Leading clearing and risk experts join together to discuss the challenges of being a clearing firm in today’s volatile markets. Sponsor: Sterling Trading Tech Moderator: Steve Crutchfield, Head of Market Structure, CTC Trading Group, LLC Panelists: Alicia Crighton, COO Options, Futures and OTC Clearing Businesses, Goldman Sachs Mike Dennis, U.S. Head of Relationship Management, ABN Amro Clearing Chicago, LLC Frank Magnani, Global Institutional Sales, Interactive Brokers Group, LLC Kevin McCarthy, Head of Professional Clearing, Bank of America Merrill Lynch Global Markets

Options news you can use for Thursday, May 9, 2019.

Today we are using the S&P 500 to sell some at the money option premium.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected]. 

Listen to the keynote address presented by Former Florida Governor Jeb Bush at the Options Industry Conference 2019.

Thomas Peterffy, Chairman and Founder of Interactive Brokers Group, Inc and Blair Hull, Founder, Hull Trading Company  talk about where it all began and more.

A discussion with modern day business visionaries growing the options business in very different ways. Sponsored by: OptionsPlay Moderator: Eric Cott, Director Education, OIC Panelists: Matthew Amberson, Principal, Option Research and Technology Services Ryan Belanger-Saleh, Co-CEO and Founder, Gatsby Tony Zhang, Chief Strategist, OptionsPlay

This OIC sponsored study was presented by Edward Szado, Ph.D., CFA®,  Assistant Professor at Providence College, the Director of Research of the Institute for Global Asset and Risk Management (INGARM).

Joe Bracco, Senior Vice President, Head of Sales, MIAX Jim Toes, President & CEO, Security Traders Association Ellen Greene, Managing Director, SIFMA Julie Bauer, Executive Vice President, Government Relations and Investor Education, OCC Amy Lawson, First Vice President, Product Development, OCC Mary Savoie, First Vice President, Investor Education, OIC Paul Kenyon, Head of Sales and Relationship Management, New York Stock Exchange Tanya Patwa, Managing Director, U.S. Options, Nasdaq John Palmer,  Sr. Director, Head of Multi-listed Options, Cboe Global Markets Patty Schuler, Vice President, Business Development, BOX Options Exchange

Welcome & Opening Remarks Thomas P. Gallagher, Chairman and Chief Executive Officer, MIAX

Options news you can use for Tuesday, May 7, 2019.

CRYPTO HOT SEAT Guest: Matt Trudeau, Chief Strategy Officer, ErisX     BITCOIN BREAKDOWN Still in rally mode - BTC up to 400 handles from last show($5738)     THE ALTCOIN UNIVERSE Top coins by market cap: Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Litecoin,

Learning to trade options can be intimidating and speaking to your clients about options can be just as difficult. Options can play a variety of roles in different portfolios and if you have a clear idea what your clients want to achieve, options will provide you the framework to meet those needs. Clear financial goals aligned with the appropriate options strategy provides a far better conversation with clients rather than no conversation at all and it all starts with education.

  HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MARK SEBASTIAN, OPTION PIT CO-HOST:  MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT   CO-HOST: COLIN SONGER, FIDELITY INVESTEMENTS    TRADING BLOCK Big earnings week ahead. Highlights: Monday: Tyson Foods (TSN) before market open; Hertz (HTZ) after market close Tuesday: Allergan (AGN), Anheuser-Busch Inbev (BUD), Crocs (CROX), Mylan (MYL), Regeneron (REGN) before market open; Electronic Arts (EA), Lyft (LYFT), Match Group (MTCH), Papa John’s (PZZA), TripAdvisor (TRIP), Wingstop (WING) after market close Wednesday: Chesapeake Energy (CHK), Coty (COTY), Honda Motor (HMC), Wendy’s (WEN) before market open; ANGI Homeservices (ANGI), Etsy (ETSY), IAC/InterActiveCorp (IAC), Roku (ROKU), Disney (DIS) after market close Thursday: Cronos Group (CRON), Norwegian Cruise Line (NCLH) before market open; Booking Holdings (BKNG), Dropbox (DBX), GoPro (GPRO), Sonos (SONO), Yelp (YELP), Zillow (ZG) after market close Friday: JD.com (JD), Marriott International (MAR), Tribune Media (TRCO), Viacom (VIAB) before market open Uber IPO on Friday, May 10.     ODD BLOCK Size paper in Walt Disney Co (DIS) Call overwrite in Iqvia Holdings Inc (IQV) Put sale in 3D Systems Corporation (DDD)     STRATEGY BLOCK Uncle Mike Tosaw discusses the advantages and disadvantages of getting out before your target fill.   MAIL BLOCK #Options #QOTW - #EarningsSeason continues to rock and roll.  Many big names are on the docket this week including $GOOGL, $APPL, $GE, $MCD and many more. Which of these big names are you most excited to trade in your #Options portfolio this week? - GE - AAPL - GOOGL - MCD Question from Son Of Algos - Do you have Spock look-a-likes? Question from Bluz - Does Tosaw do long term collars on more than just silver?     AROUND THE BLOCK This Week in the Market May 7: JOLTS May 9: Jobless Claims, International Trade, PPI May 10: CPI, Treasury Budget

