"I've been trying to buy VIX options for a couple of days and the bid has been very consistent. The only way to get trades done is to buy the offer. That really shouldn't be happening if this rally is real."
Mark, Tony and Dan discuss whether long straddles still work, the proper way to structure time spreads in this environment, short puts vs. credit call spreads, selling puts in USO and much more.
"Bitcoin futures are telling us that many traders are currently keeping their powder dry. That's very surprising given the extreme levels of volatility out there right now."
Discussing the VIX, OPEC and the naked cowboy on this episode of The Option Block.
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Coronavirus has wiped out a decade of oil demand growth. 
"I've been trying to buy VIX options for a couple of days and the bid has been very consistent. The only way to get trades done is to buy the offer. That really shouldn't be happening if this rally is real." 
Mark, Tony and Dan discuss whether long straddles still work, the proper way to structure time spreads in this environment, short puts vs. credit call spreads, selling puts in USO and much more. 
On this episode, we are looking at a straddle in Marathon Oil Corporation (ticker symbol MRO). 
"Bitcoin futures are telling us that many traders are currently keeping their powder dry. That's very surprising given the extreme levels of volatility out there right now." 
