Options Boot Camp
295 episodes - English - Latest episode: 19 days ago - ★★★★ - 163 ratingsOptions Boot Camp is designed to help get you into peak options trading shape by teaching you options trading inside and out, basic to complex. Listeners can even submit their own options questions to be answered on the show.
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Episodes
OBC 94: Let's Get Psychological
July 08, 2020 15:03 - 30 minutes - 28.2 MBOBC 94: Let's Get Psychological HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING. TOPICS: TIPS TO HELP IMPROVE YOUR PSYCHOLOGICAL APPROACH TO TRADING "YOUR 1ST LOSS IS YOUR BEST LOSS" CONFIDENCE VS STATISTICS ATTITUDE IS EVERYTHING OVERCOMING FEAR AND GREED and much more...
OBC 93: Your Q’s about Covered Calls, Worthless Greeks and the Death of TVIX
July 01, 2020 16:59 - 29 minutes - 27.6 MBOBC 93: YOUR Q’S ABOUT COVERED CALLS, WORTHLESS GREEKS AND THE DEATH OF TVIX HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: ERIC METZ, SPIDERROCK ADVISORS MAIL CALL SEGMENT TODAY WE ANSWER YOUR QUESTIONS ABOUT: COVERED CALLS GREEKS TVIX
OBC 92: The Tragic Consequences Of A Lack Of Options Education
June 24, 2020 20:26 - 28 minutes - 26.5 MBOBC 92: THE TRAGIC CONSEQUENCES OF A LACK OF OPTIONS EDUCATION HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: ERIC METZ, SPIDERROCK ADVISORS BASIC TRAINING SEGMENT - EARLY ASSIGNMENT TRAGEDY THOUGHTS ON EARLY ASSIGNMENT OF SHORT PUTS. RISKS/REWARDS/TIPS/TRICKS? EXAMPLE OF AN UNPLANNED DEBIT AFTER SELLING A PUT SPREAD
OBC 91: Your Questions About Diagonals, Negative Rates, USO and More
June 17, 2020 15:53 - 29 minutes - 27.7 MBOBC 91: YOUR QUESTIONS ABOUT DIAGONALS, NEGATIVE RATES, USO AND MORE HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: BRIAN OVERBY, ALLY INVEST MAIL CALL SEGMENT Today we answer your Qs about: Diagonals / Strike Price Placement Option Prices and Negative Interest Rates The USO Adjustment and more..
OBC 90: Let’s Talk Iron Condors
June 10, 2020 20:15 - 32 minutes - 29.5 MBOBC 90: Let’s Talk Iron Condors HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: BRIAN OVERBY, ALLY INVEST BASIC TRAINING SEGMENT - IRON CONDORS WHAT IS AN IRON CONDOR? EXAMPLES OF IRON CONDORS. WHEN DO YOU WANT TO USE AN IRON CONDOR? WHEN DO YOU NOT WANT TO USE AN IRON CONDOR? WHAT ARE SOME MISTAKES THAT PEOPLE MAKE WHEN TRADING AN IRON CONDOR? MAIL CALL WE ANSWER YOUR ADDITIONAL QUESTIONS ABOUT TIME SPREADS/...
OBC 89: Mail Call - Even More Questions About Time Spreads
June 03, 2020 17:29 - 30 minutes - 27.7 MBOBC 89: Mail Call - Even More Questions About Time Spreads HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: MATT AMBERSON, FOUNDER, ORATS MAIL CALL QUESTION FROM SCOTT SOMER: IF YOU CHOOSE TO DIAGONALIZE YOUR TIME (CALENDAR SPREAD) DO YOU PREFER TO MOVE ONE OPTION TO CREATE "CREDIT SPREAD DIAGONAL" OR "DEBIT SPREAD DIAGONAL?" QUESTION FROM INDELIA: WHAT IS THE RIGHT ENVIRONMENT FOR A TIME SPREAD? QUESTION FROM B6: ...
