The Options Insider Radio Network

Options news you can use for Tuesday, April 24, 2018

Topics this week include: Crude Gold/Metals Indices Bitcoin Futures Options Feedback: Listeners have their say Question from GWCH - You buying that this cryptocurrency rally is based on the sharia law approval? Question from Kennedy -Soros is getting into Crypto. Time to sell? Comment from CTWills - The news of a 16th options exchange make me appreciate the predominantly centralized futures options market. With so many exchanges it's hard to even get a 10-lot spread off these days. Question from Taz41 - Can the strategy screener tool handle ratio spreads and iron condors? Thanks for the great show and so many great tools. Question from BLIO3T -Which products are the ones that you guys have the hardest time wrapping your heads around? For me, it's the hogs. No thanks. Comment from Tom Frank - Not sure I agree with your consensus that covered calls are better for novice options traders. Puts typically have higher implied volatility and should generate higher returns than covered calls over time and have a be

Volatility Review: A look back at the week from a volatility perspective. VIX Cash is still hanging around in the teens. VVIX - 97, pretty much unchanged from last week. VIX Options - ADV: 1.05M, VIX call/put: 2.6/1, Total 6.29m (4.55m Calls, 1.74m Puts) How is the VIX July 10-75 strangle doing? VXX - 42.50 OIV - 26.5, 2.5 points lower than last week. GVZ: 12.25, 1.25 points lower than last week. Volatility Voicemail: Last week's volatility flash poll Which product/segment do you think will experience the most Volatility over the coming trading week (through the close on Friday 2/20) SPY SPX VIX WTI Crude Gold Bitcoin BTC GLD USO 28% - S&P500: SPY, SPX. VIX 8% - Gold: GLD, Comex 28% - Crude Oil: WTI, USO 36% - Bitcoin: BTC Options question of the week VIX is back in the mid-teens. Are you buying this Volatility reprieve or is this merely calm before the storm? Quite simply - Where do you think VIX will end the week? Here: 16-18 Higher: 18-20 Even Higher: 20-25 Lower: 14-16 Yet Another Options Flash

Options news you can use for Monday, April 23, 2018

Office Hours: It 's all listener questions today Comment from Avery - Interesting piece about when to fire your financial advisor on the street today. Your thoughts? https://www.thestreet.com/story/13747897/1/5-justifiable-reasons-why-you-can-and-should-fire-your-financial-advisor.html Question from B. Goldberg - I have a large number of SMAs with smaller balances (typically $5,000 - $10,000) from new clients. Most are younger clients willing to try their hands at newer products beyond stocks including options. What are some good options use cases for these types of smaller accounts? Question from Leslie Necing - Morningstar has an option-based category for their funds. But it includes everything from volatility funds to overlays so it 's hardly useful for comparison purposes. What categories should they include to provide more meaningful comparisons for people looking for options funds? Question from Scott Somer:How would movement to treat capital gains to FIFO for the underlying stocks be good or bad for t

Trading Block: That's right. We are up to 16 exchanges now. MIAX Options and MIAX PEARL options exchanges, today announced that it intends to launch MIAX Emerald as its third fully electronic options exchange in 2019. Options Flash Poll: The proposed third exchange from MIAX exchange 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? More Exchanges the Better Please Make It Stop Don't Care: I get filled Earnings: E-Trade - 58.50, ATM straddle ~ 2, approx. 3.5% Netflix (from Monday) - 307, ATM straddle ~ 28, approx. 9% Odd Block: Well-times paper in VIX (VIX). Put love in Market Vectors Semiconductor ETF (SMH). Deep ITM calls in NXP Semiconductors NV (NXPI). Call spread in Alcoa Corp (AA). Mail Block: Last week's options question of the week. SPOT is the latest hot IPO to join the Options market. So many recent Options listings started off hot then su

Options news you can use for Friday, April 20, 2018

Welcome to Options Playbook RadioOn this episode we discuss: A review of our earnings trade in NFLX A complete breakdown of our new earnings skip-strike butterfly in GOOGL.

