The Options Insider Radio Network

On this episode, we are selling a put spread with the intention of buying the stock in Allstate Corporation (stock symbol ALL). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. 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.

THE CRYPTO RUNDOWN 54: Moving On Up HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CRYPTO HOT SEAT SEGMENT GUEST: JAMES PUTRA, TRADESTATION CRYPTO, HEAD OF PRODUCT STRATEGY WHAT IS YOUR BACKGROUND? WHY LAUNCH TRADESTATION CRYPTO? WHAT DO YOU TRADE AT TRADESTATION CRYPTO? CRYPTO EXCHANGES VS. BROKERS BITCOIN BREAKDOWN SEGMENT ANALYSIS OF CURRENT BITCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE BITCOIN IS ON FIRE THE ALTCOIN UNIVERSE SEGMENT ANALYSIS OF CURRENT ALTCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE CRYPTO QUESTIONS SEGMENT QUESTION FROM E: WHILE I AM AT HOME DURING THIS QUARANTINE, WHAT ARE YOUR THOUGHTS ABOUT ME DAY TRADING CRYPTO? FUTURES, OPTIONS OR JUST PLAIN SPOT? QUESTION FROM VICTOR: ARE THE MULTIPLIERS THE SAME FOR CRYPTO OPTIONS? SO IF I SELL ONE PUT DO I GET 100 COINS? WHAT ABOUT THE CONTRACT SPECS? DO THEY ALLOW EARLY EXERCISE? ALSO - DO THEY WORK THE SAME. FOR EXAMPLE, IF I SELL A PUT SHORT CAN I USE THAT TO GET INTO A LONG $BTC POSITION OR ARE THEY CASH SETTLED? INTRIGUED BUT SO MUCH CONFUSION ON MY END. QUESTION FROM ELE5: WHAT IS GOING ON WITH BAKKT CRYPTO? THE LAUNCHED TO A LOT OF FANFARE AND HAVE RAISED HUNDREDS OF MILLIONS. IT SEEMED LIKE EVERYONE WAS INTO THE PHYSICALLY-SETTLED CONTRACTS BUT THAT HASN'T TRANSLATED INTO VOLUME? QUESTION FROM JJLC: WHICH OF THE MAJOR BROKERS DO YOU FEEL HAS THE BEST CRYPTO PRESENCE? COMMENT FROM BIGSIZE: THX FOR THE CRYPTO RUNDOWN. I TUNE IN RELIGIOUSLY EVERY WEEK FOR MY FIX. WHY IS NO ONE ELSE OUT THERE TALKING ABOUT CRYPTO DERIVATIVES?

Option Block 890: Who Needs Furniture in an Apocalypse? HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MARK SEBASTIAN, THE OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT TRADING BLOCK SEGMENT WORST WEEKS UPCOMING FOR THE VIRUS "LIGHT AT THE END OF THE TUNNEL" - LATEST TALKING POINT FROM THE WHITE HOUSE ACKMAN IS CLEARLY LONG VIX: 44.3 - DOWN NEARLY 8 FROM LAST SHOW VVIX: 146 - DOWN 5 FROM LAST SHOW VXX: 42.5 - DOWN 5.3 FROM LAST SHOW ODD BLOCK W LINE IN THE SAND PUTS REVIEW BGS REVIEW NTAP AGGRESSIVE LITS PUTS STRATEGY BLOCK BREAKING DOWN THE BEST WAY TO SELL PUTS IN THIS MARKET AROUND THE BLOCK WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK

Volatility Views 394: Vol Man Is Sad HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MARK SEBASTIAN, THE OPTION PIT MIAX HOT SEAT: TOM JARCK, MIAX EXCHANGE GROUP MIAX HOT SEAT: SIMON HO, T3 INDEX VOLATILITY REVIEW SEGMENT TERRIBLE NONFARMS -AS EXPECTED HIGHEST VOLUME MONTH EVER FOR U.S. EQUITY OPTIONS INDUSTRY SPIKES: 49 - DOWN 14.5 FROM LAST SHOW VIX CASH: 49 - DOWN 15 FROM LAST SHOW VVIX: 145 - DOWN 30 FROM LAST SHOW VOLATILITY VOICEMAIL QUESTION FROM ADAM: IS IT SAFE TO START BUYING OPTIONS AGAIN IN VXX? HAS THE VOL CRASH HAPPENED YET? CRYSTAL BALL WHERE WILL VIX/SPIKES BE NEXT WEEK?