OBC 88: Time Spread Mt. Vesuvius
May 26, 2020 21:22 - 36 minutes - 33.8 MBOBC 88: Time Spread Mt. Vesuvius HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: MATT AMBERSON, FOUNDER, ORATS BASIC TRAINING SEGMENT - TIME SPREADS WHAT IS A TIME SPREAD/CALENDAR SPREAD? EXAMPLES OF TIME SPREADS WHY TRADE TIME SPREADS? WHAT IS THE OPTIMAL SCENARIO FOR A TIME SPREAD? WHAT IS A DIAGONAL? EXAMPLES OF A DIAGONAL MAIL CALL WE ANSWER YOUR QUESTIONS ABOUT TIME SPREADS/CALENDAR SPREADS.
OBC 87: Your Qs About Time Spreads, Closing Calls and More
May 20, 2020 05:36 - 31 minutes - 29.2 MBOBC 87: Your Qs About Time Spreads, Closing Calls and More HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING. NASDAQ HOT SEAT: LUKE RAHBARI, EQUITY ARMOR INVESTMENTS MAIL CALL SEGMENT Today we answer your Qs about: Closing long calls When to trade time spreads Weekly gamma vs. vega - round 2 and more..
OBC 86: Beware of Box Spreads
May 13, 2020 18:36 - 33 minutes - 30.5 MBOBC 86: Beware of Box Spreads HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING NASDAQ HOT SEAT: LUKE RAHBARI, CEO, EQUITY ARMOR INVESTMENTS BASIC TRAINING SEGMENT - BOX SPREADS WHAT IS A BOX SPREAD? WHO USES THESE? WHAT IS THE USE CASE? IS THERE EVER A GOOD REASON FOR TRADERS TO USE THEM? WHY DO SOME BROKERS & TRADERS GET INTO TROUBLE WITH THESE SEEMINGLY SIMPLE SPREADS? MAIL CALL WE ANSWER ALL OF YOUR QUESTIONS ABOUT USO
OBC 85: Your Qs About Options Mistakes, Earnings Volatility and More
May 05, 2020 20:30 - 31 minutes - 29 MBOBC 85: Your Qs About Options Mistakes, Earnings Volatility and More HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP NASDAQ HOT SEAT: RUSSELL RHOADS, EQ DERIVATIVES MAIL CALL QUESTION FROM Daniel P Kuczero: What are your thoughts on financially engineering an options strategy to get consistent 8% returns? This is listed on Swan’s marketing - I wonder if it is pointed toward them??? QUESTION FROM THEGRATE: Does anyone offer a pre-earnings straddle basket that you can buy to trade a l...
OBC 84: Crude Oil Mythbusting, Ratio Put Spreads and More
April 29, 2020 19:40 - 28 minutes - 25.9 MBOBC 84: CRUDE OIL MYTHBUSTING, RATIO PUT SPREADS AND MORE HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING. NASDAQ HOT SEAT: RUSSELL RHOADS, EQ DERIVATIVES TOPICS: THOUGHTS ON THE INSANITY IN THE CRUDE OIL MARKET? SHORT PUTS/PUT SPREADS VS. RATIO PUT SPREADS MAIL CALL QUESTION FROM BUCKEYE: WHAT IS THE ONE MISTAKE THAT YOU SEE THE MOST OFTEN WITH NEW OPTIONS TRADERS?
OBC 83: Pandemic Mail Call Palooza
April 22, 2020 11:00 - 33 minutes - 30.6 MBOBC 83: Pandemic Mail Call Palooza HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING. NASDAQ HOT SEAT: TONY ZHANG, OPTIONSPLAY MAIL CALL QUESTION FROM ELLE76: WHAT MATTERS MORE WHEN TRADING WEEKLY OPTIONS - GAMMA OR VEGA? QUESTION FROM DRAKE: I'M CONFUSED. WHAT IS THE DIFF BTWN NDX AND NDXP? QUESTION FROM THOM: THANK YOU FOR YOUR GREAT OPTIONS BOOT CAMP PROGRAM. I’VE BEEN DEVOURING ALL THE EPISODES. I REALLY WANT TO TRADE OPTIONS N...
