Upcoming Economic Reports
A preview of what may move the market this week
 | TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | | MONDAY, JUNE 26 | | 8:30 AM | Durable goods orders | May | -0.80% | -0.80% | | 8:30 AM | Core capital equipment orders | May | -- | 0.10% | | 8:30 AM | Chicago Fed national activity index | May | -- | 0.49 | | TUESDAY, JUNE 27 | | 9:00 AM | Case-Shiller U.S. home prices | April | -- | 5.80% | | 10:00 AM | Consumer confidence index | June | 115.4 | 117.9 | | WEDNESDAY, JUNE 28 | | 8:30 AM | Advance trade in goods | May | -$65.3bln | -$67.6bln | | 10:00 AM | Pending home sales index | May | -- | -1.30% | | THURSDAY, JUNE 29 | | 8:30 AM | Weekly jobless claims | 24-Jun | -- | 241,000 | | 8:30 AM | GDP revision | Q1 | 1.20% | 1.20% | | FRIDAY, JUNE 30 | | 8:30 AM | Personal income | May | 0.30% | 0.40% | | 8:30 AM | Consumer spending | May | 0.10% | 0.40% | | 8:30 AM | Core inflation | May | 0.10% | 0.20% | | 9:45 AM | Chicago PMI | June | -- | 59.4 | | 10:00 AM | Consumer sentiment | June | 94.5 | 94.5 |
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 Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week
Automation: The Business Show Episode 16 Posted June 23rd, 2017 In this special episode, the crew is joined by Mark's CTO, Sam, to talk about the repercussions of the impending automation Armageddon. They hit ya with the Market Beat, and another classic Quiz-off! Listen to it before the robots take over! Â Option Block 630: Don't Get too Cute when Closing Trades Posted June 23rd, 2017 Trading Block: Taking the weekend out of the market. Biotech and the effect of the AHCA bill. Crude and the energy section taking it on the chin. Odd Block: Puts trade in Plains All American Pipeline, L.P. (PAA) call spreads trade in Praxair, Inc. (PX). Strategy Block: Mike discusses trading size and closing positions. Mail Block: Listener Questions and Comments - Question from Frank C. - Can you do a review of second order Greeks and when to use them? Thanks.
- Question from ZX45 - Is now actually a good time to become a market maker? I read in Barons that there are not many of them left, so there is not much competition. And how did Mike get in it if he was not a trader?
Around the Block: Bargain shopping for a sub-10 VIX close. Â Options Insider Radio Interviews: Talking Rates, the Fed and More with Wedbush Posted June 23rd, 2017 In this episode, Mark is joined by Arthur Bass, Managing Director Fixed Income Financing, Futures, and Rates at Wedbush. They discuss: - Arthur's backgroun in the finance space
- The recent Fed meeting, no big surprises there
- Good employment numbers and low inflation...where do we go from here?
- Will it be a policy error to continue increasing rates
- Is there too much information coming from the Fed?
- The Wedbush growth, including KCG, Crossland and EFutures acquisitions
- And more
 OICs Wide World of Options 37 - Choosing a Strategy and Dark Pool Trading Posted June 23rd, 2017 In this prerecorded show, Kevin Baldwin from OIC speaks with Joe Burgoyne about what to consider when selecting an options strategy. Then on Profiles & Perspectives, Stefanie Kammerman from The Stock Whisperer Trading Company explains dark pool trading.
Options Playbook Radio 163: Listener Question Palooza, Continued
Posted June 22nd, 2017 The Huddle: Listeners weigh in with questions - Question from Steve - With the VIX so low, I am not selling a lot of options anymore, because I am afraid that I will not collect enough premium. Am I thinking of this incorrectly?
- Question from Lincan -My go-to options strat 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?
Do you have a question that you want featured on an upcoming episode of Options Playbook Radio? Send Brian an email at:Â theoptionsguy@invest.ally.com. Â Options Bootcamp 66: Trading Calendar Spreads During Earnings Posted June 21st, 2017 Options Drills: What is a calendar? How do we set them up for earnings? Strike/Month selection? Should we carry them through the event? When do we take off?
Calendars vs. Diagonals? Mail Call: Fall in recruits and get your questions asked. With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading? - 33% - Crude Oil (WTI, etc)
- 20% - Metals ($GLD, $SLV, etc)
- 20% - FX (GBP/USD, etc)
- 27% - Indv. Equities-$TSLA, etc
VIX Limbo: Last Month 40+% of you said $VIX wouldn't break 9 in 2017. But recent events have us asking again: How low will $VIX get in 2017? - Still Won't Break 9
- Won't Break 8.5
- Won't Break 8.0
- Lookout - 7 Handle in '17
Listner Questions and Comments: What is on your mind? - Question from Lesnod - How do you get out of the straddles? One side of a straddle is always a loss correct?
