In this episode, Mark is joined by Ian Rosen, CEO of StockTwits. They discuss: Ian's history in the financial services industry What is Stocktober Fest? What's new from StockTwits? Demographics of StockTwits users Flattening the onramp to investing What percentage of users are active options traders? How many people are discussing crypto? Bringing in new options traders StockTwits users level of interest in crypto

The holiday season brings to mind covered calls. In this episode, Brian covers: Last week's trade in DIS What did we want to happen? What DID happen? Avoidint the stupid award The holidays are coming, that means shortened trading weeks It might be a good time to trade covered calls Getting "free" time decay with holidays Where is AAPL? Selecting strikes And more...

Options news you can use for Thursday, November 16, 2017

Options news you can use for Wednesday, November 15, 2017

Trading Block: Earnings! Are we heading for more carnage? Putin says he didn't do anything to the election. GE gets smoked. Amazon up over 1% thanks to Lord of the Rings. Odd Block: Catastrophe puts in Tesla Motors Inc. (TSLA). Size put roll in (SEAS). Put-palooza in Square. Mail Block: Options question of the week The war for Bitcoin derivatives is heating up w/ both CMEGroup and CBOE jumping into the fray. How do you think you'll be trading #Bitcoin in 2018? CME BRR Futures CBOE Gemini Futures Stick w/ Regular #Bitcoin Still don't trust #Crypto Listnener Questions: What's on your mind? Question from Nikster1001 - I am new to options trading and have been following you for three weeks now...thanks for all your insights...I am still holding NVDA calls for end of this week...any update on NVDA? Around the Block: Earnings! WMT, DKS, BBY, and more.Uncle Mike is looking at oil and financials. Sebas is wondering what will happen on Tuesday.

Options news you can use for Tuesday, November 14, 2017

Bitcoin Madness Strikes the Audience #TWIFO Question of the week: Which options product do you want us to discuss live this Friday 1:30pm CT? Natural Gas Russell 2000 WTI Crude Oil Or...Bitcoin What Is Bitcoin Reference Rate? The CME CF Bitcoin Reference Rate (“BRR”) is a daily reference rate Of the U.S. Dollar price of one bitcoin as of 4:00 p.m. London time. It is representative of the bitcoin trading activity on Constituent Exchanges and is geared towards resilience and replicability. METHODOLOGY: Aggregation of trade executions occurring on Constituent Exchanges between 3:00 p.m. and 4:00 p.m. London time All Relevant Transactions are added to a joint list, recording the trade price and size for each transaction. The list is partitioned into 12 equally-sized time intervals of 5 minutes each. For each partition separately, the volume weighted median trade price is calculated from the trade prices and sizes of all Relevant Transactions, i.e. across all Constituent Exchanges. A volume weighted median differs from a standard median in that a weighting factor, in this case trade size, is factored into the calculation. The BRR is then given by the equally-weighted average of the volume-weighted medians of all partitions DISSEMINATION: Once per day, every day of the year including weekends and holidays, between 4:00 p.m. and 4:30p.m. London time Bitcoin Futures Contract Specs BRR: Currently $6811 SIZE: 5 bitcoin, as defined by the CME CF Bitcoin Reference Rate (BRR) Minimum Price Fluctuation: Outright: $5.00 per bitcoin = $25.00 per contract. Calendar Spread and Basis Trade at Index Close (BTIC): $1.00 per bitcoin = $5.00 per contract Position Limits: Spot Position Limits are set at 1,000 contracts. A position accountability level of 5,000 contracts will be applied to positions in single months outside the spot month and in all months combined. The reportable level will be 25 contracts. Price Limits: Special price fluctuation limits equal to 7% above and below prior settlement price and 13% above and below prior settlement price and a price limit of 20% above or below the previous settlement price. Trading will not be permitted outside the 20% above and below prior settlement price. Could Bitcoin Futures Rein in the Big Price Swings? After CME announced that they would soon be offering Bitcoin futures, the price of the digital currency took a big upward swing. However, CME is of the opinion that futures could actually put a stop to Bitcoin’s synonymous volatility. CME will be putting in place special price fluctuation limits that will help protect investors from the notorious price swings, but these same protections could also help ease the price swings and make the digital currency settle down somewhat. After CME announced that they would soon be offering Bitcoin futures, the price of the digital currency took a big upward swing. However, CME is of the opinion that futures could actually put a stop to Bitcoin’s synonymous volatility. CME will be putting in place special price fluctuation limits that will help protect investors from the notorious price swings, but these same protections could also help ease the price swings and make the digital currency settle down somewhat. Many believe that it is these violent swings that are stopping mass adoption of the digital currency, especially as a currency. If there was a more steady rate, then Bitcoin would be able to stretch more towards being a currency while still holding onto its power as a store of value. Other topics this week include: Crude Gold Futures Options Feedback: Listeners have their say Question from Vamp111: Ciao, anyone know when exactly CME Group will launch Bitcoin Futures?? Comment from tmal: IMO BTC initially has monster call skew. Bring BTC to the masses. Question from Folfox:  Do you prefer iron condor vs. iron butterfly? (I know 1 strategy wont work every time, but what scenario is preferred) Comment from JNL09: Not sure about the bitcoin implied volatility stated on the show last week. I was sure its at least 200.