OBC 82: Talking Time Spreads, Short Puts and Micromarkets
April 15, 2020 21:50 - 30 minutes - 28 MBOBC 82: Talking Time Spreads, Short Puts and Micromarkets HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING. NASDAQ HOT SEAT: TONY ZHANG, OPTIONSPLAY Mark, Tony and Dan discuss whether long straddles still work, the proper way to structure time spreads in this environment, short puts vs. credit call spreads, selling puts in USO and much more.
OBC 81: Pandemic Special
March 18, 2020 04:43 - 57 minutes - 53.2 MBOptions Boot Camp 81: Pandemic Special You asked for it -you got it! Mark and Dan put the drill instructor hats back on for a special pandemic-themed episode. Options Drills Segment They start by breaking down their preferred options trades for this volatile environment. Mail Call Mark and Dan wade into the mail bag to answer your questions about theta decay, levered ETPs vs. options, the Schwab/TD merger and much more.
Options Boot Camp 80: Holiday Options Mythbusting
January 01, 2020 01:49 - 23 minutes - 22.1 MBOptions Boot Camp 80: Holiday Options Mythbusting HOST: Mark Longo, The Options Insider Media Group CO-HOST: Dan Passarelli, Market Taker Mentoring On this episode of Options Boot Camp, Mark and Dan discuss: Should you write ITM covered calls? Covered calls versus naked short puts? Busting the most common options myth. And much more...
OBC 79: New Years Mail Call Palooza Part 2
January 01, 2020 00:43 - 23 minutes - 22.2 MBOBC 79: New Years Mail Call Palooza Part 2 On this special episode, Mark and Dan ring in the new year by answering your questions about: The impact of spy dividends on options traders Rules of thumb when buying options When to buy a call outright vs a spread and much more... Brought to you by www.Tradier.com
OBC 78: New Years Mail Call Palooza
December 31, 2019 07:02 - 26 minutes - 25.1 MBOBC 78: New Years Mail Call Palooza On this special episode, Mark and Dan ring in the new year by answering your questions about: Funky Time Spreads Crypto Options Credit Spreads Do Options Pros prefer to sell premium and much more... Brought to you by: www.Tradier.com
OBC 77: Hunting for Income in A Low Rate Environment
December 30, 2019 06:44 - 38 minutes - 35.5 MBOBC 77: Hunting for Income in A Low Rate Environment Host: Mark Longo, The Options Insider Media Group Co-Host: Dan Passarelli, Market Taker Mentoring Basic Training Segment Options Boot Camp is back! In this episode, Mark and Dan explore how to get aggressive with your income when rates are low. The topics discussed include: Covered Calls Short Puts/Put Spreads Collars Covered Combos/Strangles ITM vs. OTM Covered Calls and More
Options Bootcamp 76: Assignment Risk, Spread Deltas, Minis and More
June 25, 2019 17:39 - 1 hour - 70.2 MBMAIL CALL Question from Joe and Linda - I have been knee deep with you guys for the last 14 months and can’t Thank You enough for the wealth of information you provide. One of my favorite quotes: “ Your generosity is only exceeded by my gratitude.” I have a long commute to work in the morning and have managed to listen to all 240+ of the Options Playbook, all of the Bootcamp, 90% of the OIC stuff as well as in and out of the Options Advisor and Futures show. Also haven’t missed Options B...
Options Boot Camp 75: Bringing Education Back With A Vengeance
January 11, 2019 22:44 - 59 minutes - 54.8 MBOptions Boot Camp 75: Bringing Education Back With A Vengeance HOST: Mark Longo, Founder and CEO - The Options Insider Media Group Co-Host: Dan Passarelli, Founder - Market Taker Mentoring. Mark and Dan are bringing options education back with a vengeance! In this episode, they kick things off by looking back at a tumultuous 2018. Then they follow up with a super-sized Mail Call segment answering all of your pent-up questions about Apple, skew trades, options exchanges, options education...
