• OptionAlarm subscribers can use OptionsHouse to automatically make trades based on OptionAlarm's model portfolio

CHICAGO -- May 21, 2008 - OptionsHouse, Inc. ("OptionsHouse"), an online retail and institutional brokerage firm, announced today a partnership withOptionAlarm, a provider of options-trading tips. Subscribers ofOptionAlarm will be able to sign on to OptionsHouse's Auto-Trading service to execute trades based on OptionAlarm's model portfolio.

OptionsHouse's Auto-Trading service will provideOptionAlarm subscribers with the ability to automatically implement the investment ideas based on a trading model formed by Dan Micovic, the founder of Chicago-based OptionAlarm. OptionAlarm subscribers must agree to follow the trades recommended by Micovic before joining the service. Whenever Micovic issues a trade in his model portfolio, OptionAlarm will electronically notify OptionsHouse and a trade will automatically be sent to market on behalf of the account holder.

“We are excited about our new relationship withOptionAlarm," said John Hass, chief executive officer for OptionsHouse. "We realize many traders follow theOptionAlarm model, so we want to make certain these customers are able to trade in a timely fashion through our sophisticated platform.”

TheOptionAlarm model is based on computerized trading charts mixed with Micovic's fundamental analysis. Micovic started the service in July 2006.

Micovic has spent more than 15 years in the brokerage industry, where he has traded options and conducted classes for new traders. He has been involved with numerous brokerage firms, including Terra Nova Trading, TD Ameritrade and Gruntal & Co.

“This is a wonderful opportunity forOptionAlarm to be aligned with OptionsHouse, which offers a seamless trading process," said Dan Micovic,OptionAlarm founder. "Our subscribers asked us to work with OptionsHouse, saying they were impressed by the site.”

Traditionally, subscribers of sites that provided trading tips were required to sit down and spend hours monitoring the markets and making trades themselves. With OptionsHouse's Auto-Trading service, subscribers are able to sign on and the trades in their portfolio will automatically follow the trades in theOptionAlarm model portfolio.

Press Contact

OptionsHouse, LLC
Beth Gaston Moon
312-676-8800
bmoon@peak6.com

About OptionsHouse:
OptionsHouse, LLC, is an online stock and option broker delivering a fast, streamlined trading experience on its professional-grade trading platform, accessible at OptionsHouse.com. OptionsHouse's flat-rate commission structure offers online trading of $9.95 per option trade and $4.95 per stock trade, with no escalating fees, regardless of size.*

In Barron's 2008 survey of Online Brokers, OptionsHouse earned a four-star rating and its innovative platform was ranked number-one for "usability."¹ A licensed FINRA broker-dealer, OptionsHouse, LLC was founded in 2005 and is a subsidiary of proprietary option-trading firm, PEAK6 Investments, L.P.

About PEAK6:
Established in 1997, PEAK6 Investments, L.P. ("PEAK6") is a leading financial institution in Chicago with an established track record of success in proprietary trading. PEAK6 is also rapidly expanding its commercial focus to include innovative initiatives in asset management and online media.

OptionAlarm was established in 2006 by Chicago-based founder Dan Micovic. OptionAlarm is an option trading and research service that functions independently, utilizing proprietary Falcon Scanning System (FSS). This program has been designed and developed to filter the markets for any unusual activity in both Stocks and Options. OptionAlarm will solely focus on option activity.