TWIFO 193: Has the Crude Worm Turned HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: SEAN SMITH, FTSE RUSSELL ON THIS EPISODE, MARK AND SEAN DISCUSS: CME MOVERS AND SHAKERS FOR THE WEEK CME GROUP'S MARKET STATS FOR MARCH 2020 EQUITIES CRUDE OIL FUTURES OPTIONS FEEDBACK QUESTION FROM STIPOD: HAVE YOU HEARD ABOUT ANY MORE MARKET MAKERS BLOWING UP OUT THERE RIGHT NOW? QUESTION FROM ERIC: WHAT WAS IT THAT FORCED CME TO LIQUIDATE RONIN CAPITAL LAST WEEK? JUST A RISK ISSUE? COMMENT FROM MARKBRANT15: ANYBODY NOT BUYING IS FINE WITH ME! KID IN A CANDY STORE SCENARIO. NO JOY IN A PANDEMIC HOWEVER. QUESTION FROM TACK3: HOW DOES VOL IN RUT COMP TO SPY RIGHT NOW? MORE? LESS? QUESTION FROM ZANE: I SEE PEOPLE INCLUDING BLOOMBERG WARNING ABOUT USO EVEN THOUGH IT'S CHEAP. WHY? QUESTION FROM MARYC: WHY DON'T YOU GUYS SPEND MORE TIME ON SOME OF THE SMALLER NAMES ON YOUR LIST THAT TEND TO HAVE THE MOST EXTREME MOVES EACH WEEK? COMMENT FROM THORNTON: DEFINITELY NO #HOGLOVE THIS WEEK! QUESTION FROM DARCY: CAN YOU DISCUSS WHAT CME IS DOING TO FIX IT FX OPTIONS?

Today we are rebroadcasting an episode that was initially released on April 24, 2019. We are discussing a bearish trade on Tesla. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. 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 889: How to Lose $15M Selling Puts HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI, THE OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT TRADING BLOCK SEGMENT MORE TERRIBLE JOBS NUMBERS HIGHEST VOLUME MONTH EVER FOR U.S. EQUITY OPTIONS INDUSTRY VIX: 52.5 - DOWN 7.5 FROM LAST SHOW VVIX: 151 - DOWN 9 FROM LAST SHOW VXX: 47.8 - DOWN 2.2 FROM LAST SHOW ODD BLOCK REVIEW APD LINE IN THE SAND PUTS MAIL BLOCK QUESTION FROM BRIAN COLLAMER: HI GENTS! IN MY ROTH I'M LONG A COUPLE OF 300/305 CALL SPREADS IN SPY. ONE IS THE 19JUN20 {EXDIV DATE, $1.40 DIV} EXPIRATION AND THE OTHER IS THE 18SEP20 {EXDIV DATE}. BOUGHT THESE DURING THOSE 10% DOWN DAYS, COULDN'T RESIST… ANYHOW, AS I'M SHORT SOME CALLS, WILL I BE ON THE HOOK FOR THE DIVIDENDS SHOULD THESE 300 CALLS GO ITM? IF THE SHORT CALLS DO GO ATM/ITM, I NEED TO LOOK AT THE BID FOR THE 300 PUTS AND COMPARE TO DIVIDEND RIGHT? DO I NEED TO WORRY ABOUT THIS ON THE EX-DIV DATE OR THE PAYOUT DATE? THANK YOU FOR YOUR FANTASTIC PODCASTS!!! BRIAN PS - I STILL MISS THE O.O SHOW ON TOS...... QUESTION FROM DAMIAN: HEY THERE, LOVE THE SHOW! I HAVE A QUESTION ABOUT THE LONG PUTS SPREAD. IS IT POSSIBLE TO MODIFY IT BY ADDING A DIAGONAL COMPONENT? SPECIFICALLY, BUYING ONE ITM CALL WITH LONG EXPIRATION AND BUYING ONE ITM PUT AT SHORT TERM EXPIRATION? MY EXPECTATION FOR THE UNDERLYING IS LONG TERM BULLISH AND SHORT TERM OR PERIODIC WEAKNESS. I AM NEW TO OPTIONS AND THOUGHT ABOUT THIS STRATEGY AS A WAY TO HEDGE A LEAPS POSITION AND POSSIBLY PROFIT DURING SHORT TERM DOWN SWINGS. WOULD THIS EVEN WORK, TOO EXPENSIVE, OR IS THERE A BETTER WAY (PROBABLY) TO EXECUTE THIS STRATEGY? THANKS SO MUCH! QUESTION FROM NIKOLAI: DOES UNCLE MIKE STILL LIKE $XLE TO PLAY ENERGY/OIL OR DOES HE PREFER $USO? AROUND THE BLOCK WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

THE CRYPTO RUNDOWN 53: Crypto Quick Hit HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP BITCOIN BREAKDOWN SEGMENT ANALYSIS OF CURRENT BITCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE THE ALTCOIN UNIVERSE SEGMENT ANALYSIS OF CURRENT ALTCOIN TRADES, TRENDS, VOLUME, VOLATILITY, SKEW AND MORE CRYPTO QUESTIONS SEGMENT QUESTION FROM PJ SANDWICH: Do my options still exist if the exchange shuts down or if trading is halting? Can I close them out? QUESTION FROM SWEET BABY RAY: Why does everyone quote notional in crypto options? Why can't I get a contract count? QUESTION FROM NLCC: Have you heard of any new exchanges entering the crypto options market? QUESTION FROM JACK: You always say 2-3% is a good estimated expense range for portfolio protection in major indices. Does that also hold true for $BTC or should we realistically expect to pay more?

