This Week in Futures Options

This episode was originally posted on August 28th, 2017 Topics this week include: S&P and other indexes Silver and Gold Crude Oil Winners: Copper, Soybean oil Losers: Lean hogs, corn Futures Options Feedback: Listener questions and comments Question from Sho Odwa -Hi! Which website publishes real-time commodity options quotes Comment from Allan -I would have thought KC Wheat would be the winner? Question from NN0M -Why did Tosaw put on a two year collar in silver? Why that time frame? Question from ReallyG -Love your #podcasts! Question: market profile displays limit orders. Is there a service that displays stop orders? Just wondering Question from TheBiggers: Calls are typically more bid in futures options than equity options. So does it stand that collars are more effective in futures options?

Topics this week include: Crude Equities/S&P Metals/Silver Bitcoin/Crypto Futures Options Feedback: Options question of the week We're talking about #Crypto #Derivatives at the upcoming @BlockchainVoice Conference (register at http://VoiceOfBlockChain.com). So this week we want to know which #Crypto product you'd like to see listed on a major venue next. 72% - Bitcoin Options 8% - Ripple Options/Futures 15% - Ether Options/Futures 5% - Litecoin Options/Futures Listener questions and comments: Comment from Umesh - (SEC rejecting Bitcoin ETFs) May be they only like to trade futures #BTC Comment from Apex Trading - Good. I have several wells and the low gas price has been sucking! Question from Lil Danger - First selloff, then NVDA, now SEC rejects bitcoin. Is the bloom off the crypto rose? Comment from LVers - Hogs please. Question from Splitsville - Why is long put/covered call a "collar" while short put/long call is a "risk reversal?" Never understood that one.

Topics this week include: Crude/WTI Ags/Soybeans Equities Metals/Gold Bitcoin/Crypto Futures Options Feedback: Listeners take the reins Comments on the U.S./China soybean battlefield Ned Brown has comments on the switch from soybeans to sugar cane Keifer says don't expect business to come back to the U.S. once the tariff is lifted. Liz O. wants to know where to find all of Blu's research (Right here!) Wild Tiger likes the July options review XRP Please: Thanks for the hard work to build XRP liquidity

Today we are joined by: Mike Tosaw from St. Charles wealth management Sean Smith, Managing Director of Derivatives Licensing at FTSE Russell Ron Bundy, CEO of Benchmarks, North America at FTSE Russell Topics this week include: Equities Indices/Russell Crude/WTI Metals/Silver Winners: Oats, Nat Gas, Iron Ore Losers: Rough Rice, WTI, Lumber Futures Options Feedback: Listeners weigh in Question from Dolamite - What's the best way to harvest the higher levels of volatility in the Russell 2000? Question from Leevy - Is this a favorable environment for metals collars - looking at mostly gold and silver not copper or industrial.

Our featured guest in this episode is Blu Putnam, Chief Economist at CME Group. Topics this week include: Crude/Brent/WTI Equities/Russell Ags/Soybeans Question form Robinar - La nina or el nino? Which one is good for U.S. Ags? I always forget. Gold/Metals Bitcoin/Crypto

Topics this week include: Crude Ags/Soybeans Question from LLN9 - Are beans calls showing any hope for an upside move in next six months? Bitcoin/Crypto Futures Options Feedback: Listener questions and comments Question from HLC - I have a couple of FOPs that are going to expire deep in the money but covered by the underlying long future position. When should I expect the long position to disappear from my account so I can hedge accordingly? Would I have the position till EOD Friday or is Thursday the last day? Or it would disappear from my account anytime during Friday? Question from Joanna Lan - What kind of courses do they offer at the CME institute? Are they all in-person or online? Question from Da Brezner - Nick from QuikStrike has suggested being long gold with a hedge. Is he just suggesting being long the futures with a long put hedge or just long gold deltas through something like a risk reversal and then having a long put kicker?

Topics This Week Include: Silver/Gold Crude Equities/Russell Futures Options Feedback Question from Daniel - Saw what looked like a gold fly in the TWIFO report but Nick from QuikStrike said he didn't see it in the block reports. Why is that? Are all trades not reported in the block trade reports? Question from Yancy - I heard it said that there are 20 active names and about 75 tradeable names in the equity options market for retail and that's about it. How does it shake out in futures options?

Topics this week include: Crude Equities/Russell Metals/Gold Ags/Soybeans Futures Options Feedback: Listeners weigh in Comment from L Sert - Missed Nick on the show. What's his thought on the big $150 crude prediction? Question from P Kell - Looking at CME TWIFO page and trying to figure it out. What do the numbers in the 25D and 25D QuikSkew columns mean? Apologize if you've answered this before but just discovered the show.

Topics this week include: Metals Crude Equities/Russell Ags/Soybeans Crypto/Bitcoin Futures Options Feedback: Listners chime in Comment from Trade_The_Swing -Today is sunny as trade tariffs begin, yesterday was cloudy as trade tariffs were about to start, tomorrow will be hot weather cause tariff war de-escalate, all this tariffs noise is beyond silly. Comment from Son of Algos - #BuckleUp #TradeWar No #MAGA Just massive debt, shrinking system liquidity & Trump plunging the West into the Dark ages. Comment from Leveq - I agree with your other listener that it's the brokers putting the brakes on weeklies. I don't even see them listed on my platform. Wth? Question from Desmond - What is the one thing you think people really should know, but don't about the differences between futures options and equity options?

Topics this week include: Crude Equities/Russell Ags Gold Bitcoin Futures Options Feedback: Listeners take over FlashPoll: Crude oil has been on a tear this week. We know that many of you are trading options on this hot commodity. Quite simply - which options product are you using to slake your thirst for Crude oil? WTI? USO? XLE? WTI USO XLE Other Listener questions and comments: Comment from Olivetrader2 -I may have the key to the weeklies mystery or I may be captain obvious. If I want to trade weeklies I need to ask for weeklies options limits to my clearing firm. Regular options limits don't apply. I use @Trading_Tech. I never asked for them because my trading results are usually not good around expiration. And weeklies = more expirations. Question from Leif - Is the use case for Russell 2000 options the same as S&P and Nasdaq - primarily covered calls and protective puts? Question from Tatuf - It looks like crude is setting up to be a decent candidate for call ratio spreads (short 1, long 2). Certainly would have worked out well over past few weeks. Am I just blinded by recentness or does skew data support this long term? OTM calls typically aren't bid too aggressively in WTI. Question from CRHabib - Can CME put out straddle runs on the bitcoin futures contract? That would be fascinating and quite useful.