Featured Interview Equity options volume up 20 percent in July In July, overall exchange-listed options volume reached 367,568,020 contracts, up 17 percent from July 2017. Equity options volume reached a total of 333,216,875 contracts, a 20 percent increase from July 2017. This includes cleared ETF options volume of 126,246,601 contracts last month, an 11 percent increase compared to July 2017 volume of 113,596,199 contracts. Index options volume was down six percent with 34,351,145 contracts in July. Here are the market share statistics (Source: OCC) Exchange | Equity | Index/Other | Exchange Total |  | Volume | Market Share | Volume | Market Share | Volume | Market Share | AMEX | 26,527,973 | 7.96% | 200 | 0.00% | 26,528,173 | 7.22% | ARCA | 34,150,132 | 10.25% | 132 | 0.00% | 34,150,264 | 9.29% | BATS | 29,301,066 | 8.79% | 0 | 0.00% | 29,301,066 | 7.97% | BOX | 8,417,256 | 2.53% | 0 | 0.00% | 8,417,256 | 2.29% | C2 | 9,497,242 | 2.85% | 145,705 | 0.42% | 9,642,947 | 2.62% | CBOE | 51,505,291 | 15.46% | 33,811,852 | 98.43% | 85,317,143 | 23.21% | EDGX | 10,024,512 | 3.01% | 0 | 0.00% | 10,024,512 | 2.73% | GEM | 15,882,799 | 4.77% | 11,451 | 0.03% | 15,894,250 | 4.32% | ISE | 29,750,146 | 8.93% | 86,792 | 0.25% | 29,836,938 | 8.12% | MCRY | 422,116 | 0.13% | 0 | 0.00% | 422,116 | 0.11% | MIAX | 15,070,924 | 4.52% | 0 | 0.00% | 15,070,924 | 4.10% | MPRL | 17,513,663 | 5.26% | 0 | 0.00% | 17,513,663 | 4.76% | NOBO | 1,080,320 | 0.32% | 0 | 0.00% | 1,080,320 | 0.29% | NSDQ | 28,283,044 | 8.49% | 0 | 0.00% | 28,283,044 | 7.69% | PHLX | 55,790,391 | 16.74% | 295,013 | 0.86% | 56,085,404 | 15.26% | OCC Totals | 333,216,875 | 100.00% | 34,351,145 | 100.00% | 367,568,020 | 100.00% |
  Upcoming Economic Reports A preview of what may move the market this week
TIME (ET) | REPORT | PERIOD | FORECAST | PREVIOUS | MONDAY, AUG. 6 | 11:00 AM | Survey of consumer expectations | July | Â | Â | TUESDAY, AUG. 7 | 10:00 AM | Job openings | June | -- | 6.6 mln | 3:00 PM | Consumer credit | June | -- | $25 bln | WEDNESDAY, AUG. 8 | Â | None scheduled | Â | Â | Â | THURSDAY, AUG. 9 | 8:30 AM | Weekly jobless claims | 4-Aug | 218,000 | 218,000 | 8:30 AM | Producer price index | July | 0.30% | 0.30% | 10:00 AM | Wholesale inventories | June | -- | 0.60% | FRIDAY, AUG. 10 | 8:30 AM | Consumer price index | July | 0.20% | 0.10% | 8:30 AM | Core CPI | July | 0.20% | 0.20% | 2:00 PM | Federal budget | July | -- | -$43 bln |
 Options Insider Radio Network Episodes you may have missed from Options Insider Radio last week
Option Block 735: The AAPL, TSLA, VIX Trifecta Posted August 3rd, 2018 Trading Block: A review of the week from a trading perspective. APPL (earnings were on Tuesday) Apple makes history by becoming first U.S. company to reach $1 trillion market value Earnings: Thursday - Activision/Blizzard, Shake Shack, Blue Apron, Go Pro Friday - CBOE Odd Block: WMB Call-palooza and GRPN Pre-Earnings Call 1x2. Strategy Block: Uncle Mike Tosaw discusses the possible outcome of more rate hikes. Mail Block: Listener questions and comments Question of the week: Earnings Season is still in full swing. Which names will dominate your #Options trading this week? Apple - $AAPL Tesla- $TSLA GoPro - $GPRO CBOE - $CBOE Listners weigh in: Question from Andrew Lane - I tried searching for options on the major advisor news sources including Pensions & Investments and Financial Advisors magazine and came up blank. Why do these mainstream outlets ignore this space? Where should I go to learn more about options for advisors? Around the Block: What's coming up of interest?  This Week in Futures Options 113: Blu Breaks Down Oil, Ags, Equities and Crypto Posted August 3rd, 2018 Our featured guest in this episode is Blu Putnam, Chief Economist at CME Group. Topics this week include: Crude/Brent/WTI Equities/Russell Ags/SoybeansGold/Metals Question form Robinar - La nina or el nino? Which one is good for U.S. Ags? I always forget. Bitcoin/Crypto  Options Playbook Radio 219: GOOGL Options Trades Post-Earnings Posted August 2nd, 2018 We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Two weeks ago, we did a diagonal spread in GOOGL. Let's follow up on how that went, and look at a skip-strike butterfly, as well. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: How was the diagonal spread set up? What happened to GOOGL since the paper trade was established? What are we doing now? Setting up the skip strike butterfly Selecting strikes and expiration date What is the cost? Remember implied volatilities! What happens if we are wrong? Right? 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.  