Upcoming Economic Reports
A preview of what may move the market this week
 | TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | | MONDAY, JULY 3 | | 9:45 AM | Markit manufacturing PMI | June | -- | 52.1 | | 10:00 AM | ISM manufacturing index | June | 55.50% | 54.90% | | 10:00 AM | Construction spending | May | 0.30% | -1.40% | | Varies | Motor vehicle sales | June | 16.6mln | 16.6mln | | TUESDAY, JULY 4 | |  | None scheduled, Independence Day |  |  |  | | WEDNESDAY, JULY 5 | | 10:00 AM | Factory orders | May | -0.70% | -0.20% | | 2:00 PM | FOMC minutes |  |  |  | | THURSDAY, JULY 6 | | 815 am | ADP employment | June | -- | 253,000 | | 8:30 AM | Weekly jobless claims | 1-Jul | 248,000 | 244,000 | | 8:30 AM | Trade deficit | May | -$46.2bln | -$47.6bln | | 9:45 AM | Markit services PMI | June | -- | 53 | | 10:00 AM | ISM nonmanufacturing index | June | 56.50% | 56.90% | | FRIDAY, JULY 7 | | 8:30 AM | Nonfarm payrolls | June | 174,000 | 138 | | 8:30 AM | Unemployment rate | June | 4.40% | 4.30% | | 8:30 AM | Average hourly earnings | June | 0.30% | 0.20% |
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 Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week
Option Block 632: Managing Your Trades When You're Away Posted June 30th, 2017 It's all strategy in this abridged episode of the Option Block. Today, Uncle Mike discusses what you can do when you're not connected to your computer, including: - Take your mobile device with you
- Have the phone number for the trading desk
- Contingent orders and alerts
- Why not to have a limit order on a contingency
- Setting alerts
Options Playbook Radio 164: GOOGL Skip-Strike Butterfly Posted June 29th, 2017 Today Brian covers a skip-strike butterfly, which you can find on page 109 of The Options Playbook. This is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: - What are the right circumstances for trading a skip-strike butterfly?
- A bad news event in GOOGL creates an interesting situation for options traders
- Where is GOOGL right now?
- What exactly is a skip-strike butterfly?
- What's our forecast?
- Where is the at-the-money straddle?
- Setting up the trade
- Picking strikes
- Picking expiration
- What's the maximum risk?
- What will this cost?
- Butterfly considerations
- What do we want to happen?
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 Option Block 631: Talking VIX, Apple, Bitcoin, Oil and More Posted June 27th, 2017 Trading Block:Â Wall St. boosted by tech stocks, rebound in oil prices;Â Bitcoin Tumbles to Lowest Level in More Than a Week Odd Block: Put buying in Darden Restaurants (DRI), put spreads trading in iShares MSCI Taiwan Index (EWT) and puts trading in Iridium Communications (IRDM) Mail Block: Options Question of the Week 1 Everyone is talking about #Bitcoin #Volatility these days. Where do you stand on #Bitcoin after last week's aggressive downturn? - Too Volatile, I am out
- I am still bullish
- I want #Bitcoin #Options
- I am sick of #Bitcoin
Options Question of the Week 2 Let's get back to basics. #Options are great way to get long (bullish) exposure to stocks & futures. What's your fav way to go long? - Long Call/Call Spread
- Short Put/Put Spread
- Stock(Future) Replacement
- Bullish Risk Reversal
Listener Questions and Comments - Comment from FContangotrader - I can't wait to start trading options on bitcoin.
- Comment from Mrs Wartsoff - Paper trading does not count!!!!
- Question from Jeli -Can I buy longer term options than LEAPs?
- Question from Andrew Freeman: I know mike is out of AAPL but if he had to make an options trade out there now what would it be? There's no bid on the 70 puts and they only list December puts down to 80 where they are bid for nine cents.
Around the Block/This Week in the Market - Jun 27: Consumer Confidence
- Jun 28: International Trade
- Jun 29: Jobless Claims, GDP
- Jun 30: Personal Income, Consumer Sentiment
 Volatility Views 260: Petty Fights about Volatility Posted June 26th, 2017 Volatility Review: A look back at the week from a volatility perspective. - VIX Cash - 10.15, VVIX - 84.21, slightly higher than last week.
- VIX is not a Fortune Teller
- CBOE Skew Index - 130.86, calmer than last week.
- VIX Futures - Front month: 1.5, Second month: 2.3
Russell's Weekly Rundown: - VIX Options: Mon - 746k, Tues - 1.3M, Weds - 912k, Thurs - 347k
- VIX Call/Put: 4.1 / 1
- Twenty-two Day C/P OI Moving Average: 3.32
- Total 7.08m (5.69m Calls, 1.39m Puts)
- OIV - 31.5
- OVX - 32.6
Volatility Voicemail: Questions. Comments. More. 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 am out
- I am still bullish
- I want #Bitcoin #Options
- I am sick of #Bitcoin
Questions and comments - Comment from Production One? -SPX and VIX are far more fun! Also far more profitable and secure! Bitcoin snobs got nothing over the Vol cognoscenti!
- Comment from PocketTissues -Goldman guy has the right idea. VIX should be above ten right now with everything going on. One good Trump tweet and we could be at war and VIX is in the 20s or 30s.
- Question from Nico - What do you think of other Vix type indicators like Merrill Lynch Move Index and the rest? Also what?s up with VolDex?
Crystal Ball: Wild and reckless prognostication This week - Mark L. - 9.70
- Mark S. - 10.05
- Russell - 9.25
This Week in Futures Options 57: Time for a QuikSkew Trade in Corn Posted June 26th, 2017 Topics this week include: Flash Poll: Crude Oil is taking a beating. Is the selloff overdone or is it a sign of things to come. Where do you think WTI will be at the end of 2017? - Around here (40-45)
- Much lower (lower than 38)
- A little higher (50-55)
- Much higher (above 55)
Futures Options Feedback: Listener questions and comments Question from Ian Wagner: Hey TWIFO. I'm confused about gold options. Is there an options contract that tracks the future that is liquid? Question from Ron Switzerland: What do you think about vol before the next USDA reports in corn? Question from Mr. Bugato: What's paying the rent this week? QOTW: Everyone is talking about #Bitcoin #Volatility these days. Where do you stand on #Bitcoin after last week's aggressive downturn? - Too volatile, I am out
- I am still bullish
- I want #Bitcoin #Options
- I am sick of #Bitcoin
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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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