This Week In Futures Options

Today we feature co-host Sean Smith, Managing Director or Derivatives Licensing at FTSE Russell Topics this week include: Equities Crude/WTI Gold Futures Options Feedback: Listeners have their say Comment from Patrick Snoke - Only place #hoglove is seriously discussed is @Options #twifo and some underground blogs for lonely farmers. Each for different reasons. Question from Harry H. - Can I buy options on the Russell VIX RVX? My broker doesn't seem to offer them.

Originally Posted February 20th, 2017 Topics this week include: WTI Skew Crude vol Eurodollars Lean Hogs Futures Options Feedback: Listener questions and comments Question from Tom Rios - How has Mexico threatening to buy corn from Brazil and Argentina, rather than the US, impacted corn volatility? Question from McTinney - Hello to the TWIFO team and guest! Can you give a little more color on the longer term calls you outlined in gold options last show? Is this the beginning of a trend or just a blip on the radar? Any similar action in silver? Thanks for the show. Comment from Jim Church - I like the rent concept. Was that Nick or Mark's idea? I think it should be a regular segment. Maybe "Who's paying the rent this week?"

Today's special guest is Jared Caplan, Head of Commodities Trading, Akuna Capital. Topics this week include: Corn Soybeans Futures Options Feedback: In which the listeners take over. Question from T Mal - Jared, What is your opinion on the current speculative interest in corn/beans? It seems large right now. What is your opinion on the extremely large open interest? Corn open interest in particular is very large. Question from Adam Coker - Can you explain the nature of options liquidity for the Ags. They seem to have a unique trading structure that's focused around the planting and harvesting cycle. Are those the months that generally have the most volume and volatility?

Topics this week include: Crude Gold/Metals Indices Bitcoin Futures Options Feedback: Listeners have their say Question from GWCH - You buying that this cryptocurrency rally is based on the sharia law approval? Question from Kennedy -Soros is getting into Crypto. Time to sell? Comment from CTWills - The news of a 16th options exchange make me appreciate the predominantly centralized futures options market. With so many exchanges it's hard to even get a 10-lot spread off these days. Question from Taz41 - Can the strategy screener tool handle ratio spreads and iron condors? Thanks for the great show and so many great tools. Question from BLIO3T -Which products are the ones that you guys have the hardest time wrapping your heads around? For me, it's the hogs. No thanks. Comment from Tom Frank - Not sure I agree with your consensus that covered calls are better for novice options traders. Puts typically have higher implied volatility and should generate higher returns than covered calls over time and have a be

Special Guest Co-Host - Tracy Shuchart, @CHIGIRL Topics this week include: Crude/WTI Gold/Metals Futures Options Feedback/Volatility Flash Poll Which product/segment do you think will experience the most Volatility over the coming trading week (through the close on Friday 2/20) SPY SPX VIX WTI Crude Gold Bitcoin BTC GLD USO S&P500: SPY, SPX. VIX Gold: GLD, Come Crude Oil: WTI, USO Bitcoin: BTC Listener questions and comments: Question from Ken Aidan -I'm a crude swinger mostly trading short-term direction intraday in the futures. Are the options good for this use case or is that more for long term strategies? Question from Luke T. - Why does USO suck so badly? Not sure why anyone would trade this over the futures? Question from Thomas F. - I used to trade a lot of spy options but I've been lured over to the eMinis. Not sure why more people don't trade these things. What do you think it is that keeps people trading spy instead of eMini and what can be done to bring them to the dark side? Question from

Today's episode features special guest co-host Todd Colvin, Senior Vice President at Ambrosino Brothers. Topics this week include: Soybeans Corn Hogs Energy/Crude oil Rates Indices Metals/Gold

Topics this week include: WTI Gold Bitcoin Futures Options Feedback: The final options question of the week for 2017. Our Final #QOTW for 2017 is an easy one. Quite simply: what is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! Death of Volatility/VIX Rise of Bitcoin The Unstoppable Bull Other: Reply/DM w/ideas Comment from Olivewanabroker: The oats bull market. Very important.

Topics this week include: Crude/WTI Gold Indices Winners: Heating Oil, WTI Losers: Oats, KC Wheat Futures Options Feedback: Listeners have their say Question from Anders - Can we get some Ags on the TWIFO show this week? Question from Neil Brennan - Nick has ATM implieds for #crypto can he also interpolate skews?

Topics this week include: Oil/WTI Gold Bitcoin Winners: RBOB, Soybean Oil Losers: Oats, Wheat Futures Options Feedback: Options Flash Poll Which would you rather see first? Would you rather see Options finally listed on Bitcoin futures? Or would you prefer to have more Cryptocurrency futures (Litecoin, Ethereum, etc.) launched instead? Gimme Bitcoin Options More Crypto Futures Save Me from More Crypto Listener questions and comments: Question from HFL9 -Would you rather see options on bitcoin futures or more futures listed on more crypto products first? Question from RevTimTom - What's your favorite way to trade skew? Question from Da Cheese - Still waiting for my big dairy options rundown on the show. Luv ya! Question from Allen -Nick going to make a QuikStrike for crypto someday?