Option Block 888: Why The Heck Are We Rallying? HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MARK SEBASTIAN, THE OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT TRADING BLOCK SEGMENT WE'RE RALLYING YET AGAIN...FOR SOME REASON. TERRIBLE JOBS NUMBERS...GROWING DEATH TOLLS….INCREASING THE CLOSURE AND DISTANCING UNTIL 4/30, TALKS OF SHUTTING DOWN THE MARKETS - AND WE'RE RALLYING!! GS TRADING NEAR $4. PROBABLY $4 TOO HIGH VIX: 60 - UP 2 FROM LAST SHOW VVIX: 160 - DOWN 7 FROM LAST SHOW VXX: 50 - UP 3 FROM LAST SHOW ODD BLOCK PM CALL CRUSHING LYG LINE IN THE SAND PUTS STRATEGY BLOCK HOW TO EXPERTLY TAKE TAX LOSSES IN THIS MARKET MAIL BLOCK QUESTION FROM STOCKPICKER320: I HAVE A QUESTION. WITH THIS CRAZY CORONAVIRUS IMPACTED STOCK MARKET WHAT WOULD HAPPEN IF A PERSON OWNED A CALL OR PUT OPTION AND THE STOCK MARKET CLOSED FOR AN EXTENDED PERIOD OF TIME AND THE OPTIONS EXPIRATION DATE WAS DURING THIS TIME PERIOD? WOULD THE CALL OR PUT OPTION BECOME WORTHLESS IF THE STOCK MARKET OPENED AFTER THE OPTION EXPIRATION DATE HAD PASSED? AFTER 911 I THINK THAT THE STOCK MARKET WAS CLOSED FOR 6 DAYS. AROUND THE BLOCK WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

The Advisors Option 89: The Rise of Pandemic Volatility HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MATT AMBERSON, OPTION RESEARCH & TECHNOLOGY SERVICES CO-HOST: CHRIS HAUSMAN, SWAN GLOBAL INVESTMENTS CO-HOST: ERIC COTT, OPTIONS INDUSTRY COUNCIL THE BUZZ A HISTORIC WEEK/MONTH FOR THE MARKETS THOUGHTS ON CURRENT MARKET/VOLATILITY REGIME IMPACT OF ELECTRONIC SPX ON LIQUIDITY. OVERVIEW OF NEW VOLUME RECORDS SET BY OCC - OCC FEBRUARY TOTAL VOLUME UP 60.7 PERCENT FROM A YEAR AGO - HIGHEST VOLUME MONTH EVER FOR U.S. EQUITY OPTIONS INDUSTRY WHAT ARE ADVISORS THINKING ABOUT THIS MARKET? EARNINGS VOLATILITY: EARNINGS SEASON RUNDOWN OPTIONS 101: LONG STRADDLES THE STRATEGY THAT WE LOVE TO MOCK IS ACTUALLY WORKING RIGHT NOW. THAT JUST GOES TO SHOW HOW CRAZY THINGS NEED TO BE TO MAKE MONEY ON LONG STRADDLES. WHAT IS IT THOUGHTS/TIPS FOR TRADING LONG STRADDLES WHY ARE STRADDLES WORKING RIGHT NOW? OFFICE HOURS QUESTION FROM TILLE: THE NEW TAX DEADLINE IS JULY 15. DOES THAT MEAN THE NEW IRA CONTRIBUTION DEADLINE IS ALSO JULY 15? QUESTION FROM ALLEN: WHEN CORPORATIONS ANNOUNCE MASSIVE SURPRISE DIVIDENDS IS THIS ACCOUNTED FOR IN THE OPTIONS? OR IS THERE AN OPPORTUNITY TO PURCHASE PUTS TO TAKE ADVANTAGE OF THE EXPECTED SELLOFF IN THE UNDERLYING STOCK. THANK YOU. QUESTION FROM NNJ66: WHAT HAPPENS IF THE STOCK IS HALTED OR EXCHANGES ARE SHUT DOWN WHEN I OWN PUTS? QUESTION FROM EVERYTRADE: QUESTION FOR AO. HELLO. MY QUESTION IS FOR THE ADVISORS OPTION PROGRAM. I WOULD LIKE TO KNOW WHEN IS THE BEST TIME TO TAKE OFF A LONG PUT POSITION ON A STOCK? WHEN THE STOCK HITS THE STRIKE? BEFORE. AFTER? THANK YOU VERY MUCH.