Volatility Review: A look back at the week from a volatility perspective VIX cash: VIX briefly flirted with 12 VVIX: 98.5 - 7 points higher than last week CBOE SKEW Index: 129 - 8 points higher than last week VXN: 15.04 - .5 points higher than last week Russell's Weekly Rundown: VIX Options: ADV - 758k Thurs - 1m Weds - 632k Tues - 899k Mon - 442k VIX call/put: 3.8 - Russell is nervous Hot VIX strikes 710842 .VIX Dec 20th 25.0 C, chg +67163 515136 .VIX Dec 20th 15.0 C, chg -1377 400697 .VIX Nov 15th 20.0 C, chg +5029 372447 .VIX Dec 20th 12.0 P, chg +829 334283 .VIX Nov 15th 21.0 C, chg -5413 308546 .VIX Dec 20th 22.0 C, chg +4167 263899 .VIX Nov 15th 17.0 C, chg +11157 240963 .VIX Dec 20th 20.0 C, chg +7087 226612 .VIX Nov 15th 15.0 C, chg -3270 222571 .VIX Dec 20th 17.0 C, chg +4591 Total 12.7m (10.1m Calls, 2.61m Puts) VXX: 34 - almost unchd from last week Top VXX positions 114719 VXX Jan19 10.0 P, chg +22 75429 VXX Jan 10.0 P (Nonstd VXX2), no chg 75157 VXX Jan19 5.0 P (Nonstd VXX2), no chg 60900 VXX Jan 5.0 P (Nonstd VXX2), no chg 55450 VXX Jan 5.0 P (Nonstd VXX1), no chg 55150 VXX Mar 24.0 P, chg +408 49560 VXX Jan 7.0 P (Nonstd VXX2), no chg 46458 VXX Nov 38.0 C, chg -1763 43537 VXX Jan 20.0 C (Nonstd VXX2), no chg 43457 VXX Jan 8.0 P (Nonstd VXX2), chg +6 Total 3.88m (1.78m Calls, 2.10m Puts) Volatility Voicemail: Listener questions and comments Options question of the week: Trading #Options during #Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO? Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Puts/Put Spreads Fly/Iron Fly/ Iron Cond. Listener questions and comments Comment from TMal: Big options sell firm gain AUM as they do well. They are another "natural seller" of options (weekly and monthly). Question from Chris Thomas: Hey guys. Trading a long calendar on VIX is a bad idea in that what you pay isn't the max loss. It's possible for the closer expiration to experience a larger move than the back month and thus you can lose more than you make? I believe I understand that correctly so my actual question is, is this true for SVXY and VXX? Thanks for imparting your knowledge so us plebeians can learn. Question from Encinoj: Here’s my time strangle trade idea for VIX. Buy 1-2 yr VXX 20% OTM puts and also buy approx. 3 mth. 20% OTM VIX calls. Crystal Ball: Wild prognostication ensues Last week: Andrew: 9.99 Russell: 8.95 Mark L: 9.55 This week: Mark S.: 9.99 Russell: 9.15 Mark L.: 9.65

Options news you can use for Monday, November 13, 2017

Trading Block: The Return of the Viceroy! OCC cleared contract volume up 20% in October. Earnings! Disney - ATM straddle $5, approx. 4.5% NVDA - ATM straddle $16, approx. 8% Odd Block: Put roll in Time Warner Inc. (TWX). Size call love ENSCO PLC (ESV). Strategy Block: Uncle Mike Tosaw discusses the pulse of the market. Mail Block: Options question of the week Trading #Options during #Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO? 28% - Buy Calls/Call Spreads 5% - Buy Puts/Put Spreads 33% - Sell Puts/Put Spreads 34% - Fly/Iron Fly/ Iron Cond. Around the Block: Earnings check-in from DIS and NVDA. Uncle Mike is looking for 2600 in S&P. How many tax brackets? Taxes. Taxes. Taxes. High-yield bond charts look ugly.

