Topics this week include:

• WTI vs Brent
• Crude Oil Volatility

Futures Options Feedback/#Question of the Week:

Would you ever trade stupids?

• Heck Yes
• Hell No
• I hate stupids

Listener questions:

• Question from Jack K - Are covered calls a viable strategy in futures options? Also can I trade futures options in a 401k?
• Question from Trader Taz1 - Do you guys have a broker recommendation for someone who is new to vol and new to options? Maybe with a cash account, since I do not want to do margin?

Topics today include:

• Crude Oil/WTI
• The spread between Brent and WTI
• The crazy trade of the week
• Eurodollars

Futures Options Feedback: Your questions, our answers

#QuestionOfTheWeek: Financial advisors represent the last options frontier. What level of options knowledge do you expect from your advisor?

• None - I'll do it myself
• Level 1: Buy Puts/Calls
• Level 2: Income & Vol
• Level 3:Option Specialist
• Question from Vegan - You mentioned the Fed with regards to equities. Should the Fed really care about what market is doing?

Topics this week include:

• Crude Oil/WTI
• Gold

Futures Options Feedback: Listener questions and comments

• Question from Jackobin - Is it possible to buy a basket of commodity volatility? Maybe an ETF?
• Question from Trader Shawn - Are any options that insider tracks that are overly stacked long/short. Also, are there any underlings or indices reaching critical levels right now that I should watch?

This Week in Futures Options 31: OPEC Drives Crude Options Explosion

There is but one major topic this week:

• Crude Oil

Futures Options Feedback: Listener questions and comments

• Question from Andrew Martin - Does all that OI on the 60 strike in WTI mean that people expect oil to blow past that level very soon?
• Comment from Kay Kamra - OVX almost touching July highs...I expect a pullback in OVX and subsequent pop in /CL
• Question from JVZ34 - Why such a crude Vol crush this week?