TWIFO 174: Dairy Action And Mysterious Metals Skew

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CME HOT SEAT GUEST: RUSSELL RHOADS, TABB GROUP

WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK?

DAIRY MARKET

• ?

EQUITIES

• MARKET BACK IN RALLY MODE. 
• VIX: 13.8 - DOWN .5PTS FROM LAST SHOW 
• VVIX: 86.5- DOWN 3 FROM LAST SHOW
• VXX: 20.6 - DOWN .2 FROM LAST SHOW 
• RVX: 17.68 - ALMOST UNCHD FROM LAST WEEK 
• VIX/RVX SPREAD: 3.9 - SLIGHTLY WIDER THAN LAST WEEK

CRUDE OIL

• ?

METALS

• Gold and Silver Options Pointing to a Pullback? by Erik Norland

CRYPTO

• ?

FUTURES OPTIONS FEEDBACK

• QUESTION FROM TIM: Can we get some FX heading into Brexit?
• QUESTION FROM NILES: What is fedwatch telling us ahead of fomc? Any surprises?
• QUESTION FROM TLLET: Does a high call skew always mean rally ahead?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CME HOT SEAT GUEST: SEAN SMITH, MD OF DERIVATIVES LICENSING, FTSE RUSSELL

WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK?

RATES

• Eurodollar

EQUITIES

• MARKET BACK IN RALLY MODE. 
• VIX 13.90 - DOWN 1.1PTS FROM LAST SHOW 
• VVIX: 92.5- DOWN 3.5 FROM LAST SHOW
• RVX: 17.75 - DOWN 4.15 FROM LAST WEEK 
• VIX/RVX SPREAD - 3.8 - NEARLY A POINT WIDER THAN LAST WEEK

NAT GAS

AGS

• Wheat
• Oats
• Corn

CRYPTO

FUTURES OPTIONS FEEDBACK

• QUESTION FROM TWENTY9: Why is physically deliverable crypto such a big deal?
• QUESTION FROM DWITE: Have you guys talked about iron ore on the show? If not can you add it to the rotation since it’s moving. Thanks so much. 
• QUESTION FROM CHUCK MENDEZ: Why do you think there’s so much downside put paper in russell 2000?
• QUESTION FROM ELE5: Why are there no more rvx options? 

• HOST: Mark Longo, The Options Insider Media Group
• CME HOT SEAT GUEST: ANDREW GIOVINAZZI, THE OPTION PIT

WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK?

Seven Themes to Ponder as We Head for 2020 by Bluford Putnam 

RATES

EQUITIES

• MARKET BACK IN RALLY MODE. 

• VIX BACK OVER A 20 HANDLE ON TUES - HIGH OF 20.30 on WEDS. 

• VIX 18 - UP 1 PT FROM LAST SHOW 

• VVIX: 100- UP 3.5 FROM LAST SHOW

• RVX: 21.90 - UNCHD FROM LAST WEEK 

• VIX/RVX SPREAD - 2.9 - MUCH TIGHTER THAN LAST WEEK

NAT GAS

• Natural-Gas Producers Hard Hit by Tanking Prices

METALS

Is Gold About to Outperform Equities? By Erik Norland October 1, 2019 

FUTURES OPTIONS FEEDBACK

• QUESTION FROM Barrett Wade @BarrettWade3 - Hey there. Do you guys have a rule of thumb to keep from overpaying for an option?
• QUESTION FROM TOMLIAM: Are commodity names where the call skew is very high good candidates for covered call writing?

• HOST: Mark Longo, The Options Insider Media Group
• CO-HOST: Sean Smith, MD - Derivatives Licensing, FTSE Russell  
• CME HOT SEAT GUEST: Derek Sammann, Senior Managing Director, Global Head of Commodities & Options Products at CME Group

WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK?

EQUITIES

• VIX BACK OVER A 20 HANDLE ON WEDS. HIGH OF 21.40 on WEDS. 
• VIX 19.5 - UP 3. FROM LAST SHOW 
• VVIX: 100 - UP 1 FROM LAST SHOW
• VXX: 26 - UP 2.3 FROM LAST SHOW
• RVX: 21.90 - UP .9 PTS FROM LAST WEEK 
• VIX/RVX SPREAD - 2.4 - MUCH TIGHTER THAN LAST WEEK
• SEAN - ANY INTERESTING RUSSELL DEVELOPMENTS/STUDIES?
• RUSSELL 2000 FOCUS PANEL - ANY TAKEAWAYS
• ANY INTEREST FROM EUROPEAN CLIENTELE ON U.S. SMALLCAP STOCKS?
• SOME INTERESTING NUGGETS FROM CBOE ON RVX

Research by Blu Putnam - Seven Themes to Ponder as We Head for 2020

CRUDE

• Rogue Oil Trader Causes $320 Million Loss at Mitsubishi Corp. Unit

METALS

• Research by Erik Norland - Is Gold About to Outperform Equities?

FUTURES OPTIONS FEEDBACK

• QUESTION FROM EL DOCTORO: It seems like when a company from the Russell1000 moves into the Russell2000, its stock price rises. True? If so, why?  What happens when a stock moves the opposite way?

Futures Options and STA

Interview with Derek Sammann, Senior Managing Director, Global Head of Commodities & Options Products at CME Group, at the Security Traders Association Market Structure Conference in Washington DC.