Topics this week include: EuroDollars Oil/WTI E-mini Metals/Gold Winners: E-mini Russell, Nasdaq E-mini Losers: Iron Ore, Soybean Meal Futures Option Feedback: Listeners have their say Question from NOZ3T: Is it possible to hedge some of these aggregate commodity ETFs with puts in their underlying itself - so hedge USO with WTI puts, Corn with corn puts - you get the idea? Question from Tom B.:Is it the same cost over time to buy calls in ags or metals where the premium is to the upside as it is to hedge the index with downside puts? Just trying to figure out my skews. Keep the show coming!

Topics this week include: Emini Energy/Oil Gold Bitcoin Winners: KC Wheat, Soybean Meal Losers: Lumber, Lean Hogs Futures Options Feedback: Listeners have their say Comment from MJobain - Tell Erik he needs to do some research on bitcoin volatility. Comment from Luis J -Good show. Caught it on podcast. Checked out the VIX/Yield curve chart on CME website. I have to admit that looks like nonsense to me. Question from Scott Somer -Which products are closest to their 52 week highs in implied volatility? Question from Phil Bremer -Does Nick have any thoughts on the inverse volatility craziness? Comment from Patricky -Any more research notes for the show? Question from Revert -What's historical AVG for Nat Gas skew? Is it typically bid to the calls?

Topics this week include: Metals/Gold Ags Oil Rates/VIX Futures Options Feedback: Options question of the week People are spooked about this market. Hedges are flying left and right. So the question remains: How are you hedging your portfolio right now? Metals: Gold, Silver, etc. VIX Calls / Volatility Index Puts (SPY, etc.) Bitcoin / Crypto Listener questions and comments: Comment from Scott Somer: Inverse leveraged commodity there are two, one on WTI DWT which ADV of 4.4 million shares, the other on Brent DBRT ADV of 600 shares. Both Triple Bear.

Topics this week include: eMini S&P WTI/Crude Gold Bitcoin Futures Options Feedback: What is on your mind? Question from Scott Somer‏: The question I have is, How is the call skew between the July 450 puts and the 550 calls in July Wheat? And how far does call skew get when the markets are in FULL WEATHER mode? Question from Chill Bill: Are there any inverse commodity volatility products?

Topics this week include: Indices Crude Bitcoin Winners: Soybean meal, EuroDollar Losers: WTI, Heating Oil Futures Options Feedback: Listener questions and comments Question from Jill - What happened to S&P skew after this week's selloff? Comment from Volvic - Liked all the rates talk. More of that please. Question from El Nino3 - Are the skews between eMini, SPY and SPX all correlated? Question from McNuggins - Fun show! Maybe bring back the crazy trade of the week? Like the gold trade. Thanks.

Today's guest co-host is Agha Mirza, Global Head of Interest Rate Products for CME Group Inc. Topics this week include: Rates Indices Crude Futures Options Feedback: Listener questions and comments Question from Jackson - How is the new Fed chair being reflected in the rates products? Question from Alejandro - Can you guys do an overview of Rho and its impact on options in a rising interest rate environment? Is this something I should be concerned about?

Topics this week include: Soybeans Nat Gas Silver Futures Options Feedback: Options question of the week Bitcoin Futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? 27% - Buy 5% OTM Call 32% - Buy 5% OTM Put 16% - Sell 5% OTM Covered Call 25% - Just Short the Future Listener questions and comments: Question from Camper - Do you notice any interesting patterns in corn volatility skew ahead of crop planting or harvesting? Question from Brian Zin - COT reports have CME yet?

Today we feature Sean Smith, Managing Director of Derivatives Licensing & Exchange Data at FTSE Russell. Topics this week include: Looking back at the Russell 2000 in 2017 RUT up nearly 12% Interesting trends and developments Russell options breakdown from this week Bonus: RVX Crude Oil Ags Metals Futures Options Feedback: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? Buy 5% OTM Call Buy 5% OTM Put Sell 5% OTM Covered Call Just Short the Future Listener questions and comments Question from Alfred: Why aren't CME Bitcoin futures listed on the COT reports? Question from Camper: Do you notice any interesting patterns in corn volatility skew ahead of crop planting or harvesting? Question from Daley: Can I use QuikStrike to compare and contrast skew charts for the indices to try to find trading opportunities between SPX/DOW, SPX/RUT and all? Thx. Question from Lromero: Do a

Topics this week include: Nat Gas Oil Gold Futures Options Feedback: Questions and comments from listeners Question from DWayneh - How are nat gas collars setting up here? Comment from Houstorian - Today in 1901, the first major oil wells come in at Spindletop, south of Beaumont, marking the birth of the oil industry in Texas.

Topics this week include: Our top 5 show from 2017 Crude Gold Bitcoin Futures Options Feedback: Listeners weigh in Question from Tim Haver - What's the cost for the premium version of QuikStrike? I like the free stuff that I play with during the show and I'm thinking about taking the plunge.

Topics this week include: WTI Gold Bitcoin Futures Options Feedback: The final options question of the week for 2017. Our Final #QOTW for 2017 is an easy one. Quite simply: what is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! Death of Volatility/VIX Rise of Bitcoin The Unstoppable Bull Other: Reply/DM w/ideas Comment from Olivewanabroker: The oats bull market. Very important.