The Options Insider Radio Network

Options news you can use for Wednesday, June 6, 2018

Trading Block: Last week in review Is the trade war back on the table? The May number are in: OCC cleared contract volume increased 8% in May. Credit Suisse announces 1-to-10 reverse split for $TVIX and $TVIZ effective June 8th. Odd Block: Ratio call spread in Melco Resorts & Entertainment (MLCO), put apocalypse in Nektar Therapeutics (NKTR), and put roll in iShares MSCI Turkey Index Fund (TUR). Strategy Block: Uncle Mike Tosaw discusses how to trade skew. Around the Block: What are we looking at for the upcoming week?

In this episode, Mark is joined by Kapil Rathi, Head of Equity Options at Cboe. They discuss: How many exchanges are too many exchanges? Is it time to reveiw the regulatory environment? Liquidity issues Limiting the live order book SPY volatility products After-hours options trading Listing crypto options And more...  

Options news you can use for Tuesday, June 5, 2018

Volatility Review: A look back at the week from a volatility perspective VIX Cash - 15.43, 3 points higher than last week. VVIX - 95, 5 points higher than last week. VIX Options - ADV: 557k (substantially lower than last show), VIX call/put: 2.8/1, Total 7.00m (5.14m Calls, 1.85m Puts) What about the roll from June to July 37.5? VXX - 35, 1 point lower than last week. Paper buys buys size VXX July call spread. VIX-mageddon revisited: it's the buyers who disappeared Volatility Voicemail: Options question of the week Holiday Weekends are notoriously tough for VIX traders. The markets love to crush Volatility going into these events. So we thought we'd poll the savvy VIX traders in our audience - where do you think VIX will OPEN on Tues 5/29? 39% - Here: 12-14 30% - Higher: 14-16 18% - Lower: 10.5-12 13% - Much Higher: >16 Flash Poll: Let's stick with our Volatility theme to round out the week. Quite simply - which product do you think has the highest 30-day implied Volatility? No cheating (or checking with

Topics this week include: WTI/Crude Gold Equities Ags/Soybeand Rates Crypto Futures Options Feedback: Flash Poll! Let's stick with our Volatility theme to round out the week. Quite simply - which product do you think has the highest 30-day implied Volatility? No cheating (or checking with your broker)! What does your gut tell you? VIX? Bitcoin? TSLA? RUSSELL2000? RUT? IWM? Tesla, TSLA VIX Bitcoin Russell 2000: Emini, RUT Listener questions and comments: Question from Ned Brown -You had a guest on a few weeks back and he mentioned what he thought Bitcoin volatility would be on the options. You would think it would be an instant winning product. I've always thought the tricky part is finding the market makers to provide the liquidity...I assumed the big volatility was the reason crypto options weren't being pushed. Has anyone asked the SEC about them? Question from BB88 -How do I do what Nick said last week to see the options activity on that day's expiring future?

Options news you can use for Monday, June 4, 2018

Trading Block: Trade wars are back on the table. Credit Suisse announces 1-to-10 reverse split for TVIX and TVIZ effective June 8th. Odd Block: Put palooza in Deutsche Bank AG (DB). Opening size call sale in Exeton Corporation (EXC). Calls and puts trade in PagSeguro Digital Ltd (PAGS) Mail Block: Options question of the week Holiday Weekends are notoriously tough for VIX traders. The markets love to crush Volatility going into these events. So we thought we'd poll the savvy VIX traders in our audience - where do you think VIX will OPEN on Tues 5/29? 39% - Here: 12-14 30% - Higher: 14-16 18% - Lower: 10.5-12 13% - Much Higher: >16 Options Flash Poll: Let's stick with our Volatility theme to round out the week. Which product do you think has the highest 30-day implied Volatility? No cheating (or checking with your broker)! What does your gut tell you? VIX? Bitcoin? TSLA? RUSSELL2000/RUT? IWM? Tesla, TSLA VIX Bitcoin Russell 2000: Emini, RUT Listener questions and comments: Comment from Charlie Tunsen - I

Options news you can use for Friday, June 1, 2018

Huddle up, listeners. It's all listener questions today on Options Playbook Radio. Including: Is there a rule of thumb on how many strikes to skip in a skip strike butterfly? What is Brian's favorite underlying for trading options Do you trade options on stocks below $5? Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Options news you can use for Thursday, May 31, 2018

Basic Training: The Return of Volatility! VIX is not dead. VIX jumped from 13.99 on 2/2 to 38.30 on 2/5, and 46.34 on 2/6. What are you thought on the recent resurgence of volatility in the marketplace? Do you think this is a temporary aberration or have we transitioned into a new volatility regime? What is the impact of higher volatility on options strategies? What is the impact of this change for options traders? Mail Call: Options Flashpoll The proposed third exchange from MIAX will raise the total number of U.S. Options Exchanges to 16. Is this a good thing for the options market? Is it the straw that finally breaks the camel's back? Or are you too busy getting great fills to care? 44% - More Exchanges the Better 22% - Please Make It Stop 34% - Don't Care: I get filled Listener questions and comments: Question from Allan Tullman - There was a lot of research last year regarding selling put options to harvest risk premium. Now that volatility is back is this an ideal time to harvest premium via put se