Options Bootcamp 74: Trading Options in a High Volatility Environment
May 30, 2018 19:59 - 1 hour - 58.8 MBBasic Training: The Return of Volatility! VIX is not dead. VIX jumped from 13.99 on 2/2 to 38.30 on 2/5, and 46.34 on 2/6. What are you thought on the recent resurgence of volatility in the marketplace? Do you think this is a temporary aberration or have we transitioned into a new volatility regime? What is the impact of higher volatility on options strategies? What is the impact of this change for options traders? Mail Call: Options Flashpoll The proposed third exchange from MIA...
Options Bootcamp 73: Options for Veterans
February 01, 2018 20:34 - 1 hour - 55.6 MBToday's guest hosts are Dan Passarelli from Market Taker Mentoring, and Dave Russell, Vice President of Content Strategy at TradeStation. Basic Training: Options Education for Veterans Why is TradeStation pursuing veterans? What is TradeStation doing specifically for veterans? Which options strategies are most popular? Mail Call: Options question of the week Earnings season is upon us once again! It's time for #Tech to put its best foot forward. Which big #tech names are you lookin...
Options Bootcamp 72: Busting Options Expiration Myths
December 14, 2017 19:42 - 58 minutes - 53.2 MBBasic Training: Expiration Mythbusting What is expiration? Why do options expire? What does Triple Witching mean? Quadruple Witching? How does expiration impact the Greeks? How has expiration changed with the advent of the weeklys? Myth: Is it true that options control the stock market on expiration Friday? What happens when you exercise an option? American vs. European exercise? Can you exercise options early? Should you? How does auto-exercise work? Mail Call: Fall in for listener ...
Options Bootcamp 71: Protecting Your Gains Using Options
December 07, 2017 20:19 - 1 hour - 55.3 MBBasic Training: A Review of How to Protect Your Profits Easiest method: Buy a 2-3 month put ATM or slightly an OTM put. Protect just those gains. What do you do if you have a broad portfolio? Hedging Rule of Thumb. Expect to spend about 2% of your portfolio for effective 3-6 month protection. How do you reduce the cost of protection? Buy a spread instead of an outright put, set up a collar, or set up a collar with a kicker. Mail Call: It's time for listener questions Question from...
Options Bootcamp 70: Mistakes to Avoid When Trading Options
November 28, 2017 14:50 - 1 hour - 55.4 MBIn this episode, Mark, Dan Passarelli and Jill Malandrino take on listener questions. Options Drills: Today's topic was inspired by this listener question: Question from MarkLitwin: How do you lose money in options in the most effective way? Don't by ATM straddles Don't load up on far OTM options because they're cheap Don't trade earnings Be careful with trading weeklies Watch out when selling options going into weekends or holidays Mail Call: Listeners take over Question from...
Options Bootcamp 69: Simple Options Tips for Stock Traders
November 20, 2017 21:35 - 59 minutes - 54.4 MBMark, Dan, and Jill were all in the Options Insider studio to record this session. Education, and hilarity, ensued. Options Drills: What are options trading ideas that an active stock trader can use in their portfolio? Getting paid to take on risk, cash-secured put The wheel trade Stock replacement strategy; what about using LEAPS? Using a diagonal spread to generate income Mail Call: Fall in for listener questions and comments Question from Tiim: Why isn't it standard or maybe re...
Options Bootcamp 68: Mail Call Palooza
October 31, 2017 19:55 - 59 minutes - 54.4 MBMail Call: Fall in while your drill instructors answer your questions. Comment from Andrew McNichol - Big fan of your podcast. I appreciate how you start at square one and then walk listeners through every element of options and options trading. Thanks. Question from Tim D. - How high do rates need to be before I need to worry about rho? Question from Kraken1975 - Which of the Greeks do you utilize the most and why? Question from Meatz - Would you describe successful options trading a...
Options Bootcamp 67: Getting Back to Basics
October 18, 2017 19:30 - 50 minutes - 45.9 MBYour hosts for this episode are: Mark Longo, Founder, Options Insider Media Group Andrew Giovinazzi, Chief Education Officer, Option Pit Jill Malandrino, Global Markets Reporter, Nasdaq Introduction Segment: What are Nasdaq's options education initiatives? Why are options and options education so important to Nasdaq going forward? Creating content for RIAs. Options 101: Going back to the Basics Basic Options Primer What are options? Basic options terms Why trade options instea...