Options news you can use for Thursday, April 19, 2018

Options news you can use for Wednesday, April 18, 2018

Trading Block: What is happening that might move the markets? Calm coming soon? A silent Trump Twitter account helps. A calmer backdrop for equities would bring pain to speculators, or more kindly, reduce the value of their hedges. Earnings Season Is Set to Crush Volatility Once Again Earnings: Monday - Netflix (after the bell) $307, ATM straddle $28, approx. 9% Tuesday - IBM, Johnson & Johnson, United Wednesday - American Express, Alcoa, Abbott Thursday – E*Trade Friday - GE, P&G, Honeywell, Waste Management Odd Block: More Jan 2019 50 "catastrophe" puts in Tesla Motors (TSLA). Closing roll to puts in Yandex NV (YNDX). Call love in Devon Energy Corp (DVN). Short puts in PagSeguro Digital Ltd (PAGS). Strategy Block: Uncle Mike Tosaw discusses synthetic trades. Around the Block/Economic Reports: Apr 16 - Retail Sales, Business Inventories, Treasury International Apr 17 - Housing Starts, Industrial Production Apr 18 - Beige Book Apr 19 - Jobless Claims

Options news you can use for Tuesday, April 17, 2018

Special Guest Co-Host - Tracy Shuchart, @CHIGIRL Topics this week include: Crude/WTI Gold/Metals Futures Options Feedback/Volatility Flash Poll Which product/segment do you think will experience the most Volatility over the coming trading week (through the close on Friday 2/20) SPY SPX VIX WTI Crude Gold Bitcoin BTC GLD USO S&P500: SPY, SPX. VIX Gold: GLD, Come Crude Oil: WTI, USO Bitcoin: BTC Listener questions and comments: Question from Ken Aidan -I'm a crude swinger mostly trading short-term direction intraday in the futures. Are the options good for this use case or is that more for long term strategies? Question from Luke T. - Why does USO suck so badly? Not sure why anyone would trade this over the futures? Question from Thomas F. - I used to trade a lot of spy options but I've been lured over to the eMinis. Not sure why more people don't trade these things. What do you think it is that keeps people trading spy instead of eMini and what can be done to bring them to the dark side? Question from

Volatility Review: A look back at the week from a volatility perspective. VIX Cash is back in the teens. Could it possibly reach 15 again? The market is tanking and rallying on both trade war and real war concerns. VVIX - 97 VIX Options - ADV: 1.05M, VIX call/put: 2.2/1, Total 8.50m (5.85m Calls, 2.66m Puts) Paper sells May 20/22 call spread and buy May 17 puts 84,000 times. VXX - 47, almost unchanged from last week. Bitcoin futures up another 400 today. Volatility Voicemail: Volatility Flash Poll Which product/segment do you think will experience the most Volatility over the coming trading week (through the close on Friday 2/20) SPY SPX VIX WTI Crude Gold Bitcoin BTC GLD USO S&P500: SPY, SPX. VIX Gold: GLD, Comex Crude Oil: WTI, USOF Bitcoin: BTC Listener questions and comments: Question from Loades - What will it take to get VIX back into the 15 handle? Comment from Jack -I'm with the questioner from last week. It's a huge pain to figure out which VIX future the weekly options are trading on. CBOE

Options news you can use for Monday, April 16, 2018

CTO Interview: Today we feature special guest co-host Peter Maragos, CEO, Dash Financial. Catching up with Dash: When Peter was last on Dash had just acquired the LiquidPoint business from Convergex with the help of private equity firm GTCR. Now they've just partnered with Flexpoint Ford, another PE firm. What was the impetus behind the second transaction? Dash has an impressive suite of diverse products and services - smart order routers and algos, the Dash360 analytics platform, trading workflow tools, an options ATS and even human traders. What are the upcoming projects/initiatives at Dash? Peter's views on crypoto trading Hot Topics in Tech: Smart Routers Today's topic was inspired by the following listener question: Question from See16: Can you please do a deep dive into smart routers on a future program? They are the secret sauce of the market these days but no one really seems to understand how they work. Shedding some light on the otherwise dark world of routing would be a great service. Smart Rout

Trading Block: A look back at what moved the market this week Volatility ETFs nearly double. Top Performing ETFs of the Year Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board Why Bitcoin Behaves Like the Flu Odd Block: More Jan 2019 50 "Catastrophe" puts in Tesla Motors (TSLA), sweep puts in CNH Industrial NV (CNHI), line in the sand puts in L Brands Inc (LB), call butterfly in Facebook (FB) Strategy Block: ;Uncle Mike Tosaw discusses when to close shorts Mail Block: Options question of the week SPOT is the latest hot #IPO to join the #Options market. So many recent #Options listings started off hot then suddenly cooled. So we have to ask - which hot recent #IPO will you still be slinging #Options on in 2019? SPOT DBX SNAP Other (Reply/DM w/choice) Listener questions and comments: Question from Ladmos - Feeling the pain on this TSLA rundown. Probably should have rolled my puts last week rather than waiting for this week when they are now ITM. If stock hits $295 then I’m definit

Options news you can use for Friday, April 13, 2018

In this episode, Brian looks at a NFLX butterfly before earnings, including: Selecting strikes & expiration Watch out for skew Plan the trade, trade the plan And more...

Options news you can use for Thursday, April 12, 2018