TCR 31: Adult Swim Time For The Crypto Markets

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• GUEST CO-HOST: BILL ULIVIERI, Principal /Owner - Cenacle Capital Management

BITCOIN BREAKDOWN SEGMENT

• THEY ARE FINALLY HERE! CME Group to Launch Bitcoin Options in Q1 2020
• BTC DOWN $340 FROM LAST SHOW
• HIGH OF THE WEEK: $10,303 ON 9/16 - SHOW DAY
• SOLD OFF TO $9807 BY 9/18 (WEDS)
• THURS RALLIED BACK UP TO $10,266
• THEN SELLING OFF BACK TO TODAY'S LEVEL OF $9819
• BTC VOLATILITY: DOWN FROM 49% TO 39%
• BTC OPTIONS VOLUME ON DERIBIT - LIGHT VOLUME WEEK

BTC OPTIONS TRADES OVER THE PAST WEEK

• SELL 150 OCT 6000 PUTS
• SELL 100 DEC 28,0000 CALLS
• BTC CALL/PUT RATIO -DOWN DRAMATICALLY TO 35% FROM 55%
• BTC OPEN INTEREST - OI UP SLIGHTLY TO $$641M FROM $587M
• CME BTC FUTURES - DECENT VOLUME WEEK

BITCOIN NEWS

• Will Bakkt send Bitcoin's price skyrocketing? -
• BINANCE TO LAUNCE U.S. OPERATIONS

THE ALTCOIN UNIVERSE SEGMENT

• ETH: ETH RALLY UP APPROX. $17 FROM LAST SHOW TO $207
• XRP - IS RIPPLE BACK? UP OVER $.02 FROM LAST SHOW. SPIKED UP TO $.32 ON 9/18
• LTC - UP $2 FROM LAST WEEK
• BITCOIN CASH - UP APPROX. $3 FROM LAST SHOW

CRYPTO QUESTIONS SEGMENT

• QUESTION FROM BIG NICK: Is the Bakkt launch a bullish factor for BTC?
• QUESTION FROM SERIELS: What about options on altcoin?
• QUESTION FROM CVTY: Do u think cme launched btc options to steal some thunder from the bakkt launch?