OIC 2018 Panel - Options and the Institutional Investor Posted August 2nd, 2018 Options and the Institutional Investor Richard Johnson, from Greenwich Associates, presents findings from their Institutional Participant research study, followed by a conversation with industry panelists.  Option Block 734: Talking AAPL, TSLA, VIX and More Posted July 31st, 2018 Trading Block: The week in trading (so far) Social media tech stocks are taking a bath Earnings: Tuesday - Apple Wednesday - Tesla Thursday - Activision/Blizzard, Shake Shack, Blue Apron, Go Pro Friday - CBOE Odd Block: More Jan 2019 50 puts in Tesla Motors Inc. (TSLA), line-in-the-sand puts in Adient PLC (ADNT), and put sweeps in AK Steel Holding Corporation (AKS). Mail Block: Options question of the week Earnings Season is still in full swing. Which names will dominate your options trading this week? Apple, $AAPL Tesla, $TSLA GoPro, $GPRO CBOE, $CBOE Listener comments: Comment from Value Dissenter -Tesla. Yay puts. Question from Ellen - When would you buy those $TSLA Jan 50 puts? Question from LOO7 -I think the market is top heavy here. What should I be looking at in terms of options trades? I mostly own spy in my portfolio. Straight 5% OTM puts or something else? Around the Block: What's on the radar for the rest of the week?  Advisors Option 69: Trading Options During Earnings Season Posted July 31st, 2018 The Buzz: What do busy financial advisors need to know? Coffee with Cott from the Options Industry Conference. Earning Season and Options Trading ORATS Earnings Volatility Analysis Options question of the week: Trading options during earnings season can be challenging. Some live for it while others avoid it. Do you hold options positions through earnings announcements? If so, what is your approach? Or do you prefer to trade just before/after the event? Or is it all too risky? 28% - Yes, Short Premium 20% - Yes, Long Premium 25% - No, Too Risky 27% - I trade around the event OIC'S Annual Summit on Fundamental and Technical Analysis OIC recently hosted its annual Summit on Fundamental and Technical Analysis. How did that go? What was the reception for your panel? What is an important takeaway? Office Hours: Listener questions and comments Question from Options Knight - Loving the AO show. Great stuff as usual from OI network. Was surprised to hear a whole episode about calendar spreads. Are there a lot of advisors out there doing calendars for their clients? Or is that more of an educational piece for the bleeding edge of the advisor space who are looking for something a little more compelling for their high-end clients? Either way I loved the episode and think more advisors should be doing this stuff. Just wondered what you boots-on-the-ground guys thought about the actual reach of the strategy. Question from FlyGuy - Hey what do you guys do with your long calendar spreads? Do you close out the short leg if the stock doesn't move then keep the long leg or just close the whole spread out? Comment from DaLegit - Great show on calendars. I'm still working up to that level. Not sure I'm ready yet but when I am you guys will be the first to know. Question from Teal C. - Can you do a show on short calendars? Why use? Pros/cons vs. long calendars? Maybe a cool backtest or two?  Volatility Views 315: VIX Worm Turns, Plus FB, AMZN and More Posted July 30th, 2018 Volatility Review: A look back at the week from a volatility perspective Trump threatens $500B more tariffs, the market still shrugs. VIX Cash - 12.14 VVIX - 91, nine points lower than last week. VIX Options - ADV: 460k, VIX call/put: 3.1/1, Total 6.44m (4.79m Calls, 1.64m Puts) VXX - 30.5, ADV: 248k, Total 2.49m (1.20m Calls, 1.30m Puts) Earnings: Monday - Google Tuesday - AT&T, Verizon Wednesday - UPS, Boeing, Coca Cola, GM, FB, PayPal, Qualcomm Thursday - Amazon, McDonalds, Comcast, Starbucks, Nokia Friday - Twitter, Merck Volatility Voicemail: Listener questions and comments? Question from Vizinator - Are there $VXX equivalents for Nasdaq, Dow and Russell? Comment from Paul F. - Andrew should change his VIX zones to go negative to indicate when VIX is in drawdown mode. Also, shame on him for nickeling Longo on Crystal Ball. He should lose just for that. Question from Dawiz - Gun to head, best VIX options strategy? No dawdling. Top of your head. Crystal Ball: Your prognostication headquarters Last week's guesses: Mark L. - 12.23 Andrew - 12.22 This week's guesses: Mark L. - 12.45 Andrew - 13.25 Where to Find Options Insider Radio? 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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: This Week in Futures Options LIVE at 1:30 Central (NEW DAY, SAME TIME) Option Block LIVE at 3pm Central Friday: Volatility Views LIVE at 12pm Central As always, you can join in the fun at http://mixlr.com/options-insider/ |