The Buzz: Hot off the heels of the Swan CIO Summit Highlights included: Making Vol Great Again Perspectives on Risk Management A Strategy to Define Risk Where Hedged Equity Fits Many Optiosn with Options Office Hours: What do you want to know? Question from Allan Tullman - There was a lot of research last year regarding selling put options to harvest risk premium. Now that volatility is back is this an ideal time to harvest premium via put selling or does the increased volatility increase the probability of getting whipsawed? Question from Charlie C. - Quick Q for the show: What's the weirdest thing you've seen in the options market? Question from Seveny - When can we expect Swan Crypto? Sure would have been nice in the recent selloff. Question from Dajakal - Is there a good rule of thumb for when to use a ratio spread and how much of a ratio to use? 2X? 3x? More? Also what is best time or scenario for ratios? Question from Duffy - How do you handle the fixed-time aspect of trading options? Most of my clie

Options news you can use for Wednesday, May 30, 2018

Volatility Viewpoint: Today's guest is Tom Lee, Managing Director at Investment Strategy and Research at Parametric. He discusses: What is Parametric? Who are their customers? What do they trade? Harvesting risk premium VIX: Is it rigged? Volatility Review: A look back at the week from a volatility perspective VIX Cash - 12.53 VVIX - 90.5 VIX Options - ADV: 592k, VIX call/put: 2.8/1, Total 6.67m (4.94m Calls, 1.72m Puts) VXX - 33.81 Volatility Voicemail: Options question of the week Holiday Weekends are notoriously tough for VIX traders. The markets love to crush Volatility going into these events. So we thought we'd poll the savvy VIX traders in our audience - where do you think VIX will OPEN on Tues 5/29? Here: 12-14 Higher: 14-16 Lower: 10.5-12 Much Higher: >16 Listener questions and comments: Comment from James1 - I took a flyer on a couple hundred VXX Jan 10 puts for .03 after learning about them on your shows. Seems like I'm not alone as a few hundred thousand others appear to have joined the par

Topics this week include: Gold Equities Crude Futures Options Feedback: Options question of the week. CME Group just announced a new Ether index this week expanding the universe of Crypto indices. But, at the end of the day, we all want more tradeable products. Which derivatives product would you like to see next in the Crypto space? Bitcoin? Ether? Ripple? LightCoin? 76% - Bitcoin Options 9% - Ether Futures 6% - Ripple Futures 9% - LightCoin Futures Listener questions and comments: Comment from Patrick Snoke: The title got me excited for Talking TACOs on TWIFO , I thought we were going to talk about a 2:1 beef-fish pairs trade. Just a suggestion for next time Question from Flyer: How is Bitcoin's volatility calculated? Is the limited supply and abundant demand a current driver upwards for the price? Comment from Milton FMR Institute: Trying to short lumber (LSN18) for two days now but guess what - no way to get the order filled Question from 0OZEI: Can I trade gold-silver spread options on CME?

Options news you can use for Tuesday, May 29, 2018

Trading Block: Earnings! Friday - Foot Locker Best Buy reaffirms guidance - renews concerns about the inroads of Amazon. Monday review: Intuit - 191.30, ATM straddle: 11, approx.7% Gap Inc. (GPS) - 33, ATM straddle: 2.60, approx. 8% Netlifx vs. Disney - Who will come out ahead in the long run? Odd Block: Big selloff in Petroleo Brasil (PBR). Size opening risk reversal in iShares JPMorgan USD (EMB). Call buyer giving up the ghost in Deutsche Bank AG (DB). Mail Block: Options question of the week Holiday Weekends are notoriously tough for VIX traders. The markets love to crush Volatility going into these events. So we thought we'd poll the savvy VIX traders in our audience - where do you think VIX will OPEN on Tues 5/29? Here: 12-14 Higher: 14-16 Lower: 10.5-12 Much Higher: >16 Listener questions and comments: Question from Scott Somer - When doing earnings trades do you ALWAYS default to nearest Friday expiration. Question from Charlotte - How about that move in WWE? You buying calls like crazy? Question

OCC President and Chief Operating Officer John Davidson talks with U.S. Representative Randy Hultgren (R-IL-14) about the outlook for action in Washington, D.C. in 2018, and the most significant financial markets issues facing policymakers.

Jill Malandrino, Nasdaq Global Markets Reporter, moderated a discussion on key innovations and trends in technology and their impacts on the options industry. Moderator: Jill Malandrino, Nasdaq Panelists: Tony Zhang, Options Play Peter Maragos, DASH Travis McGhee, TradeStation