trading, developed proprietary algorithms for technical analysis of derivatives, contributed to a significant clinical database project with the Mayo Clinic, held CEO position at TurboWorx Inc., frequent speaker at industry events, and author of numerous articles and editorials.

What are Jeff Augen’s key insights?

Jeff Augen emphasizes the importance of understanding the underlying mathematics in financial markets rather than relying on market predictions. He advocates for short-term trading strategies, focusing on options pricing and algorithmic trading, and warns against following outdated market advice from traditional sources.

Jeff Augen’s personal life

No publicly available detailed information about family members.

Useful insights

Fundamental principles of investing

As someone deeply immersed in the world of finance, I firmly believe that learning the fundamental principles of investing is the cornerstone of financial literacy. The books I recommend here have shaped modern investment strategies, offering timeless wisdom that can benefit both beginners and seasoned investors. These are not just texts, but essential tools to help you navigate the complexities of the financial markets with confidence and insight.

Benjamin Graham – "The Intelligent Investor"
- Summary:
  
  Written by one of the most influential investment thinkers, this book outlines the principles of value investing. Graham emphasizes the importance of analyzing a company’s intrinsic value, long-term investment strategies, and avoiding emotional decisions driven by market fluctuations. The book also discusses defensive investing, focusing on preservation of capital and minimizing risk.
- Why read it:
  
  This is a must-read for anyone looking to understand the core philosophy behind successful long-term investing. Graham’s principles influenced generations of investors, including Warren Buffett, making it an essential guide to navigating stock market risks with a focus on minimizing losses.
Ray Dalio – "Principles"
- Summary:
  
  Ray Dalio, founder of one of the world’s largest hedge funds, shares the life and work principles that led to his immense success. The book covers Dalio’s unique management and investment strategies, focusing on radical transparency, truth-seeking, and the importance of learning from mistakes. It also provides practical insights into organizational behavior and personal growth, making it valuable beyond just investing.
- Why read it:
  
  Dalio's "Principles" is a treasure trove of wisdom for investors and business leaders who wish to improve their decision-making. It’s a guide on how to align personal and professional life through well-defined, actionable rules.