Options news you can use for Friday, November 10, 2017

Options news you can use for Thursday, November 9, 2017

Since it is still earnings season, it makes sense to capture the movement surrounding earnings announcements. In this case, we are looking at a bullish ratio spread in DIS. In this episode: A recap of what happened with last week's FB position After AMZN, FB looked a little boring DIS reports earnings after the close on Thursday, November 9 What is the sentiment on DIS? Looking at the long straddle to figure out pricing Setting up a backspread in DIS Picking the strikes and expirations What is the downside? Upside? What do we want to happen?

Options news you can use for Wednesday, November 8, 2017

Trading Block: Earnings! Monday - Weight Watchers Tuesday - CBOE, Valeant, Snap Inc. Thursday - Nvidia, Macys, Kohl’s Friday - JCPenney Odd Block: Size call love in MRO. Opening calendar/stupid in RSX. Call 1x3 in RCX. Mail Block: So many questions! Options question of the week: Bitcoin just blew past $100B in "market cap." If #Options were available how would you trade them? 52% - Buy Calls/Call Spreads 18% - Buy Puts/Put Spreads 13% - Sell Covered Calls 17% - Other/Hate #Crypto Listener questions and comments: Comment from Tony Varriale‏ - HODL Comment from Contrlkaos - Call broken wing butterflies ANOTHER Options question of the week: Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO? Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Puts/Put Spreads Fly/Iron Fly/ Iron Cond. More comments! Comment from Ophir Gottlieb‏ - $TSLA oh, if there was after hours option trading @Options Comment from Folfox - Do you prefer iron condor vs. iron butterfly? (I know 1 strategy wont work every time, but what scenario is preferred) Question from ThinkTankTrading - I have a question regarding funds like vxx and this quote from its prospectus...In connection with these limits, the Dodd-Frank Act has required the CFTC to adopt regulations establishing speculative position limits applicable to regulated futures and OTC derivatives and impose aggregate speculative position limits across regulated U.S. futures, OTC positions and certain futures contracts traded on non-U.S. exchanges. In December 2016, the CFTC re-proposed rules on position limits with respect to the 25 physical delivery commodity futures and options contracts, as well...What happens with cheap low Vol prices and this position limit, and they can't get the Vol exposure needed to track the benchmark? ...Positive or inverse ETFs?...One will have massive margin lending/ borrowing costs and the other won't be allowed to buy more futures at some point...The second that happens the Nav will be out of wack and become a closed end fund with Arb to Nav opportunities aka the death spiral - would you agree? Or am I missing something - thanks in advance...Asking for a friend hahahah kidding. Around the Block: RCM webinar on Wednesday, November 8th, 12:00 CST - How to Webinar: Trading Options on Stocks & Futures Economic Reports this Week: Nov 7 - JOLTS Nov 8 - EIA Petroleum Status Report Nov 9 - Jobless Claims Nov 10 - Consumer Sentiment, Treasury Budget

Options news you can use for Tuesday, November 7, 2017

Volatility Review: A look back at the week from a volatility perspective. The Numbers: VVIX - 91.5 CBOE Skew Index - 136 VXN - 14.7 Russell's Weekly Rundown VIX Options: ADV - 833k, VIX Call/Put - 3.9, Total 11.7m (9.37m Calls, 2.37m Puts) Earnings Volatility: Apple, Facebook, Tesla Commodity Volatility: Crude/OIV, Gold/GVZ Volatility Voicemail: Listener questions and comments Comment from Don S: Ah, if you had called me for the last VV, I would have regaled you with stories from the Morgan Stanley trading desk about Black Monday. But none would have been better than the one of my buddy and colleague, Peter, who in August 1987 decided that the market was overdone and invested $20,000 of his own money in OTM SPX November puts. Those options, which were 1/8 before the crash, went to $50, and his $20,000 turned into 400 times that, or ... wait for it! ... $8 million! Ah, the good ol' days. :-) Don Question from Hawkeye - To ye merry band of Magical Voice, grease laden Meatballs, favorite Uncles, and Lobsters with Tubs of butter: I already get that SVXY, XIV, and other short ETF/ETNs can go bust overnight due to the front 2 futures doubling. What would happen if I held long SVXY puts  in an IRA and the fund had to close because the SHTF? How would I exercise them if the fund doesn't trade? I can't cover due to underlying frozen, but I can't exercise without covering because that would put me short in an IRA? Or would they still allow it as an exception? How would it all unwind? Thanks for all you guys keeping me learning, laughing, and most of all, thinking. Your longtime listener - Hawkeye Crystal Ball: Wild and reckless prognostication. Last week: Mark L. - 9.65 Mark S. - 10.16 Ophir - 9.8 Ghost of Russell - 38.3 This week: Mark L. - 9.55 Andrew - 9.99 Russell - 8.95