VOLATILITY VIEWPOINT Host: Mark Longo, The Options Insider Media Group Co-Host: John Smollen, EVP, Head of Exchange Traded Products and Strategic Relations, MIAX Co-Host: Simon Ho, CEO, T3 Index   VOLATILITY VOICEMAIL Comment from Allegheny Lad - Cheers to the listener who said they hedge their VXXB downside with alcohol. I feel their pain and I raise my glass in solidarity. I find a nice Jameson on the rocks seems to “hedge” most effectively - but yummy. Thanks for your fine program. Question from Charlie C - Quick question for the show - What’s the weirdest thing you’ve seen in the options market? Question from Miller - Hello Volatility Views! Love this show. Is there some sort of volatility summit where the different players in the space get together to discuss the issues in the market, how to address them and what’s coming down the road?  

Options news you can use for Monday, May 6, 2019.

Today we are discussing a skip strike butterfly in Amazon.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected]. 

Guest: Russell Rhoads   Topics this week include Crude Oil Metals/Gold Equities/Russell 2000       FUTURES OPTIONS FEEDBACK Comment from MCB - Took Dogecoin profits this morning. This crypto rally can't get much hotter! Question from Lightcon - Why no brent love on the show? Comment from Lachlan comport - Best options podcast full stop. Question from Colby Alvarez - What is the weirdest print you’ve seen go up on this show?

INTERVIEW BLOCK Guest: Greg Stevens, Vice President - Fidelity Investments     MAIL BLOCK Question from Mart03 - What is the cheapest way to buy a put? Question from Flyer - What are some of the best ways to trade put options? Question from Lincan - My go to options strategy is to sell covered puts on stocks that I want to buy then get paid to wait. If the stock comes my way I eventually trade out of it using a covered call. What do you think? Savvy or stupid?

Options news you can use for Thursday, May 2, 2019.

Tune in as host Joe Burgoyne interviews Tony Zhang, Chief Strategist at OptionsPlay, about debit spreads. Learn the definitions and considerations that may be helpful when deploying this slightly complex strategy. Then, Joe will review valuable tools and resources that are currently available on OIC’s website.

TRADING BLOCK Most active equity options: DIS, BAC, AAPL, TSLA, GE, FB, COTY, INTC, TWTR, AMD Earnings Highlights: Monday - Spotify (before bell), Alphabet (after bell) Tuesday - GE, McDonalds, Pfizer, Merck, GM, Apple Wednesday - Qualcomm Thursday - Activision Blizzard, Herbalife Friday - Cboe       ODD BLOCK Call love in Hartford Financial Services Group Inc (HIG) Line-in-the-sand puts Nordstrom, Inc (JWN) Put love in Qurate Retail Inc (QRTEA)         STRATEGY BLOCK This week we discuss some thoughts on calculating the expected move of a stock going into earnings       MAIL BLOCK #Options #QOTW - #EarningsSeason continues to rock and roll. Many big names are on the docket this week. Which of these big names are you most excited to trade in your #Options portfolio this week? - $GE - $AAPL - $GOOGL - $MCD Question from AGDC - How much did you guys love #Endgame?         AROUND THE BLOCK This week in the market: Apr 29 - Personal Income and Outlays Apr 30 - Consumer Confidence May 1 - Construction Spending, FPMC Meeting May 2 - Jobless Claims, Factory Orders May 3 - Unemployment, International Trade

