The Options Insider Radio Network

The Advisors approach to navigating the tax when trading covered calls. Learn how to dispel and strategize away from some of the unique tax situation that can develop when implementing a covered call writing approach.

Options news you can use for Monday, June 10, 2019.

VOLATILITY REVIEW Guest: John Smollen - Executive Vice President, Head of Exchange Traded Products and Strategic Relations - MIAX Trade war premium came and went… and came back again… then went again. SPIKES - 16, down 2.5-points from last show VIX CASH - 16, 2.5-points lower from last week VVIX - 84.5, 10-points lower than last show VIX Options - ADV: 679k, Total 7.51M Earnings volatility this week Monday - box Tuesday - GameStop, salesforce Wednesday - Stitch Fix, Campbell Soup Company, Vera Bradley, ABM Thursday - Beyond Meat, ciena VOLATILITY VOICEMAIL #Options #QuestionoftheWeek: #Bitcoin $BTC is hovering around $8500 right now. If you had to make a 1-month #options trade expiring 6/31 - would you rather… Quite the range since the last show - broke through $8000 on the downside now back to $8071 29% - Buy $9000 Call 35% - Buy $8000 Put 31% - Sell $8000 Put 5% - Other, reply/dm w/strat Question from Elliot - Looks like BTC is getting very volatile again. What are you seeing out there right now?\ Question from GLN09 - Is there a bitcoin vix? 5-Star review from East Wave - Extremely insightful information delivered by a very knowledgable (and affable) group with great guests on frequent episodes. Great job guys! (miss Don Schlesinger). Question from DElement - I thought the major obstacle for the approval of new vol products was the lack of an underlying future or ETF. That seems to be the case with the nasdaq volatility products. How were the MIAX team able to get their spikes product approved by the sec without an underlying? Is that normal practice? Question from The Mic - Can you ask the MIAX team if there are any plans for ETPs on spikes similar to VXX or SVXY? Thank you very much for your program. CRYSTAL BALL

TRADING BLOCK Option Pit Summit review Most active indices: VIX - 242k, SPY - 3.27M, SPX - 1.28M Most active equity options: AAPL, BAC, TSLA, AMD, NVDA, FB, BABA, PEP, ROKU, BIDU OCC May volume up 13.1% Earnings: Thursday - Beyond Meat, Ciena ODD BLOCK Puts trade in Tesla Inc (TSLA) Call love in Public Storage (PSA) Call palooza in PG& E Corporation (PCG) MAIL BLOCK Live questions from the fans! Question from Bertim3r - If I register for the archive of the option pit summit will the meatball send me a Gibson's steak in the mail? Question from Ali - What's the best time zone to buy protection on a stock? AROUND THE BLOCK This Week in the Market: Jun 6 - Productivity and Costs Jun 7 - Unemployment

Topics this week include: Crude Oil/WTI Rates Equities Metals/Gold FUTURES OPTIONS FEEDBACK Comment from Optionsgame - You don't need to talk about gold anymore. There is no Vol. Question from Animele - OIV is back in the mid 40s. Do you feel crude vol is somewhat unheralded these days as a tradeable vehicle compared to equity vol? Maybe it's time for a crude vol tradeable product like a VXX to get people into this space?

Options news you can use for Thursday, June 6, 2019.

Today we will look at protection strategies. In this episode we will do a long put spread in Apple. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in 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.

Options news you can use for Wednesday, June 5, 2019.