The Options Insider Radio Network

OPR 280: Lay Down Until The Urge Passes On today's episode, we answer your listener questions about strange calendar strategies, short-term options trading, after-hours options trading and more. Do you have a question that you want answered on a future episode? Send it to Brian at TheOptionsGuy@invest.ally.com, or to the Options Insider at Questions@TheOptionsInsider.com.

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP GUEST CO-HOST: JOSH GREEN, HEAD OF TRADING, DIGITAL ASSET CAPITAL MANAGEMENT BITCOIN BREAKDOWN SEGMENT CRYPTO TRENDING MUCH LOWER SINCE LAST SHOW? DOWN OVER $1500 FROM LAST SHOW HIT A 3.5 MONTH LOW THIS WEEK HIGH OF THE WEEK: CAME DURING OUR SHOW DAY LAST WEEK AT $9827 SOLD OFF AGGRESSIVELY ON TUESDAY TO $8364 BROKE $8K AND HIT $7943 ON THURSDAY WAS TRADING $7763 THIS MORNING AND NOW HAS RALLIED NEARLY $300 TODAY BTC OPTIONS TRADES OVER THE PAST WEEK SELL 400 NOV 1300 CALL SELL 200 SEPT 7000 PUT - NOW EXPIRED BITCOIN NEWS Where BTC and the Crypto Market Stand Now CME BTC FUTURES - DECENT VOLUME DAY AND ACTIVE WEEK THE ALTCOIN UNIVERSE SEGMENT MIXED WEEK FOR ALTCOIN ETH: ANNIHILATED OFF NEARLY $30 FROM LAST SHOW XRP - LOOKS LIKE RIPPLE ISN'T BACK AFTER ALL LTC - CRUSHED - DOWN $16 FROM LAST WEEK BITCOIN CASH - CRUSHED - DOWN $77 FROM FROM LAST SHOW CRYPTO QUESTIONS SEGMENT COMMENT FROM Bingotrader: Why are they manipulating the crypto price down? Not approving etfs is tantamount to favoring shorts QUESTION FROM TALEION: Are you guys concerned about the recent selloff or is this just a blip? COMMENT FROM CAPBEX: So much for Bakkt being the starting point of a new huge BTC rally. This selloff coincides almost exactly with the launch of their future. Coincidence?

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: KONSTANTIN VRANDOPULO, ACTIVE TRADER STRATEGY DESK TRADING BLOCK SEGMENT MARKET BACK IN RALLY MODE VIX 16.5 - DOWN .35 FROM LAST SHOW VVIX: 99 - DOWN 2 FROM LAST SHOW VXX: 23.7 - DOWN .3 FROM LAST SHOW FIDELITY REVIEW?: (technicals and options activity) AAPL/ AMZN/ BABA/ MU AAPL SURGES TO 11 MONTH HIGH TSLA BACK IN THE NEWS PELOTON IS CRAP ODD BLOCK CHECKING IN ON SILVER LOVE IN PAAS NET LINE-IN-THE-SAND PUTS HAIN UPSIDE CALL SALE AROUND THE BLOCK WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK? STZ and PEP earnings on 10/03 before market open and COST after the close

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MATT AMBERSON, PRINCIPAL, OPTION RESEARCH & TECHNOLOGY SERVICES CO-HOST: CHRIS HAUSMAN, PORTFOLIO MANAGER, MANAGING DIRECTOR OF RISK, SWAN GLOBAL INVESTMENTS THE BUZZ CHRIS: OVERVIEW OF YOUR PRESENTATION FROM RMC AND INTERESTING TAKEAWAYS FROM RMC OVERALL. MATT: ANALYZING EARNINGS SEASON VOLATILITY. OPTIONS 101: BOOSTING INCOME FROM YOUR PORTFOLIO THE GOLD STANDARD - AKA THE COVERED CALL SHORT PUTS COVERED COMBO COLLAR OFFICE HOURS QUESTION FROM PLC4: Is there such a thing as too much hedging? How many puts or how much of my portfolio should I allocate toward this strategy? QUESTION FROM ELIWAVE: What are your opinions of binary options as a viable hedging or speculative vehicle against client long equity portfolios?

Host: Mark Longo, The Options Insider Media Group MIAX Hot Seat Co-Host: Shelly Brown - Executive Vice President, MIAX Exchange Group Co-Host: Andrew Giovinazzi, Option Pit Guest Co-Host: Brian Overby - Senior Options Analyst, Ally Invest VOLATILITY REVIEW Update on the latest trades, trends and developments in the world of volatility including: MARKET SELLING OFF AGAIN OVER MORE CHINESE / U.S. TENSIONS VIX cash, Spikes,VIX Futures and VVIX overview. VIX options breakdown - LIGHT VOLUME WEEK Spikes options breakdown - 18- UP OVER 4 FROM LAST SHOW VIX cash - 17.5 - UP APPROX. 3.5 FROM LAST SHOW VVIX - 104 - UP NEARLY 4 PTS FROM LAST SHOW VXX - 24.3 - UP 1.3 FROM LAST SHOW VIX Futures Curve - STILL IN CONTANGO And much more… SPIKES FUTURES HERE WE GO! WE HAVE A LAUNCH DATE! Volatility Index SPIKES Futures are expected to launch on MGEX on November 18, 2019, subject to Commodity Futures Trading Commission (CFTC) approval. SPIKES Futures will be available on MGEX via the CME Globex platform, providing the SPIKES Futures product with significant distribution from day one. BIG VOLATILITY WAGERS HIT MARKETS At least one options investor dished out $4.3 million for bullish bets on the VIX that would pay out if the gauge jumped to 23 by October, a huge advance from its current level, according to data provider Trade Alert. Another large trade would pay out if the gauge jumped to 25, a level it hasn't closed at since early January. VOLATILITY VOICEMAIL QUESTION FROM IRL8: Do brokers charge more to trade VIX and volatility products? QUESTION FROM CO54: Does this notion of having approval levels for vol etps have legs? THE CRYSTAL BALL Where will VIX/SPIKES be next week? MARK: 17.55 ROCK LOBSTER: 9.97 BRIAN: 20

