About the Author
STUART A. McCRARY is a principal with Chicago Partners LLC and specializes in options, mortgage-backed securities, derivatives, and hedge funds. As president of Frontier Asset Management, McCrary created and managed his own hedge fund before joining Chicago Partners. He has also worked as a senior options trader at Fenchurch Capital Management, as vice president in the mortgage department and in proprietary trading at First Boston Corporation, and as a portfolio manager with Comerica Bank. He has taught graduate-level courses in creating and managing a hedge fund at the Kellstadt Graduate School of Business at DePaul University and courses in financial engineering at the Stuart School of Business at the Illinois Institute of Technology. He received his BA and MBA from Northwestern University.