Topics this week include: Crude Oil Gold/Metals Wheat/Ags Winners: Live Cattle, RBOB Losers: Rough Rice, Lumber Futures Options Feedback: Options question of the week. Bitcoin just blew past $100B in "market cap." If #Options were available how would you trade them? Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Covered Calls Other/Hate #Crypto Listener questions: Question from Mantauk - What is the actual implied volatility of bitcoin?

In this episode, Mark is joined by Jim Shinn, Predata's co-founder and CEO. They discuss: Jim's background Using big data to predict behavior The political VIX: PVIX Bitcoin, AI, and the future of fintech How do they analyze social media to predict behavior? Monitoring metadata from conversations How do they work with options traders? What is the PVIX predicting? Find out more at predata.com

In this episode, Mark is joined by Mark Casey, President and CEO of Apcela. They discuss: Mark's backgound in the financial services space What is Apcela? What sets Apcela's trading platform apart? The race to zero Cloud adoption, or lack thereof Improving the adoption of public cloud technologies The market data wars And more...  

Options news you can use for Monday, November 6, 2017

Trading Block: Earnings season review: Apple after the bell. ATM straddle - $7.25, approx. 4.3% Facebook and Tesla Odd Block: Options tracker in Tesla Inc. (TSLA), call-palooza ahead of earnings in Pandora Media Inc (P), and size upside buywrite in Marathon Oil Corporation (MRO). Strategy Block: Uncle Mike Tosaw discusses tax savings. Mail Block: Options question of the week Bitcoin just blew past $100B in "market cap." If #Options were available how would you trade them? 52% - Buy Calls/Call Spreads 20% - Buy Puts/Put Spreads 19% - Sell Covered Calls 9% - Other/Hate #Crypto Around the Block: RCM webinar on Wednesday, November 8th, 12:00 CST - How to Webinar: Trading Options on Stocks & Futures.

Options news you can use for Friday, November 3, 2017

Options Insider Radio Interviews: A New Way to Fund Fintech In this episode, Mark is joined by Frank Johnson, Managing Dand Kurt Smith, CFO, at Revenue-Share Capital They discuss: What was the genesis for Revenue-Share Capital? How did OptionScape influence Revenue-Share Capital? What differentiates Revenue-Share Capital from traditional venture capitalists? Generating income from cash flow, not profit Performing due diligence Start up interests: fintech and blockchain Who do they want to partner with?

Today we are going to look at a ratio spread with puts on FB. In this episode: A review of last week's skip-strike butterfly in AMZN What was the strategy? Expectation? Where is AMZN now? What about GOOGL? How do you want the market to move wihen you have a butterfly position FB earnings are coming up. Let's look at a ratio spread What is the outlook? Setting up the trade Selecting strikes What is the cost? What do we want to happen? What is the cost? Remember volatility

Options news you can use for Thursday, November 2, 2017

Options news you can use for Wednesday, November 1, 2017

Tricks of the Trade: An overview of VIX settlement. How does it work? Can it be manipulated? The Buzz: FINRA Orders Wells Fargo to Pay $3.4M Over Volatility-Linked ETPs. Office Hours: Listener questions and comments Question from T_Aldo - Just came across this on the Advisor section of Investopedia. I found it somewhat alarming. What are your guys thoughts? Refers to article: The Best Options Trading Advice: Don’t!

