Upcoming Economic Reports
A preview of what may move the market this week
| TIME (ET) | REPORT | PERIOD | PREVIOUS | | MONDAY, AUG. 21 | | 8:30 AM | Chicago national activity index | July | 0.13 | | WEDNESDAY, AUG. 23 | | 9:45 AM | Markit manufacturing PMI (flash) | Aug. | 53.3 | | 9:45 AM | Markit services PMI (flash) | Aug. | 54.7 | | 10:00 AM | New home sales | July | 610,000 | | THURSDAY, AUG. 24 | | 8:30 AM | Weekly jobless claims | 19-Aug | 232,000Â | | 10:00 AM | Existing home sales | July | 5.52 mln | | FRIDAY, AUG. 25 | | 8:30 AM | Durable goods orders | July | 6.40% | | 8:30 AM | Core capital goods orders | July | 0.00% |
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 Join Us at the Professional Traders Summit
Meet some of your favorite Options Insider Radio co-hosts September 27 - 29
The Professional Traders Summit is presented by some of the sharpest trading minds in the market who are frequently seen on CNBC Fast Money - Fox Business News â Bloomberg - Squawk on the Street, and they are ready to share with you some of their favorite trading strategies. These experts have centuries of experience among themselves, trade for a living, and have taught the art and science of high-performance trading to thousands of other traders. Â Do you want to be next? Plus, it's not all work...here are some events we have lined up just for fun! Â - You will be on the CBOE trading floor for a Mock Trading Session (photo taken!) Â
- Visit with the speakers over complimentary lunches
- Drink and photos with speakers at evening cocktail reception
- Be part of the Options Insider's podcast hosted live during your event
- Surprise Raffle item awarded to one attendee during the speaker panel
Get your ticket now and find out more about the Professional Traders Summit while seats are left!
 Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week Option Block 645: Dragons and Funky 3-Ways Posted August 18th, 2017 Trading Block: WMT and BABA earnings today before the bell. Donald Trump sympathizes with Confederate statues. A look at George Soros options positions. Odd Block: More TSLA Jan 2019 50 "Catastrophe" puts hit the tape today. Call frenzy in Utilities SPDR ETF (XLU). Funky puts trade in Prospect Capital Corporation (PSEC). Rolling puts in WisdomTree India Earnings Fund (EPI). Strategy Block: Uncle Mike Tosaw discusses his recent SPY diagonal spreads. Mail Block/Options Question of the Week: Taking a break from #FireandFury & $VIX to talk #Earnings. Which #Options are you looking forward to trading this week? Listener questions: - Question from Amir - Hi have Apple on a strangle put 155 and call 162.50 until the end of this week. With all the good news I thought it would pop over the 162.50 but now it is at 160.84. Do you think it will go back up or am dead in the water?
Around the Block: VIX and its aftershocks. Feigned rotational love. Watch interest rates.  Options Playbook Radio 171: BABA Backspread Posted August 17th, 2017 Since it's still earnings, season we are going to continue to look at expensive stocks. Today's subject is Alibaba (BABA), and we are exploring a backspread. You can find backspreads in The Options Playbook. This is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. The details: - The difference between a skip-strike butterfly and a backspread
- What do we want to happen?
- Why a backspread over a skip-strike butterfly?
- Earnings-related considerations
- What is the marketplace expecting after the earnings?
- Selecting strikes
- What will this cost?
- What is the timeframe?
- And more...
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.  Option Block 644: Talking Trades with Tub Posted August 15th, 2017 Trading Block featuring Matt "Tubby" Benson. - VIX back in the 12 handle - is Fire and Fury over?
- Sept future down from 15.20 to 13.20
- FIZZ and the Cook County soda tax
Odd Block: Puts trade in Urban Outfitters Inc. (URBN), risk reversal in Hewlett Packard Enterprise Co (HPE), calls trade in Teradyne Inc. (TER). Mail Block/Question of the Week: Taking a break from #FireandFury & $VIX to talk #Earnings. Which #Options are you looking forward to trading this week? Volatility Flash Poll: $VIX Hit 16.17 Thursday. Is this the end of low #Volatility? Or a temporary blip? Which level will $VIX hit first? - 51% - Serious Vol >20
- 28% - Single Digits <10
- 21% - Heck with it - I'm in Cash
Last Week's Question of the Week: Which #Options Exchange or group has carved out the largest piece of the #Options market so far in 2017? - 72% - CBOE/BATS
- 17% - NASDAQ
- 3% - NYSE
- 8% - MIAX & BOX
Listener Questions: - Question from Richard D - Often on segments like the odd block or similar segments on your other shows you talk about someone going bullish or bearish on certain contracts. For example let's take the Tesla way OTM puts you have mentioned. You talk about someone wanting to be long those catastrophic Tesla puts, but for each trade there is some party taking the other side. Since there is always another party in these trades why isn't it the inverse analysis - in this case for example that someone really wants to sell way OTM TSLA puts? Thanks!
- Question from JDiggs - Is the convention for quoting spreads ITM strike then OTM strike? What about time spreads?
Around the Block: Earnings! Investigating Trump. North Korea. China. Volatility Views 267: Feeling the Fire and the Fury Posted August 14th, 2017 Today we feature guest co-host Bill Valentine from Commodore Fund Volatility Review: A look back at the week from a volatility perspective The numbers: - VIX Cash - 16.17 up over 40%, VVIX - 135.32
- CBOE Skew Index - 136.48, VXN - 14.2
- VIX Options ADV - 676k
Russell's Weekly Rundown: - Earnings Volatility: DIS, NVDA & SNAP
Volatility Voicemail: Listener feedback Volatility Flash Poll: $VIX Hit 16.17 Thursday. Is this the end of low #Volatility? Or a temporary blip? Which level will $VIX hit first? - Serious Vol >20
- Single Digits <10
- Heck with It- I'm In Cash
Listener questions: - Question from Jax - What does today's VIX move mean for XIV? Will this blow them out?
Crystal Ball: Wild prognostication Last week: - Mark L. - 9.75
- Mark S. - 10.75
- Russell - 10.25
This week: - Mark L. - 12.55
- Andrew - 12.01
- Russell - 13.50
- Bill - 10.50
 This Week in Futures Options 64: Volatility Explosions Live from S&P 500 Options Pit Posted August 14th, 2017 Today's special guests are Joe Sullivan & JJ O'Keefe, Chicago Capital Markets Topics this week include: - S&P/Indexes
- Floor-based execution
- Volatility and skewMetals: Silver/Gold
- Listener question: Do e-mini, SPY and SPX skew all line up in the same way?
Futures Options Feedback: Listeners weigh in - Question from Chris Thomas: Nick always talks about taking advantage of the skew. Creating a collar, buying the underlying, selling a call with high vol and buying cheap put protection or doing the opposite of that trade if the put has higher vol. I don't have as much experience with futures as I do indices, but "taking advantage of the skew" using spy for example would certainly have lost a ton of money over the past few years (if you shorted stock, sold puts and bought calls). I am definitely leaning more towards selling spreads on the side with high skew in futures because that has made a ton of money over the past few years in SPY and I don't seem to be making money on these collars. Any opinion on this? Anyways, thanks for everything you do and thank Nick for the awesome software.
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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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