- Question from Meatz - Would you describe successful options trading as primarily singles and doubles or more swing for the fences home runs?
- Question from Bulzeye7 - Are options worth it for day-traders? Or just for swing-traders?
- Question from Axel D - What does open interest only update once a day?
- Question from Mary - What is the shortest expiry available for plain vanilla options?
- Question from Lincan - ;My go to options strat 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?
- Question from Steve: With the VIX so low, I am not selling a lot of options anymore, because I am afraid that I will not collect enough premium. Am I thinking of this incorrectly?
 Trading Tech Talk 61: Tackling Market Data Fees, AI and More Posted June 21st, 2017 Today we have special guest co-host Rob Brogan from Flextrade. Hot Topics in Tech: What's going on in fintech?  Option Block 629: Bitcoin, VIX and Becoming a Pro Trader Trading Block: Green screens. Did we turn a corner? Channeling Don S. Do we have a lack of shellac? AMZN needs WFM to grow? Everyone wants to be everything. Mike's disclosure moment. Odd Block: Puts trade in Marriott Vacation Club (VAC), puts roll in Alerian MLP (AMLP) and put buying in Pattern Energy Group (PEGI). Mail Block: Options question of the week Everyone is talking about #Bitcoin #Volatility these days. Where do you stand on #Bitcoin after last week's aggressive downturn? - Too Volatile - I'm out
- I'm still bullish
- I want #Bitcoin #Options
- I'm sick of #Bitcoin
Listener Questions: - Comment from Production One: SPX and VIX are far more fun
- 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?
Around the Block: Watching tech. 2500 on the S&P, 8 on the VIX? Â This Week in Futures Options 56: Breakdown Palooza - Emini, Rates, Crude and Bitcoin Posted June 19th, 2017 Topics this week include: - E-Minis
- Rates - Question from Allan German - What happened in rates options this week with the Fed?
- Crude
Futures Options Feedback: Polls, questions, answers, and more! With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading? - 33% - Crude Oil (WTI, etc.)
- 20% - Metals ($GLD, $SLV, etc.)
- 20% - FX (GBP/USD, etc.)
- 27% - Indv. Equities-$TSLA, etc.
Listener questions: - Question from Meravol - Interesting piece in current Modern Trader about selling breakeven strangles. Have you seen? What are your thoughts of this technique? Is it me or are there new techniques for selling strangles all the time that always tend to blow out? Are you not better off selling IC or IB due to limited risk? http://www.futuresmag.com/2016/08/23/strangles-breakeven-pricing
- Question from Tim Vickers - Do you put out a Quickskew report or anything like that?
- Comment from LennyK -Dude Bitcoin. How nice it would have been to have a put this week.
 Volatility Views 259: Revenge of VIX Mullets and Tellums Posted June 19th, 2017 Volatility Review with special guest co-host Mike Thompson from Typhon Capital Management. - Weird Nasdaq selloff that started during last show continues.
- Amazon looks to buy Whole Foods.
- VIX Cash - 10.90, VVIX - 89.95, slightly higher than last week.
- CBOE Skew Index - 134.12, nearly 10 points higher than 2 weeks ago.
- VIX Futures - Front month: .6, Second month: 1.5
Russell's Weekly Rundown - VIX Options: Mon - 780k, Tues - 331k, Wed - 658k, Thurs - 396k, ADV - 713k, VIX Call/Put: 3.5/1; Total 10.1m (7.85m Calls, 2.26m Puts)
- VXX - ADV 364k, OI - 1.3/1 Calls over puts.
- OIV - 29.45
- OVX - 31.90
Volatility Voicemail: Alternative volatility sources With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading? - 33% - Crude Oil (WTI, etc.)
- 20% - Metals ($GLD, $SLV, etc.)
- 20% - FX (GBP/USD, etc.)
- 27% - Indv. Equities-$TSLA, etc.
VIX LIMBO: Last Month 40+% of you said $VIX wouldn't break 9 in 2017. But recent events have us asking again: How low will $VIX get in 2017? - Still Won't Break 9
- Won't Break 8.5
- Won't Break 8.0
- Lookout! 7 Handle in '17
Listener questions and comments - Comment from Angelo - The point from Barclay's about convexity of SPX puts is somewhat meaningless. As long as market stays lofty the bid for those puts will remain. I do not foresee a scenario where market remains elevated but the bid mysteriously disappears for SPX OTM puts. So the VIX cannot realistically break into the 7 or 8 handle. Did like the stat about VIX prints since 1960 though.
Crystal Ball: Wild prognostication. Last week - Mark L. - 9.75
- Mark S. - 9.63
- Russell - 10.60
- Guest - 10
This week - Mark L. - 10.50
- Mark S. - 10.05
- Ghost of Russell - 9.15
- Guest - 12.25
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Where to Find Options Insider Radio? Do you know all the ways you can access Options Insider Radio                
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 Â
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