Featured Interview A favorite interview from Options Insider Radio Options Insider Radio Interviews: Talking Weeklies, Auctions and More with CBOE Posted May 12th, 2016 In this episode, Mark is joined by Bill Looney, Head of CBOE New York. They discuss: - Recent developments happening at CBOE
- Options volume
- Navigating the waters of listing new products, including MSCI and FTSE
- The Options Institute expansion into Asia
- Expanded hours for SPX and VIX options
- The plight of liquidity providers
- Exchanges: how many are too many?
- Price improvement auctions
- Monday expirations
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Upcoming Economic Reports A preview of what may move the market this week
TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | MONDAY, JAN. 29 | 8:30 AM | Personal income | Dec. | 0.30% | 0.30% | 8:30 AM | Consumer spending | Dec. | 0.50% | 0.60% | 8:30 AM | Core inflation | Dec. | 0.20% | 0.10% | TUESDAY, JAN. 30 | 9:00 AM | Case-Shiller home prices | Nov. | -- | 6.20% | 10:00 AM | Consumer confidence index | Jan. | 125 | 122.1 | 10:00 AM | Home ownership rate | Q4 | -- | 63.90% | WEDNESDAY, JAN. 31 | 8:15 AM | ADP employment | Jan. | -- | 250,000 | 8:30 AM | Employment cost index | Q4 | 0.50% | 0.70% | 9:45 AM | Chicago PMI | Jan. | -- | 67.6 | 10:00 AM | Pending home sales | Dec. | -- | 0.20% | 2:00 PM | FOMC announcement | Â | 1.25-1.5% | 1.25-1.5% | THURSDAY, FEB. 1 | 8:30 AM | Weekly jobless claims | 27-Jan | 238,000 | 233,000 | 8:30 AM | Productivity | Q4 | 0.10% | 3.00% | 8:30 AM | Unit labor costs | Q4 | 1.00% | -0.20% | 9:45 AM | Markit manufacturing PMI | Jan. | Â | -- | 10:00 AM | ISM manufacturing index | Jan. | 58.50% | 59.70% | 10:00 AM | Construction spending | Dec. | 0.50% | 0.80% | Varies | Motor vehicle sales | Jan. | 16.5 mln | 17.9 mln | FRIDAY, FEB. 2 | 8:30 AM | Nonfarm payrolls | Jan. | 171,000 | 148,000 | 8:30 AM | Unemployment rate | Jan. | 4.10% | 4.10% | 8:30 AM | Average hourly earnings | Jan. | 0.30% | 0.30% | 10:00 AM | Consumer sentiment index | Jan. | 95 | 94.4 | 10:00 AM | Factory orders | Dec. | 1.00% | 1.30% |
Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week Option Block 686: Bridging the ETF-Options Divide Posted January 26th, 2018 Trading Block: Earnings! - Monday: Netflix
- Tuesday: Johnson & Johnson, Procter & Gamble, Travelers, Verizon
- Wednesday: GE, United Technologies
- Thursday: Caterpillar, 3M, Intel (Caterpillar doing crazy volume today - over 130k contracts on the tape.) Netflix, Intel and Starbucks.
Odd Block: Size near-term put sales in (NWL). Crazy move sparks crazy volume in (MNKD). Size short call roll in (SAN). Strategy Block: Mike Tosaw discusses his most recent SPY trades Mail Block: Options questions of the week Since we're down at #InsideETFs this week we thought we'd make our #Options #QOTW about #ETFOPTIONS. Quite simply - what is your favorite ETF/ETP #option to trade? - $SPY
- $GLD
- $VXX
- Other (reply w/answer)
Bitcoin #Futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? - 27% - Buy 5% OTM Call
- 32% - Buy 5% OTM Put
- 16% - Sell 5% OTM Covered Call
- 25% - Just Short The Future
Around the Block: Economic Reports This Week - Jan 26: GDP, Durable Goods
 Options Playbook Radio 193: TSLA Calendar Spread Posted January 25th, 2018 In this episode, we are looking at a calendar trade around earnings in TSLA. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: - Where is TSLA trading as of this recording?
- When are they expected to announce earnings?
- Where is the at-the-money straddle right now?
- Setting up a trade into earnings
- Selecting a strike
- The volatility caveat
- What is the desired outcome?
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.  Advisors Option 63: Using Options in IRAs Posted January 24th, 2018 Tricks of the Trade: Using options in retirement accounts. - What are the limitations of trading options in a retirement account?
- What strategies can you utilize?
- Stock replacement strategy: what is it?
- Long-term stock replacement strategy with a covered call, aka fig leaf strategy.