Options Bootcamp 66: Trading Calendar Spreads During Earnings
June 22, 2017 14:00 - 1 hour - 56.4 MBOptions Drills: What is a calendar? How do we set them up for earnings? Strike/Month selection? Should we carry them through the event? When do we take off? Calendars vs. Diagonals? Mail Call: Fall in recruits and get your questions asked. With $VIX giving up the ghost - which products are you hoping will provide new sources of #Volatility for your #options trading? 33% - Crude Oil (WTI, etc) 20% - Metals ($GLD, $SLV, etc) 20% - FX (GBP/USD, etc) 27% - Indv. Equities-$TSLA, etc ...
Options Bootcamp 65: Revisiting Delta, Butterfly Breakdown and Your Questions
May 05, 2017 14:28 - 1 hour - 55.3 MBBasic Training: Delta Revisited A basic overview of Delta What is it? How does it impact your trading? Inspired by a Market Trader Mentoring newsletter article Delta Can Still be Your Friend Mail Call/Options Options Question of the week With $TSLA threatening $315 how are you leaning in your Options trades this month? Would you rather: 18% - Buy 1-month $300 put 25% - Buy 1-month $330 call 25% - Sell 1-month $300 put 32% - Staying far away from it Listener Questions and Co...
Options Bootcamp 64: Settlement Myths and Misconceptions
September 22, 2016 16:37 - 59 minutes - 54.3 MBBasic Training: Today we are going into the depths of option settlement. A question that is often asked in Group Coaching is that of the various settlement issues. Many option traders limit their universe of option trading to two broad categories: One group consists of individual equities and the similar group of exchange traded funds (ETFs). The other group is composed of a multitude of broad based index products. Individual equities and ETFs trade until the close of market on the thi...
Options Bootcamp 63: The Proper Way to Trade Covered Calls
July 29, 2016 20:09 - 58 minutes - 53.7 MBOptions 101: Our topic today was inspired by a listener question. Question from Mark Davis: Hello, I am a new listener to options bootcamp and am currently on Ep. 4. There was a mention of using covered calls to generate a "dividend." I am having trouble tracking down more information on this. Being still new to all of this I am hoping to get a clearer picture of how it works. How far out on expiration should I look and how do I figure the strike price? Thanks! Mail Call: Even more listene...
Options Bootcamp 62: Selling Puts Revisited
April 19, 2016 18:45 - 49 minutes - 45.3 MBBasic Training: Short Puts Revisited Want a complete overview of selling puts? Check out Options Boot Camp episode 4 from May 7, 2012. New study: "An Analysis of Index Option Writing with Monthly and Weekly Rollover," written by Oleg Bondarenko, professor of finance at the University of Illinois at Chicago, and sponsored by CBOE. It is.the first comprehensive study to examine strategy benchmark with traditional stock, bond indexes incorporating weeklys options. CBOE Russell study "Analy...
Options Boot Camp 61: Earnings and Election Volatility, Day Trading Options and More
March 03, 2016 20:17 - 1 hour - 56.4 MBOptions Questions of the Week: How do you prefer to trade options? 19% - Long premium 15% - Short premium 56% - I avoid earnings 10% - Other, explain below How many U.S. options exchanges do we need? 5% - 14 is perfect! 29% - The more the merrier 62% - Make it stop! 4% - Other, explain below Should options trade after hours? 53% - Heck Yes! 15% - Only in Major Names 15% - No, poor liquify 17% - No, other Question from Alfy - Is it possible to be a day trader using o...
Options Bootcamp 60: Adding Weeklys to Your Income Strategy
February 16, 2016 18:52 - 55 minutes - 50.7 MBBasic Training: Theta. A review of Theta and its impact on income trading. New Study: An analysis of index option writing with monthly and weekly rollover - First comprehensive study to examine strategy benchmark with traditional stock, bond indexes incorporating weeklys options. Mail Call: Listener questions and comments. Question from KDDiddy - I want to protect a stock position with puts at a strike 2% below market but there is not a strike there. I thought of dividing my purchase betwe...