VOLATILITY REVIEW SPIKES - 13, up 0.75-point from last show. VIX Cash - 12.75, up 0.5-points higher than last week. VVIX - 84,  1-point lower than last show VIX Options: Friday - 148, ADV - 459k, Total 7.41m (6.19m Calls, 1.22m Puts) VXXB - 25.3, 1.3-points lower than last show. Earnings Highlights: Tuesday - Twitter, Snap Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal, WWE Thursday - Amazon, Starbucks, Intel, Grubhub, Mattel         VOLATILITY VOICEMAIL #Options #QOTW: $TSLA open interest continues to be dominated by far #OTM "Mystery Puts." The lion's share of the OI is at the 100 strike and below. There are many reasons for this. But it leads to a simple question - do you think  $TSLA be below $100 by Jan expiration? - Yes - No Question from Vivic 3 - Now that spikes is live what is the status of the other vol newcomers that have appeared on your show like Voldex and Volx? Question from Benson H - Is there any clear winner for earnings season right now for a volatility trader? Is it short vol or long vol that’s winning the day right now?       CRYSTAL BALL Two weeks ago: Mark L. - 13.25 Mark S. - 12.37 Next week: Mark L. - 12.75 Mark S. - 12.37

Topics this week include: Crude Oil Ags Metals/Gold Equities/Russell 2000       FUTURES OPTIONS FEEDBACK Question from DeSanya - Can you get the dairy folks on the show from CME? Also is CME planning to list more crypto anytime soon?

TRADING BLOCK Welcome to our 800th episode! Most active indices: VIX - 348k, SPY - 1.14M, SPX - 572k Most active equity options: FB, TSLA, MSFT, AAPL, DIS, AMD, TWTR, T, SNAP, BAC Earnings Highlights: Tuesday - Twitter, Snap Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal, WWE Thursday - Amazon, Starbucks, Intel, Grubhub, Mattel       800th EPISODE MAIL BLOCK PALOOZA #Options #QOTW: $TSLA open interest continues to be dominated by far #OTM "Mystery Puts." The lion's share of the OI is at the 100 strike and below. There are many reasons for this. But it leads to a simple question - do you think  $TSLA be below $100 by Jan expiration? - Yes? - No? Question from Arbitar - What’s the real reason that you think so many people are gobbling up crazy Tesla puts? Comment from BTCVIX - Way back in 2012 and 2013 I started listening Longo and the rest of the crew -- I am pretty sure I am on record at some point asking the first Bitcoin question late 2013. Obviously I choose to stick with my taste in volatility world and choose my name as @BTCVIX lol Question from Rayman5839 - Hi! Is the option premium counted toward exercising an option when in the money?. New to options, thanks...So it would only be profitable if the intrinsic value heavily outweighs extrinsic? Question from Vaseris - Hello OB. Do you guys think there is one thing that all options traders do that is a mistake? Question from Big T - I’ve been listening to this show since the early days and am incredibly thankful for the years of great content and education you have provided. I would like to show my support and gratitude in some way for all that you’ve done. Do you have a store or a Patreon or something that I can buy to say thanks for making such a great network?

Today we are discussing a bearish trade on Tesla.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected]. 

BITCOIN BREAKDOWN Bitcoin is back in rally mode - up nearly $260 from last show. Bitcoin price RSI confirms possible long-term bull reversal. As a result, BTC may rise to the former support-turned-resistance of $6,000 over the next couple of months. Tennis Star Serena Williams reveals investment in Coinbase       THE ALTCOIN UNIVERSE Top 10 coins by market cap - Bitcoin, Ethereum, XRP, EOS, Bitcoin Cash, Litecoin, Stellar, Cardano, TRON, Monero       CRYPTO QUESTIONS Question from Angelo - Why do you usually quote realized 30 for BTC instead of implied? Surprising since you’re an options guy. Question from Nelverse - Does the bitcoin options skew show that it will continue to rally or selloff? Question from Simone - Is it possible for American retail traders to trade covered calls on BTC/USD? I think that trade would have fared well for most of Q1 outside of the last few weeks.

Options news you can use for Tuesday, April 23, 2019.