The Buzz: What do informed advisors need to know? Office Hours: Listener questions and comments 2017 was the "Year that Volatility Died". So our first question of the week for 2018 is a puzzler. Quite simply: where do you think $VIX will close at the end of the year? - Between 7.5-9.99
- Between 10- 12.49
- Between 12.50 -14.99
- Above 15
Listener questions: What's on your mind? - Question from L Penguin - I'm a new options trader and I want to buy a LEAP call because it looks like the stock is going to go to up in the next 12 months, but I don't want to commit yet. I also want to generate income while I hold that position. What are your thoughts on selling the call while I have the leap? Also, this stock has an attractive dividend that I'd like to capture. Is this even possible? Interested in your thoughts, thanks!...I was thinking about buying a deep in the money call for the LEAP, and then depending on where the stock is trading at the time, sell closer to the money.
 Option Block 685: Shutdown Posted January 23rd, 2018 Trading Block: The Dow sets all-time intraday record as Senate votes to end government shutdown Earnings This Week: - Monday: Netflix
- Tuesday: Johnson & Johnson, Procter & Gamble, Travelers, Verizon
- Wednesday: GE, United Technologies
- Thursday: Caterpillar, 3M, Intel
Odd Block: Calls and puts trade in Patterson UTI Energy (PTEN). Puts trade in Harley Davidson Inc (HOG). Puts roll in HCA Healthcare Inc (HCA). Strategy Block: Mike Tosaw discusses buying OTM calls in this current market Mail Block: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? - 27% - Buy 5% OTM Call
- 32% - Buy 5% OTM Put
- 16% - Sell 5% OTM Covered Call
- 25% - Just Short the Future
Listener questions and comments: - Question from CharlieC - What's the weirdest thing you've seen in the options market?
- Question from Markit - What's the truth about all the talk about VIX being moved using SPX puts? Is this a thing? Can you please discuss on the network?
Around the Block/Economic Reports This Week: - Jan 24: Existing Home Sales
- Jan 25: Jobless Claims, International Trade, New Home Sales
- Jan 26: GDP, Durable Goods
 This Week in Futures Options 87: Deep Dive into Russell 2000 Volatility Posted January 22nd, 2018 Today we feature Sean Smith, Managing Director of Derivatives Licensing & Exchange Data at FTSE Russell. Topics this week include: - Looking back at the Russell 2000 in 2017Crude Oil
- RUT up nearly 12%
- Interesting trends and developments
- Russell options breakdown from this week
- Bonus: RVX
- Ags
- Metals
Futures Options Feedback: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? - Buy 5% OTM Call
- Buy 5% OTM Put
- Sell 5% OTM Covered Call
- Just Short the Future
Listener questions and comments - Question from Alfred: Why aren't CME Bitcoin futures listed on the COT reports?
- Question from Camper: Do you notice any interesting patterns in corn volatility skew ahead of crop planting or harvesting?
- Question from Daley: Can I use QuikStrike to compare and contrast skew charts for the indices to try to find trading opportunities between SPX/DOW, SPX/RUT and all? Thx.
- Question from Lromero: Do all indices have the same issue with OTM puts being so outrageously expensive? Where can I go for cheap protection?
- Question from Kondit: what is shortest duration option contract available on Globex?
 Volatility Views 290: VIX Whales and Bitcoin Options Posted January 22nd, 2018 Volatility Review: Government shutdown moves the market going into the weekend. VIX cash is firmly back in the double digits. Russell's Weekly Rundown: - ADV - 746k, VIX call/put - 4.6, Total 10.1m (8.29m Calls, 1.82m Puts
- Looking back on the VIX whale from last Wednesday.
- Earnings volatility this week.
- January has been a rough month for Bitcoin.
Volatility Voicemail: Options question of the week. Bitcoin futures are currently trading around $11,500. If options existed, how would you trade them? Assuming one-month to expiration would you...? - Buy 5% OTM Call
- Buy 5% OTM Put
- Sell 5% OTM Covered Call
- Just Short the Future
Listener questions and comments: - Comment by TradingProverbs - "More money has been lost trying to anticipate and protect from corrections than actually in them." - Peter Lynch
Crystal Ball: Government shutdown related prognostication Last week: - Mark L. - 9.55
- Andrew - 9.95
- Kevin - 9.75
This week: - Mark L. - 10.55
- Mark S. - 10.00
- Russell - 11.99
- Matt - 11.50
 Where to Find Options Insider Radio? Do you know all the ways you can access Options Insider Radio           Â
Options Insider Radio Network Live Recordings Do you want to be a part of the fun? This is when you can access the LIVE shows this week: Monday: Option Block LIVE at 3pm Central Thursday: Option Block LIVE at 3pm Central Friday: Volatility Views LIVE at 12pm Central This Week in Futures Options LIVE at 1:30 Central. As always, you can join in the fun at http://mixlr.com/options-insider/
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