Upcoming Economic Reports A preview of what may move the market this week
TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | MONDAY, OCT. 30 | 8:30 AM | Personal income | Sept. | 0.40% | 0.20% | 8:30 AM | Consumer spending | Sept. | 0.90% | 0.10% | 8:30 AM | Core inflation | Sept. | 0.10% | 0.10% | TUESDAY, OCT. 31 | 8:30 AM | Employment cost index | Q3 | 0.70% | 0.50% | 9:00 AM | Case-Shiller home prices | Aug. | -- | 0.30% | 9:45 AM | Chicago PMI | Oct. | -- | 65.2 | 10:00 AM | Consumer confidence index | Oct. | 121 | 119.8 | WEDNESDAY, NOV. 1 | 8:15 AM | ADP employment | Oct. | -- | 135,000 | 9:45 AM | Markit manufacturing PMI | Oct. | -- | 54.5 | 10:00 AM | ISM manufacturing index | Oct. | 59.30% | 60.8 | 10:00 AM | Construction spending | Sept. | 0.10% | 0.50% | 2:00 PM | FOMC announcement | Â | 1-1.25% | 1-1.25% | Varies | Motor vehicle sales | Oct. | 17.5mln | 18.6 mln | THURSDAY, NOV. 2 | 8:30 AM | Weekly jobless claims | 28-Oct | -- | 233,000 | 8:30 AM | Productivity | Q3 | 2.90% | 1.50% | 8:30 AM | Unit labor costs | Q3 | 0.60% | 0.20% | FRIDAY, NOV. 3 | 8:30 AM | Nonfarm payrolls | Oct. | 310,000 | -33,000 | 8:30 AM | Unemployment rate | Oct. | 4.20% | 4.20% | 8:30 AM | Average hourly earnings | Oct. | -- | 0.50% | 8:30 AM | Trade deficit | Sept. | -$43.5bln | -$42.4bln | 10:00 AM | ISM nonmanufacturing index | Oct. | 58.90% | 59.80% | 10:00 AM | Factory orders | Sept. | 1.30% | 1.20% |
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 How to Webinar: Trading Options on Stocks and Futures Spend an afternoon with "Uncle" Mike Tosaw You know him from the Option Block, and now you have a chance to learn from the man himself. Join Option Block all-star, financial advisor, author, and former NFL player, Mike Tosaw, as he shares his knowledge of stocks options, followed by Joe Natoli, a hedge fund manager focused on delivering returns via options on stock index futures markets.
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In this webinar, they will start with the basics and quickly move to explain the pitfalls many options traders fall into, as well as both of their perspectives of Options trading in the current market environment. Register today for this free webinar.
 Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week  Option Block 663: Earnings Palooza: AMZN, TWTR, GOOGL and More Posted October 27th, 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 Insider Radio Interviews. Talking Regs, Data Privacy and Crypto Tax with RSM Posted October 26th, 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 Playbook Radio 181: AMZN Skip Strike Butterfly into Earnings Posted October 26th, 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
Options Insider Radio Interviews: Crowd Sourcing Algos with QuantConnect Posted October 25th, 2017 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
Options Insider Radio Interviews: Talking Real-Time Margin with Hanweck Posted October 25th, 2017 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
Option Block 662: The Great After Hours Debate Continues Posted October 24th, 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 cannot 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! Volatility Views 277: The Birth of Modern Volatility Skew Posted October 23rd, 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
 This Week in Futures Options 74: Copper Records and Natural Gas Surprises Posted October 23rd, 2017 Today in the CME hot seat is Derek Sammann, CME Group Global Head of Commodities and Options Products. Topics this week include: - Looking back on "Black Monday"
- Crude Oil/WTI
- Gold/Metals
- Winner this week: Lean Hogs
Futures Options Feedback: Listeners have their say - Comment form T6BTL -Big on Fed watch. Any other cool tech coming to the site?
Options question of the week: Do you think #Options should be traded after-hours like stock? - 71% - Yes!
- 25% - No!
- 4% - Don't Care!
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  |