Mail Call: Fall in while your drill instructors answer your questions. Comment from Andrew McNichol - Big fan of your podcast. I appreciate how you start at square one and then walk listeners through every element of options and options trading. Thanks. Question from Tim D. - How high do rates need to be before I need to worry about rho? Question from Kraken1975 - Which of the Greeks do you utilize the most and why? Question from Meatz - Would you describe successful options trading as primarily singles and doubles or more swing for the fences home runs? Question from LCB - This is a challenging time to sell options due to low volatility. So does it stand that the opposite is true? Is it a good time to buy options? Particularly protective puts? Question from Mary - What's the shortest expiry available for plain vanilla options? Question from Ejh4isu - What qualifications do I need to work in the industry as a professional, i.e. as a trader? Is that a career path I'd even want to consider? Question from Privateer - Permission to speak freely sirs! Hi guys, Love the show and the entertaining military themed education. I've recently been learning about an exciting strategy called writing call options with CFDs. The claim by the teacher is that CFDs can leverage the return on premium selling by ten times, and reduce your break even significantly. I'm very invested in how this could apply in selling both legs i.e. covered strangles or straddles. Can you discuss the downsides, upsides and hedging strategies used in this scenario,and how to mitigate risk especially on the put leg. Sirs yes sir! Question from Axel D. - Why does open interest only update once a day?

Trading Block: Earnings Season Review. This season's theme "Buy Premium"! Under Armor before the bell tomorrow. Review of: Chipotle, Twitter, Amazon, Google & Microsoft. Odd Block: Size OTM call paper in Plains GP Holdings LP (PAGP). Pre-earnings put-palooza in Under Armor Inc. (UAA). Rolling puts in ENSCO PLC (ESV). Mail Block: Options question of the week. Bitcoin just blew past $100B in "market cap." If #Options were available how would you trade them. Buy Calls/Call Spreads Buy Puts/Put Spreads Sell Covered Calls Other/Hate #Crypto Around the Block: RCM webinar on Wednesday, November 8th, 12:00 CST - How to Webinar: Trading Options on Stocks & Futures.

Options news you can use for Tuesday, October 31, 2017

Topics this week include: Nasdaq Skew Crude Oil Gold/Metals Winners: Lumber, RBOB Losers: Iron Ore, Nat Gas Futures Options Feedback: Listeners have their say Question from Danubs - Can I buy options on milk? Question from Bxvets - What's your favorite sell signal? Question from Bullobo11 - What was your most recent and promising buy signal and how did you come across it? Question from AdmiralTweezers - Do you foresee any innovations in market making such that it might become less centralized or more crowdsourced? Question from Michaelbozzello - What's the most valuable lesson you learned as a market maker that you would tell retail traders trading options? Question from LL0C - Mine or not to mine? Do you guys rec mining bitcoin before trading it?

Volatility Review: A look back at the week from a volatility perspective. VVIX - 97.73 CBOE Skew Index - 135 VIX Options, ADV - 852k, VIX Call/Put - 4 Total 10.8m (8.65m Calls, 2.19m Puts) Earnings: CMG, Twitter, Amazon, Google and Microsoft Volatility Voicemail: Options question of the week. It looks like you all REALLY want after-hours #Options trading. The question now - what is the best way to make it happen? 24% - Pilot For Earnings Season 52% - Top Names Only -$AMZN,etc 21% - Basic Limit Order Book 3% - Other - Reply/DM w/answer Listener questions and comments: Comment from j3dingle - Dear Mark Longo, Long time listener (at least a year or two, so maybe not that long!), first time emailer. I would guess I'm not the first to suggest this, but have you considered some excerpt of some rendition of "On Top of Spaghetti" for Mark Sebastian's theme song? Looks like the song even has some Chicago heritage: https://en.wikipedia.org/wiki/On_Top_of_Spaghetti In 30 seconds of you-tubing, I found Biondi's version which is pretty "good": https://www.youtube.com/watch?v=Mu4EiTJNP1k Oh, the dreams/nightmares one has on a Sunday night slumber! Crystal Ball: Wild and reckless prognostication. Last week: Mark L. - 9.65 Mark S. - 10.16 Russell - 9.87 This Week: Mark L. - 9.65 Mark S. - 10.16 Ophir - 9.80

Options news you can use for Monday, October 30, 2017.

Trading Block: Earnings! Chipotle (CMG) - ATM straddle: $20, approx. 6.25% Twitter (TWTR) - ATM straddle: $1.50, nearly 9% Amazon (AMZN) - ATM straddle: $39, approx. 4% Google (GOOGL) - ATM straddle: $41, approx. 4% Microsoft (MSFT) - ATM straddle: $1.75, approx. 2.2% Odd Block: Review from 8/7: Call frenzy in Procter & Gamble (PG) Strategy Block: Uncle Mike Tosaw discusses SPY and risk reversals. Mail Block: Listener questions and comments Question from Hawkeye - To ye merry band of Magical Voice, grease laden Meatballs, favorite Uncles, and Lobsters with Tubs of butter: I already get that SVXY, XIV, and other short ETF/ETNs can go bust overnight due to the front 2 futures doubling. What would happen if I held long SVXY puts  in an IRA and the fund had to close because the SHTF? How would I exercise them if the fund doesn't trade? I can't cover due to underlying frozen, but I can't exercise without covering because that would put me short in an IRA? Or would they still allow it as an exception? How would it all unwind? Thanks for all you guys keeping me learning, laughing, and most of all, thinking. Around the Block: Reviewing what's happening post-earnings. Earnings. Earnings. Earnings. Is North Korea testing hydrogen bombs? After-hours options trading would have been fun this week.

