The tastylive network

Options Crash Course: Strategy Management - February 28, 2021 - Straddle Management

A straddle consists of selling a call option and a put option at the same strike. Ideally, the price of the underlying will pin at the strike price. This is an undefined risk strategy. Tune in as Dr. Jim Schultz explains how to approach winning and losing trades when utilizing a straddle options strategy.

Research Specials LIVE - February 27, 2021 - Research Specials Live

Research Specials LIVE - February 27, 2021 - Research Specials Live

WDIS: Two Yutes - Beginner Options Trading - February 26, 2021 - 21 Days To Expiration - Time to Roll

It’s the 3rd Friday of the month and it’s time to defend and manage. The markets are not as bullish as the kids want them to be today—in fact, each of Kayla’s positions have gone against her. Kayla and Errol learn how to: Roll in: In Kayla’s GLD iron condor, she rolls her untested call strikes in towards the current underlying stock price to reduce her cost basis, and thus reduce her risk. Roll out: Errol pays $0.07 to roll his DM put spread out to the next monthly cycle to give his bulli...

WDIS: Two Yutes - Beginner Options Trading - February 26, 2021 - 21 Days To Expiration - Time to Roll

It’s the 3rd Friday of the month and it’s time to defend and manage. The markets are not as bullish as the kids want them to be today—in fact, each of Kayla’s positions have gone against her. Kayla and Errol learn how to: Roll in: In Kayla’s GLD iron condor, she rolls her untested call strikes in towards the current underlying stock price to reduce her cost basis, and thus reduce her risk. Roll out: Errol pays $0.07 to roll his DM put spread out to the next monthly cycle to give his bulli...

From Theory To Practice - February 26, 2021 - Portfolio Adjustments at 21 DTE

With exactly 21 DTE left in the March cycle, we use the day to make all the necessary adjustments to our positions that need to be made. This includes taking off our Long Vertical Spread in SBUX for a small winner and taking off our Short Strangle in TWTR for a small winner. With our defined-risk positions in NIO and BABA, we can’t roll forward for a credit, so we’re forced to sit and wait in the current expiration cycle.

From Theory To Practice - February 26, 2021 - Portfolio Adjustments at 21 DTE

With exactly 21 DTE left in the March cycle, we use the day to make all the necessary adjustments to our positions that need to be made. This includes taking off our Long Vertical Spread in SBUX for a small winner and taking off our Short Strangle in TWTR for a small winner. With our defined-risk positions in NIO and BABA, we can’t roll forward for a credit, so we’re forced to sit and wait in the current expiration cycle.

Futures Measures - February 26, 2021 - Week-end and Month-end Markets

Pete gives his decades of experience trading futures at the end of the month in an effort to create some new trade ideas before markets close for the week. He rotates through metals, foreign exchange, and interest rates to tell the month-end story in markets like Australian dollar. The futures dude concludes the week with some strangles and pairs trades, so don't close your platform just yet!

Futures Measures - February 26, 2021 - Week-end and Month-end Markets

Pete gives his decades of experience trading futures at the end of the month in an effort to create some new trade ideas before markets close for the week. He rotates through metals, foreign exchange, and interest rates to tell the month-end story in markets like Australian dollar. The futures dude concludes the week with some strangles and pairs trades, so don't close your platform just yet!

Small Stakes - February 26, 2021 - How to Quit Paper Trading

Paper or simulated trading is great for learning, but when is it time to try the real thing? Frank and Mikey present the very small S2Y futures as a place to start.  The guys give their experiences as first-time futures traders, and they make the case for trying out some of those tried and true strategies in the market.  Find out if Small futures are a good fit for you when switching from a paper account to a live one.

Small Stakes - February 26, 2021 - How to Quit Paper Trading

Paper or simulated trading is great for learning, but when is it time to try the real thing? Frank and Mikey present the very small S2Y futures as a place to start.  The guys give their experiences as first-time futures traders, and they make the case for trying out some of those tried and true strategies in the market.  Find out if Small futures are a good fit for you when switching from a paper account to a live one.