Options Bootcamp 59; Going to the Dark Side with Second Order Greeks
January 14, 2016 17:07 - 57 minutes - 52.4 MBBasic Trading: Second Order Greeks Question from Brian F. - My question is for Dan. I listened to the Boot Camp shows, and recently had a question about gamma. Imagine my surprise when I learned there are other secondary greeks and even tertiary greeks. What this? Are you holding some greeks up your sleeve Mr. Black hat? So my question is what are these greeks, but more importantly, who uses them and why? Does a retail mope like me need to know about these greeks? Question from Charlie C....
Options Bootcamp 58: What the Heck Are Binary Options?
October 30, 2015 21:20 - 59 minutes - 54.1 MBOptions 101: Today we are joined by Dan Cook from Nadex. He walks us through the following: What is a binary option? How does the pricing work vs. standard options pricing? How do the ticks work? Is there a multiplier? Does the price represent the pure probability of an option expiring in-the-money? How does expiration work? What about the final minutes around expiration? What is the farthest out you can trade a binary on Nadex? The Greeks: Binaries vs. Standard options Wh...
Options Bootcamp 57: Mail Call Palooza
August 31, 2015 22:23 - 42 minutes - 39.6 MBMail Call: The drill instructors will take your questions now. Question from TennisGr8t - Can you give examples of managing positions using Greeks and is it a good strategy? Your show is awesome. Question from Pedro Indio - Discovered podcast within the last week and I am up to episode 8. I understand how overall market and industry direction might influence a stock direction. Is there something similar, regarding volatility that can be observed, where an overall sentiment might influence...
Options Bootcamp 56: Options Trade Tags Demystified
April 30, 2015 19:28 - 59 minutes - 54.2 MBOptions Bootcamp 56: Options Trade Tags Demystified Basic Training: Today’s guest is Andrew Giovinazzi, of Option Pit, Option Block, and Options Oddities fame. Mark, Dan and Andrew discuss options trade tags, including: Regular Spread Block Trade Inter-market Sweep Combo Cancel SoldLast Price Variation Buy Write Mail Call: Listener questions and comments Question from Vegan - What oil products do airlines use to hedge their crude exposure? Question from Alan - Why is...
Options Bootcamp 55: Going Naked in IRAs
March 26, 2015 18:28 - 55 minutes - 50.9 MBOptions Bootcamp 55: Going Naked in IRAs Basic Training: Using Options in an IRA Account. Can you trade options in a retirement account? What are the limitations? What strategies can you utilize? What are the benefits of writing covered straddle vs calls? What is a stock replacement strategy? When should someone consider this strategy? Using options as an investment tool. What are any other investment strategy? Mail Call: Listener questions and comments Question from Hector - Can I stil...
Options Bootcamp 54: The Great Theta Debate and More Listener Questions
February 27, 2015 19:56 - 57 minutes - 52.7 MBMail Call: Listener questions and comments Comment from Max_p24 - One of the best podcast for option trading. They have amazing Bootcamp for option beginners. Question from Brian Collamer - Back in October I sent this question and I see you ran with it in a couple of other shows: “You mentioned that when selling options the fastest theta decay occurs in the 45-30 day range. I thought that was only true for ATM options? Do OTM options decay the fastest at 60-70 days and then kind of flatte...
Options Bootcamp 53: Income Trade Adjustments
February 02, 2015 17:56 - 51 minutes - 47.4 MBOptions 101: Income Trade Adjustments An overview of income trades: Covered call, short put, short straddle, etc. What do we mean by adjustments? When to or not to adjust? Previous episodes that will be helpful: Options Bootcamp 41: Advanced Adjustments & Options Bootcamp 40: Trade Adjustments. Basic adjustments, partial adjustments and adjusting into spreads. Mail Call: Listener questions and comments Comment from Dmitry Shesterin - @Options There is no V in the Greek alphabet, so ...