TRADING BLOCK VIX - 12.75, 0.5-points higher than last show. SBUX made a new 52 week high. TSLA, 4 of 11 directors expected to leave, and company investigating what appears to be exploding Model S sedan in shanghai. PINS, IPO had offering price of $19 and closed at 24.40. Most active indices - VIX: 139k, SPY: 771k, SPX: 449k Most active equity options - GE, AAPL FB, TSLA, NFLX, TWTR, QCOM, AMD, F, MSFT Earnings Highlights: Tuesday - Twitter, Snap Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal Thursday - Amazon, Starbucks       ODD BLOCK Call overwrite in YPF SA (YPF) Crushing put below bid in Sea Ltd (SE) Call overwrite in US Silica Holdings Inc (SLCA)       STRATEGY BLOCK The fidelity discussion topic this week is the common misperceptions of calendar spreads.       AROUND THE BLOCK This Week in the Market Apr 22: Existing Home Sales Apr 23: New Home Sales Apr 25: Jobless Claims, Durable Goods Apr 26: GDP, Consumer Sentiment

Options news you can use for Monday, April 22, 2019.

Volatility Review: Brexit, Brexit, Brexit!!! Weekly Options Insider Poll - Do you think the UK will make a Brexit from the EU? Yah - 24% Nah - 43% I am sick of Brexit - 33% Volatility Voicemail: Listener questions and comments Question from Tronghi: Detailed thoughts on VIX futures curve as of June 15. Question from JVon: What strategies don't work for the short VIX ratio call spread. Question from BB Wins: Can you give me an example of good strikes for a VIX 1-by-2 ratio spread if I use open interest as an indicator? Crystal Ball: Where will the VIX close before the long holiday weekend? Russell: 12 Mark S.: 26 Mark L.: 21

Topics this week include Crude Oil Metals/Gold Ags/Soybeans Equities/Russell 2000       FUTURES OPTIONS FEEDBACK Question from JJack - What did Eric think of GOT? Did it live up to his report? Question from Chickenassluvr - Do you know if there is anyway you can tell if positions are being opened or closed intra day? Live options open interest? Question from Glen 00915249 - What I want to know is are copper futures about to break out?

TRADING BLOCK Fidelity Hot Seat - Konstantin Vrandopulo, Trading Strategy Desk, Fidelity Brokerage Services LLC VIX - 12.25,  0.5-points lower than last show. Most active indices - VIX: 162k, SPY: 1.13k, SPX: 558k Most active equity options - AAPL, QCOM, BAC, NFLX, TSLA, AMD, PFE, FB, CGC, SQ     ODD BLOCK Call love in Liberty Global PLC (LBTYA) Call love in Las Vegas Sands Corp. (LVS) Above offer call love in Honeywell International Inc. (HON)     MAIL BLOCK Question from Giddy Franciscan - Sell in May and go away. What option strategy benefits from the profound market malaise that occurs over the summer?       AROUND THE BLOCK This Week in the Market: Apr 19 - Housing Starts

Today we are discussing a fig leaf or leveraged covered call in CSX after earnings.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected]. 

Options news you can use for Thursday, April 18, 2019.

BITCOIN BREAKDOWN Guest Co-Host: Bill Uliveri, Athena Bitcoin Taking a bit of a breather - BTC down over $100 from last show, currently at $5215. It dipped briefly below $5000 last week but regain that level quickly. CME BTC Futures - decent volume as futures rally above $5000. All-time-high of over 22,500 contracts on April 4, which is equivalent to about 112,700 BTC. The previous record has been hit on February 19 and was reportedly over 18,300 contracts, equivalent to 64,300 BTC.     THE ALTCOIN UNIVERSE Top 10 coins by market cap: Bitcoin, Ethereum, XRP, EOS, Bitcoin Cash, Litecoin, Stellar, Cardano, TRON, Monero XRP- back down to $.32 from $.36, ETH - down to $165 from $180, LTC - down to $79 from $88.       CRYPTO QUESTIONS Comment from HCT - This might be my favorite correlation of all time: Avocado prices vs. Bitcoin Comment from BTCVIX - Way back in 2012 and 2013 I started listening, Longo and the rest of the crew - I am pretty sure I am on record at some point asking the first Bitcoin question late in 2013. Obviously I choose to stick with my taste in the volatility world, and choose my name as @BTCVIX lol. Question from Adobe - What do you think will happen first in the u.s. listed options or an actual ETF approved by the SEC?

Options news you can use for Wednesday, April 17, 2019.