HOST: MARK LONGO, THE OPTIONS INSIDER CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: TREY JARRELL, Active Trader Strategy Desk - ATS East TRADING BLOCK SEGMENT IMPEACHMENT VOL PREMIUM IS IN THE AIR. VIX 16.85 - UP 1.7 FROM LAST SHOW VVIX: 101.5 - UP 1 FROM LAST SHOW VXX: 24- UP 1. FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY ODD BLOCK CHECKING IN ON THAT EARNINGS CALL SWEEP IN NIKE CHECKING IN ON DISH CALL PALOOZA KBH HAS HIGHEST OPTIONS VOLUME/20-DAY AVERAGE MAIL BLOCK QUESTION FROM VRNQEET: Hi where is market heading on monday QUESTION FROM Kevin Duggan: SPY paid a dividend today and is trading 67 cents lower this morning but, my SPY Calls are actually 6 cents higher. I expected them to fall! Can you please help me understand why the Calls are not down? Thanks! QUESTION FROM Louis_Winthorpe_III: I'm in $CLDR call options. Let's do a review. QUESTION FROM NELSON: Is it realistic to always have a long put against an equity portfolio or is that just too much drag on returns? I've approached this with a few clients and had some embrace it and others push back against the cost.

HOST: Mark Longo, The Options Insider Media Group CO-HOST: Sean Smith, MD - Derivatives Licensing, FTSE Russell CME HOT SEAT GUEST: Tim McCourt, MD - GLOBAL HEAD OF EQUITY PRODUCTS, CME Group WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK? EQUITIES IMPEACHMENT VOL PREMIUM IS IN THE AIR. VIX: 16.85 - UP 1.7 FROM LAST SHOW VVIX: 101.5 - UP 1 FROM LAST SHOW RVX: 21 - UP 2.3 PTS FROM LAST WEEK VIX/RVX SPREAD: 4.15 - MUCH TIGHTER THAN LAST WEEK SEAN - ANY INTERESTING RUSSELL DEVELOPMENTS/STUDIES FROM RMC? RUSSELL 2000 FOCUS PANEL - ANY TAKEAWAYS ANY INTEREST FROM EUROPEAN CLIENTELE ON U.S. SMALLCAP STOCKS? ANY INTEREST IN RVX FROM EUROPE? THE RETURN OF CRYPTO Recorded interview with Tim McCourt - CME Group

On today's episode, Brian explores a long straddle trade in Roku. However, to offset any volatility fears, he also adds a nearer-term short strangle against his long straddle position - effectively creating a time Iron Butterfly position. Do you have a question that you want answered on a future episode or a strategy that you'd like Brian to examine? Send it to Brian at TheOptionsGuy@Invest.Ally.com, or to the Options Insider at Questions@TheOptionsInsider.com.

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?

OB 840: A Shiny Bauble For Your Sweetheart HOST: MARK LONGO, THE OPTIONS INSIDER CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: Colin Songer, Active Trader Strategy Desk - ATS East TRADING BLOCK SEGMENT SEEMED LIKE THE VOLATILITY WORM WAS TURNING ON FRIDAY. VIX 15.15 - UP 1.3 FROM LAST SHOW VVIX: 100.5 UP 4 FROM LAST SHOW VXX: 23- UP 1.2 FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY FIDELITY REVIEW?: ROKU- 48% buys 52% sells, new sophisticated measurement tools on tv, last trade 109.59 +1.54 (1.47%), below 20 and 50 but still above its 200 ma (down over 30% since high on 9/9). Volume call to put ratio is sitting at 1 call to 1.25 puts vs. 1.23 calls to 1 put for 90 day average. Amzn- 63% buys 37% sells, 1788.00 -6.16 (-.34%), sitting on 200 ma but below its 20 and 50 and 20 below 50. Call to put ratio is about the sameNflx- 47% buys 53% sells, 264.41 -6.41 (-2.36%), below all major ma. Not at year low of 231.23 which was created 12/26. Volume call to put ratio is 1 call to 1.25 put traded compared to 1.2 calls to 1 put for 90 day average volume. Aapl- 51% buys 49% sells, looking to make new mac pro pcs in us after some tariff exemptions to lower cost of imported components, 219.14 + 1.41 (.61%), above all its major ma, volume call to put ratio is 1.73 calls to every 1 put traded vs. 1.22 call to 1 put of the 90 day average. Tvix- 46% buy 54% sells, 12.80 -.30 (-2.29%), close to its 52 week low that was created just two days ago on 9/19, below all its major moving averages. MOST ACTIVE INDICES MOST ACTIVE EQUITY OPTIONS ODD BLOCK ADI OUT-OF-SEQUENCE RATIO RISK REVERSAL PRE-EARNINGS NIKE CALL SWEEP DBX EARNINGS LITS PUTS STRATEGY BLOCK Don't ignore the overall exposure of your positions (overleveraging) aka you can be assigned if even slightly otm. Careful about getting greedy AROUND THE BLOCK WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK? GDP and how repo works itself out. Silver going to make its way back up to its high, spx going to break through that high or fail.