Options Bootcamp 52: Looking Back at 2014 and Ahead to 2015
December 31, 2014 00:43 - 51 minutes - 47.4 MBBasic Training: 2014 Year-in-Review/2015 Preview What option strategies worked in 2014: put credit spreads, IV overpriced throughout the year, "Wheel of fun." Things to learn from 2014 - Do not get married to a single strategy. Misperceptions of 2014 - VOL/VIX was cheap. Despite "low volatility" options volume was still very strong in 2014. Tempting to believe that OTM call buyer did well in this extended market. Fed tapering - When is it likely to happen? What is likely to happen in ...
Options Bootcamp 50: Futures Options vs. Equity Options
November 26, 2014 18:12 - 47 minutes - 11 MBBasic Training: Futures Options vs. Equity Options We've talked about how to use options to mitigate your portfolio risk, but many traders also rely on commodities diversification as a way to mitigate portfolio risk. Futures options strategies: All of the options strategies we've discussed on this program in the past are applicable to futures options as well with a few exceptions Covered call & protective puts both require underlying futures positions - something most traders prefer to...
Options Bootcamp 49: All Mail, All Day Long
November 25, 2014 15:48 - 50 minutes - 11.5 MBMail Call: This episode is dedicated to our listeners. Question from Neil Filasco - What sets do you recommend to hedge my retirement accounts, in clouding my defined contribution plans? The pickings in these accounts are relatively slim and there are no options to speak of. As one of the newly enlightened options masses, I thank you for bringing me into the fold. Question from Chandra Bajpai - Hey Mark, I love the Radio show...I find myself wanting the next show because I something new e...
Options Bootcamp 51: Covered Strangles, Theta and Closing Spreads
November 19, 2014 18:44 - 45 minutes - 42.1 MBBasic Training: Covered Strangles/Covered Combo What is it? Long stock, covered call, short put. Why do it? Collect more income than a standard covered call or short put. Why not to do it? Increased margin requirement, you will increase your stock position to the downside. Example: XYZ trading at $50. Option 1 - Sell covered front month 55 strike call for $1 - collect 2% income. Option 2 - Sell both front month 55 call and 45 put for $1 each - collect $2 or 4% income. Rinse and repeat. ...
Options Bootcamp 48: The Great Open Interest Conspiracy
July 30, 2014 19:28 - 42 minutes - 38.9 MBMail Call: Your questions directed this episode. Question from Jason Kruse: Is there a Bootcamp episode that discusses OI and how it can affect expiration moves? I hear people talk about max pain and pinning like it’s a conspiracy. Would love to hear real info about how it works. Open Interest What is it? Why is it important? Why is it not important? Pin Risk What is it? How prevalent is it? When should you be concerned? Is there really a conspiracy? Question from Allen Man...
Options Bootcamp 47: Protecting Profits
July 11, 2014 16:18 - 51 minutes - 11.9 MBBasic Training: How to protect your profits. Easiest method: 1st buy a 2-3- month put ATM or slightly OTM put. Purchase an ATM put spread with the short leg at your break-even point. Easiest to do in a single stock or underlying. What to do if you have a broad equity portfolio? Its a little more complicated. Determine the effective beta of your portfolio an how many effective shares of that index you own. Rule of thumb - Expect to spend about 2% of your portfolio for effective 3-6 mon...
Options Bootcamp 46: Building a Better Hedge
June 16, 2014 19:06 - 54 minutes - 49.5 MBRoll Call: Bringing in the Big Guns Our guest today is Jim Bittman, Senior Instructor at The Options Institute. He discusses: What sort of content/classes our listeners can access at The Options Institute What the number one options question is that he receives from students What is the number one options mistake and/or misperception students may have about the options market? What changes did he make in your recent renovation at The Options Institute, and what can our listeners e...
Options Bootcamp 45: Mini Options
May 12, 2014 13:48 - 54 minutes - 49.9 MBBasic Training: The world of mini options What are Mini Options? (Just celebrated first birthday last month) Where do they trade? Which underlying names trade? What is the use case? When should you use them? When should you not use them? Pros vs. Cons: Unfortunately we cannot give many pros for mini options as of now. Mail Call: Listener questions and comments. Question from Maximus - Hi Mark, Hope you have been doing well. Following up in connection with my question in the em...