The Options Insider Radio Network

Options news you can use for Wednesday, June 13, 2018

Trading Block: What is happening in the markets this week? Stocks shake off G7 row as investors await US-North Korea summit Bitcoin tumbles as hackers hit South Korean exchange Coinrail New research shows European demand for US equity options remains strong Odd Block: Funky closing spread in Owens Corning (OC), call love in BGC Partners, Inc. (BGC) and playing with house money in Beacon Roofing Supply (BECN). Strategy Block: Uncle Mike Tosaw discusses Bitcoin/crypto future. Mail Block/Options Question of the week GoogleTrends is full of interesting, and surprising, data. When you analyze the "options" search data you uncover some surprising results. Which brings us to this week's question: Which "subregion" is currently ranked 1 for overall "options" interest by Google? 33% - Illinois 23% - California 32% - New York 12% - Maine Listener questions and comments: Question from EAQ -Can you always rely on the bid ask spread when you're analyzing unusual options activity? Seems like that can be gamed? Around

Options news you can use for Tuesday, June 12, 2018

Volatility Review: A look back at the week from a volatility perspective. VIX Cash: 12.21 and as high as 13.30. VVIX - 93 VIX Options - ADV: 535k, VIX call/put: 2.6/1, Total 7.95m (5.78m Calls, 2.17m Puts) The return of the 1x2? Plenty of call love yesterday Paper sells call June vertical yesterday Volatility Voicemail: 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? 34% - Tesla, TSLA 21% - VIX 35% - Bitcoin 10% - Russell 2000: Emini, RUT Listener questions and comments Question from Lisag - I'm confused. Why would someone by such an outlandish vertical in a product that essentially rots to zero? Comment from Kaijan - I would sell that VXX July call spread all day long. In fact I did! Thx for giving me the idea on your last show. Keep up the vol fun! Question from Deville - Great sh

Today's CME hot seat guests are Eric Baum, Senior Commodity Trader, and John Rothstein, Chief Operating Officer at Optiver US. Topics this week include: Ags Corn Soybeans Equities/RVX Crude/WTI 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? 34% - Tesla, TSLA 21% - VIX 35% - Bitcoin 10% - Russell 2000: E-mini, RUT Listener questions and comments: Question from Toni - I've been listening to TWIFO since the launch (along with Vol Views and Advisors Option). Thanks for so many hours of listening and learning. I think I have a problem with TWIFO though because you guys are slowly luring me to the "dark side" of Ag products. But I'm not really sure where to begin because I'm a complete novice when it comes to agriculture (mostly trade spy and single name equity o

Options news you can use for Monday, June 11, 2018

In this episode, Mark is joined by Ollie Cadman, Head of Business Operations at Vela. They discuss: The Vela acquisitions spree How are the integrations of Options City and Object Trading going? The challenge to grow as business contracts Has there been increased interest in options from their clients? What about API access The fight for screen access What are the upcoming improvements for the Options City platform? Vela and crypto And more

In this episode, Mark is joined by Mandy Xu, Director and Chief Equity Derivatives Strategist at Credit Suisse. They discuss: How did Mandy discover equity derivatives research? Is this the beginning of a new volatility regime? February's technical dislocation Expecting range-bound volatility The correlation component What are the key drivers of volatility? Why VIX is not the best measure of risk Does Credit Suisse have a proprietary volatility instrument? And more...

Trading Block: Earnings! Monday - Dell, PaloAlto, CSMC, Orion Tuesday - HD Supply, Duluth Trading, Navistar Wednesday - Signet, Knot, SecureWorks, Thursday - Smuckers, Broadcom, At Home Warren Buffett and Jamie Dimon join forces to convince CEOs to end quarterly profit forecasts Odd Block: Size opening puts in Banco Bradesco (BBD), Size opening call sale in Analog Devices, Inc. (ADI). Mail Block: Options question of the week Google Trends is full of interesting, and surprising, data. When you analyze the "options" search data you uncover some surprising results. Which brings us to this week's question: Which "subregion" is currently ranked one for overall "options" interest by Google? Illinois California New York Maine 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

Options news you can use for Friday, June 8, 2018

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.

In this interview, Mark is joined by Rob Brogan, Vice President of Equity Derivative Servies at FlexTrade. They discuss: Monitoring real-time risk APIs vs front end The fight for screen space Liquidity issues Too many strikes, too few trades And more...

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