Options news you can use for Friday, October 27, 2017

In this episode, Mark is joined by Matt Gill, Director of Risk Advisory Services at RSM US LLP. They discuss: What is RSM? How to deal with the fluid regulatory environment Dodd-Frank Data privacy Cyber security A global view on data privacy regulation Choice Act/Volcker Rule System safeguards and regulator Crypto currency from an accounting point-of-view Today's Bitcoin event And more...

Options news you can use for Thursday, October 26, 2017.

This is probably the biggest week of earnings reporting, when the most valuable stocks report. There are things to take into account because of earnings: Remember that implied volatilities rise around earnings Why a skip strike butterfly? Setting up the trade to pay for itself Where is AMZN trading right now? What is the long straddle aka the expected move Using the long straddle to select strikes Earnings-related risks What is the expected move? Setting up the trade What is the upside? Downside? Nuances of options pricing Remember time premium  

In this episode, Mark is joined by Jared Broad, Founder and CEO of QuantConnect. They discuss: The genesis of QuantConnect What is QuantConnect? Fast-tracking people's development Making data more accessible The challenge of the crypto market What kinds of algos are coming up for Bitcoin? What is the Broadcast tab? And more  

In this episode, Mark is joined by Tom Watson, Head of Sales at Hanweck. They discuss: What is Hanweck's enhanced data feed? Going beyond implied vols and Greeks Real-time margin functionality The benefits of outsourcing Parallell processing capabilities Working with The OCC The fluid regulatory environment Filling a void in broker capacity And more

Options news you can use for Wednesday, October 25, 2017

Trading Block: Earnings! Tuesday - McDonalds, GM, Chipotle, AT&T. Chipotle Mexican Grill (CMG), ATM straddle - $20, approx. 6.25% Wednesday - VISA Thursday - Twitter, Amazon, Google, Microsoft Friday - ExxonMobil, Merck Odd Block: Calls trade in Fortuna Silver Mines Inc. (FSM). Combo/straddle trade in iShares MSCI Japan ETF (EWJ). Size buy/write in West Fraser Timber Co. Ltd.(WFT) Mail Block: Options question of the week It looks like you all REALLY want after-hours #Options trading. The question now - what is the best way to make it happen? Pilot For Earnings Season Top Names Only -$AMZN,etc. Basic Limit Order Book Other Listener Questions and Comments: What's on your mind? Question from John Hopkins - Hi I was inquiring if Al Sherbin's spreadsheets from his book, how to price and trade options is still available, it is not on the Wiley website anymore. And I can not get it from my O'Reilly subscription service either. I have developed my own kelly spreadsheet, but I would like an experts to see if I am right, mine works ok, it has increased my winning trades greatly. Thanks I realize this is not part of your usual discussion, many apologies. Around the Block: What are we looking at for the rest of the week? Earnings!

Options news you can use for Tuesday, October 24, 2017

Volatility Review: A look back at the week from a volatility perspective. Black Monday. Happy 30th Birthday to Volatility Skew! The numbers: VIX - 93.33 CBOE Skew Index - 146 VXN - 14.64 Russell's Weekly Rundown: VIX ADV - 876k VIX call/put - 4.1 VXX - 34.39 XIV - 105.87 Volatility Voicemail: Options question of the week Earnings Season is here! Which name do you plan to trade most actively this cycle? 27% - Tesla - $TSLA 34% - Amazon - $AMZN 23% - Apple - $AAPL 16% - Alphabet - $GOOGL Listener questions and comments: Comment form MoneyEngine X3.5 - Buying CVS calls. Crystal Ball: Wild and reckless prognostication Last week: Mark L. - 9.55 Mark S. - 10.25 Ghost of Russell - 28 Kevin - 10 This week: Mark L. - 9.65 Mark S. - 10.16 Russell - 9.87