Options Trading Concepts Live - February 26, 2021 - Volatility Products Contango and Drag

With the market behaving slightly more two-sided, Nick and Katie explain how volatility products have been affected and how to use them as trading tools.  VXX is an exchange traded note (ETN) made up of the front two /VX futures contracts, while UVXY is similar but at 1.5x the % move. Learn how these two products behave as volatility (VIX) expands and contracts and why we don't consider these products long-term hedges to a portfolio. 

Options Trading Concepts Live - February 26, 2021 - Volatility Products Contango and Drag

With the market behaving slightly more two-sided, Nick and Katie explain how volatility products have been affected and how to use them as trading tools.  VXX is an exchange traded note (ETN) made up of the front two /VX futures contracts, while UVXY is similar but at 1.5x the % move. Learn how these two products behave as volatility (VIX) expands and contracts and why we don't consider these products long-term hedges to a portfolio. 

The Skinny on Quantitative Finance - February 26, 2021 - More on LPPL Models

Last week we discussed power laws and introduced the log-periodic power law (LPPL) for financial bubbles. Today Tom, Tony and Julia are going to discuss the LPPL model in more detail and the types of indicators that can be created from it. These statistics, as well as information about related research, are available through the Financial Crisis Observatory at ETH Zurich.FCO Reference links: https://er.ethz.ch/financial-crisis-observatory.html, http://tasmania.ethz.ch/pubfco/fco.html Masters...

The Skinny on Quantitative Finance - February 26, 2021 - More on LPPL Models

Last week we discussed power laws and introduced the log-periodic power law (LPPL) for financial bubbles. Today Tom, Tony and Julia are going to discuss the LPPL model in more detail and the types of indicators that can be created from it. These statistics, as well as information about related research, are available through the Financial Crisis Observatory at ETH Zurich.FCO Reference links: https://er.ethz.ch/financial-crisis-observatory.html, http://tasmania.ethz.ch/pubfco/fco.html Masters...

Fast Market - February 26, 2021 - GOGO, Gold, and More

Fast Market - February 26, 2021 - GOGO, Gold, and More

tasty Extras - February 26, 2021 - Four Reasons to Manage Options Trades Early

Early trade management has been a powerful discovery for improved options trading success. Get the quantitative reasons why managing an options trade early is preferred to holding to expiration.

tasty Extras - February 26, 2021 - Four Reasons to Manage Options Trades Early

Early trade management has been a powerful discovery for improved options trading success. Get the quantitative reasons why managing an options trade early is preferred to holding to expiration.

tasty Extras - February 26, 2021 - Cryptocurrency Trading Questions Answered By Experts

While cryptocurrencies aren't exactly brand new, the interest in trading them has definitely picked up in recent months. In this one hour special, Tom and Tony ask a panel of cryptocurrency experts a series of questions submitted by the tastytrade audience. Whether completely green to this type of product or a veteran digital currency trader, you're sure to learn something! Tune in as they tackle the following crypto-related topics: Available Products Price Drivers and Dynamics Cryptos i...

tasty Extras - February 26, 2021 - Cryptocurrency Trading Questions Answered By Experts

While cryptocurrencies aren't exactly brand new, the interest in trading them has definitely picked up in recent months. In this one hour special, Tom and Tony ask a panel of cryptocurrency experts a series of questions submitted by the tastytrade audience. Whether completely green to this type of product or a veteran digital currency trader, you're sure to learn something! Tune in as they tackle the following crypto-related topics: Available Products Price Drivers and Dynamics Cryptos i...

Research Specials LIVE - February 25, 2021 - Research Specials Live

Research Specials LIVE - February 25, 2021 - Research Specials Live

From Theory To Practice - February 25, 2021 - How to Manage Small Winners at 21 DTE

With our undefined-risk strategies, we know that we want to manage and adjust those positions at 21 DTE. Doing this allows us to control our deltas and mitigate gamma risk. But sometimes at 21 DTE, we’re sitting on a small winner that hasn’t quite reached our profit target. In these situations, it can be helpful to look at IVR to help guide our decision making, and our IWM position provides a real-time example of exactly how to do this.

From Theory To Practice - February 25, 2021 - How to Manage Small Winners at 21 DTE

With our undefined-risk strategies, we know that we want to manage and adjust those positions at 21 DTE. Doing this allows us to control our deltas and mitigate gamma risk. But sometimes at 21 DTE, we’re sitting on a small winner that hasn’t quite reached our profit target. In these situations, it can be helpful to look at IVR to help guide our decision making, and our IWM position provides a real-time example of exactly how to do this.

Futures Measures - February 25, 2021

Futures Measures - February 25, 2021

Small Stakes - February 25, 2021 - Yield Curve Flatteners and Steepeners

On a historic day for interest rate volatility, Frank and Pete talk about Treasury auctions as well as how to flatten or steepen the yield curve. The guys use the new Small Yield futures to construct several trade ideas ranging from bullish and bearish rates to steepening and flattening spreads.  Find out what induced all the bond volatility seen in today's market, and see if yield curve spreads are for you.

Small Stakes - February 25, 2021 - Yield Curve Flatteners and Steepeners

On a historic day for interest rate volatility, Frank and Pete talk about Treasury auctions as well as how to flatten or steepen the yield curve. The guys use the new Small Yield futures to construct several trade ideas ranging from bullish and bearish rates to steepening and flattening spreads.  Find out what induced all the bond volatility seen in today's market, and see if yield curve spreads are for you.

Options Trading Concepts Live - February 25, 2021 - Big Earnings Day

It's another heavy day for earnings announcements. Nick and Katie review some best practices for earnings options trades and use a few of today's reports to showcase the importance of volatility "crush," return on capital, and avoiding low implied volatility earnings. Market Measures on Earnings & ETF Volatility

Options Trading Concepts Live - February 25, 2021 - Big Earnings Day

It's another heavy day for earnings announcements. Nick and Katie review some best practices for earnings options trades and use a few of today's reports to showcase the importance of volatility "crush," return on capital, and avoiding low implied volatility earnings. Market Measures on Earnings & ETF Volatility

Tweeting Live with LIZ & JNY - February 25, 2021 - Yield Curve Flattener Trade

Frank joins liz and Jenny and they discuss the TUT spread. They use the new small exchange products to place a yield curve flattener trade. They also place high probability trades.  Featured symbols include:  RKT,  /S2Y, /S10Y, /SFX, ABNB, DKNG, SPCE, CRM, ETSY, BYND, GME, QQQ

Tweeting Live with LIZ & JNY - February 25, 2021 - Yield Curve Flattener Trade

Frank joins liz and Jenny and they discuss the TUT spread. They use the new small exchange products to place a yield curve flattener trade. They also place high probability trades.  Featured symbols include:  RKT,  /S2Y, /S10Y, /SFX, ABNB, DKNG, SPCE, CRM, ETSY, BYND, GME, QQQ

Market Measures - February 25, 2021 - Theta's Predictability and Deltas

We have studied that, unlike the theoretical model’s prediction, the 1SD Strangle’s realized daily P/L is more random. The relationship between Theta and daily P/L tends to be broken in the second half of the cycle.  But does this finding hold true to other Strangles with various deltas? tastytrade discusses the relationship between Theta and realized Daily P/L across multiple strangles.

Market Measures - February 25, 2021 - Theta's Predictability and Deltas

We have studied that, unlike the theoretical model’s prediction, the 1SD Strangle’s realized daily P/L is more random. The relationship between Theta and daily P/L tends to be broken in the second half of the cycle.  But does this finding hold true to other Strangles with various deltas? tastytrade discusses the relationship between Theta and realized Daily P/L across multiple strangles.

tasty BITES - February 25, 2021 - The Size Factor

Size can be increased by scaling number of contracts or by increasing the delta. Which is a more favorable approach? Join Tom and Tony in today’s tasty bite as they explain with new research.

tasty BITES - February 25, 2021 - The Size Factor

Size can be increased by scaling number of contracts or by increasing the delta. Which is a more favorable approach? Join Tom and Tony in today’s tasty bite as they explain with new research.

Trades From the Research Team LIVE - February 25, 2021 - 5 Ideas in Liquid Products

Trades From the Research Team LIVE - February 25, 2021 - 5 Ideas in Liquid Products

From Theory To Practice - February 24, 2021 - Core Strategies: Managing Puts & Calls Early

As Kai and Dr. Jim continue our Core Strategies series, we take a look at the management of naked puts and naked calls. Specifically, we examine managing these strategies early at 21 DTE. What we find is that by taking our trades off after the first half of the expiration cycle, we are able to not only improve our returns, but more importantly, we’re able to substantially reduce our risk.

From Theory To Practice - February 24, 2021 - Core Strategies: Managing Puts & Calls Early

As Kai and Dr. Jim continue our Core Strategies series, we take a look at the management of naked puts and naked calls. Specifically, we examine managing these strategies early at 21 DTE. What we find is that by taking our trades off after the first half of the expiration cycle, we are able to not only improve our returns, but more importantly, we’re able to substantially reduce our risk.

Bootstrapping In America - February 24, 2021 - John Martin and Matt Wren of BUNDLAR

BUNDLAR is the first-ever comprehensive no-code, drag-and-drop Augmented Reality Content Management System, making it easy for businesses and institutions to create, edit, and publish AR experiences instantly and on a global scale. The company is all about Training, Learning & Development focused with an emphasis on being the ‘last mile’ in the field using your mobile phone as a job aid for performance support. John Martin and Matt Wren are the Founders. Learn More

Bootstrapping In America - February 24, 2021 - John Martin and Matt Wren of BUNDLAR

BUNDLAR is the first-ever comprehensive no-code, drag-and-drop Augmented Reality Content Management System, making it easy for businesses and institutions to create, edit, and publish AR experiences instantly and on a global scale. The company is all about Training, Learning & Development focused with an emphasis on being the ‘last mile’ in the field using your mobile phone as a job aid for performance support. John Martin and Matt Wren are the Founders. Learn More

Futures Measures - February 24, 2021 - Reducing Size in Trending Stocks

The futures dudes downsize their equities as they trend higher, but they move some trades into flatteners in the yield curve and scalping positions in metals. Pete has some hot takes for all the hot markets, and he even talks through closing out his not-so-hot losing trade in foreign exchange. Check out what our futures traders are up to as new extremes are met in stocks and bonds.

Futures Measures - February 24, 2021 - Reducing Size in Trending Stocks

The futures dudes downsize their equities as they trend higher, but they move some trades into flatteners in the yield curve and scalping positions in metals. Pete has some hot takes for all the hot markets, and he even talks through closing out his not-so-hot losing trade in foreign exchange. Check out what our futures traders are up to as new extremes are met in stocks and bonds.

Small Stakes - February 24, 2021 - Day Trading Bond Futures

Are cost and complexity keeping you from trading bonds? Frank and Pete show you how the new Small Yield futures can make it easy to day trade rates.  The guys use the long-term S30Y product as they jump into the world of pricing convention and margin to get traders excited about interest rates. They then give current examples of day trading opportunities, and Pete talks about how experienced rate traders refer to the larger "whip" in the 30YR Treasuries.

Small Stakes - February 24, 2021 - Day Trading Bond Futures

Are cost and complexity keeping you from trading bonds? Frank and Pete show you how the new Small Yield futures can make it easy to day trade rates.  The guys use the long-term S30Y product as they jump into the world of pricing convention and margin to get traders excited about interest rates. They then give current examples of day trading opportunities, and Pete talks about how experienced rate traders refer to the larger "whip" in the 30YR Treasuries.

Options Trading Concepts Live - February 24, 2021 - Strangle and Straddle Management

Strangles and straddles are undefined risk trades where we sell an OTM/ATM put and call at the same time. Since these are undefined risk trades, defensive management opportunities are virtually endless. Tune in to see how the tastytrade crew approaches this concept, with examples in DKNG, SNAP & SFIX.

Options Trading Concepts Live - February 24, 2021 - Strangle and Straddle Management

Strangles and straddles are undefined risk trades where we sell an OTM/ATM put and call at the same time. Since these are undefined risk trades, defensive management opportunities are virtually endless. Tune in to see how the tastytrade crew approaches this concept, with examples in DKNG, SNAP & SFIX.

Johnny Trades - February 24, 2021