The tastylive network

Engineering The Trade - January 9, 2023 - Is This The Beginning Of The End For Lululemon

From Theory to Practice - January 9, 2023 - Examining Extrinsic Value Changes

From Theory to Practice - January 9, 2023 - Examining Extrinsic Value Changes

Market Measures - January 9, 2023 - Adjusting Delta When IV Falls

Changing the delta on your short premium when IV goes up or down can help stabilize a portfolio’s exposure since all deltas are affected similarly by changes in IV. Increasing the delta of a strangle can substitute for the lack of high IV, but there is less opportunity to be had on average, so scaling up the short delta strikes did not improve your P/L (at least in this study).

Market Measures - January 9, 2023 - Adjusting Delta When IV Falls

Changing the delta on your short premium when IV goes up or down can help stabilize a portfolio’s exposure since all deltas are affected similarly by changes in IV. Increasing the delta of a strangle can substitute for the lack of high IV, but there is less opportunity to be had on average, so scaling up the short delta strikes did not improve your P/L (at least in this study).

Futures Power Hour - January 9, 2023 - Ranges Begin to Break

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Anton Kulikov about future options strategies at the start of the new trading week. Tune in as they discuss the bullish breakout in US equities (/ES, /NQ, /RTY, /YM), the ongoing bid in bonds (/ZT, /ZN, /ZB), and how to structure trades in energy (/CL, /NG).

Futures Power Hour - January 9, 2023 - Ranges Begin to Break

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Anton Kulikov about future options strategies at the start of the new trading week. Tune in as they discuss the bullish breakout in US equities (/ES, /NQ, /RTY, /YM), the ongoing bid in bonds (/ZT, /ZN, /ZB), and how to structure trades in energy (/CL, /NG).

Options Trading Concepts Live - January 9, 2023 - SKEW & Dynamic Delta

SKEW exists in an options market when equidistant OTM options are different prices. The higher-priced option side indicates that the market perceives the risk of a high-velocity move to be to that side. This doesn't mean the market is moving in that direction, but it can help us understand how the market views risk in that particular expiration cycle. Tune in to learn more with a live Q&A as well!

Options Trading Concepts Live - January 9, 2023 - SKEW & Dynamic Delta

SKEW exists in an options market when equidistant OTM options are different prices. The higher-priced option side indicates that the market perceives the risk of a high-velocity move to be to that side. This doesn't mean the market is moving in that direction, but it can help us understand how the market views risk in that particular expiration cycle. Tune in to learn more with a live Q&A as well!

The Skinny on Options: Abstract Applications - January 9, 2023 - Payment For Order Flow A Good Thing

Active trading has come under fire as of late with the Robinhood and GME sagas. With the usual suspects for casting blame being High Frequency Trading and Payment for Order Flow. But is it fair to label PFOF as being bad for the retail trader? As we see today, the exact opposite is actually true.

The Skinny on Options: Abstract Applications - January 9, 2023 - Payment For Order Flow A Good Thing

Active trading has come under fire as of late with the Robinhood and GME sagas. With the usual suspects for casting blame being High Frequency Trading and Payment for Order Flow. But is it fair to label PFOF as being bad for the retail trader? As we see today, the exact opposite is actually true.

Options Jive - January 9, 2023 - Research Center JAN 9th with Anton

Options Jive - January 9, 2023 - Research Center JAN 9th with Anton

First Call - January 8, 2023

First Call - January 8, 2023

Research Specials LIVE - January 7, 2023

Research Specials LIVE - January 7, 2023

Engineering The Trade - January 6, 2023 - Engineering the Trade

Engineering The Trade - January 6, 2023 - Engineering the Trade

From Theory to Practice - January 6, 2023 - Strategy Selection Defined Risk and Undefined Risk

From Theory to Practice - January 6, 2023 - Strategy Selection Defined Risk and Undefined Risk

Futures Power Hour - January 6, 2023 - A Goldilocks US Jobs Report

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Pete Mulmat about future options strategies in the wake of the December US nonfarm payrolls report, marking the end of the first week of trading in 2023. Tune in as they discuss the rebound in stocks (/ES, /NQ), the disappointing tape action in energy (/CL, /NG), and why gold prices (/GC) may be poised to continue their strong run.

Futures Power Hour - January 6, 2023 - A Goldilocks US Jobs Report

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Pete Mulmat about future options strategies in the wake of the December US nonfarm payrolls report, marking the end of the first week of trading in 2023. Tune in as they discuss the rebound in stocks (/ES, /NQ), the disappointing tape action in energy (/CL, /NG), and why gold prices (/GC) may be poised to continue their strong run.

Options Trading Concepts Live - January 6, 2023

Options Trading Concepts Live - January 6, 2023

The Trader's Instinct - January 6, 2023 - New Years Resolution

The Trader's Instinct - January 6, 2023 - New Years Resolution

Market Measures - January 6, 2023 - Crouching Vega, Hidden Deltas

Delta attempts to describe how option prices change when the spot price changes, but it is ignorant of the change in IV that tends to accompany changes in spot price. Vega describes how option prices change with changes in IV; by combining Vega with the anti-correlation between IV and spot price, we can arrive at extra, hidden, effective Deltas. Today, Tom and Tony explore both data and theory to see how we can construct short option positions that are as price neutral as possible.

Market Measures - January 6, 2023 - Crouching Vega, Hidden Deltas

Delta attempts to describe how option prices change when the spot price changes, but it is ignorant of the change in IV that tends to accompany changes in spot price. Vega describes how option prices change with changes in IV; by combining Vega with the anti-correlation between IV and spot price, we can arrive at extra, hidden, effective Deltas. Today, Tom and Tony explore both data and theory to see how we can construct short option positions that are as price neutral as possible.

Bootstrapping with Dylan Ratigan - January 6, 2023 - The 51 Billion Dollar Live Music Industry is About to Be Disrupted

Bootstrapping with Dylan Ratigan - January 6, 2023 - The 51 Billion Dollar Live Music Industry is About to Be Disrupted

Fast Market - January 6, 2023

Fast Market - January 6, 2023

This Week In Stocks - January 6, 2023 - Happy New Year

This Week In Stocks - January 6, 2023 - Happy New Year

Macro Money - January 5, 2023 - How US Jobs Data May Move Stocks, Bonds, Gold and the Dollar

December's US jobs report looms large for traders trying to divine the path of Fed monetary policy as a blistering rate hike cycle threatens to sink growth even as it cools inflation. The numbers may trigger broad-based volatility across stocks, bonds, gold and the US Dollar.

Macro Money - January 5, 2023 - How US Jobs Data May Move Stocks, Bonds, Gold and the Dollar

December's US jobs report looms large for traders trying to divine the path of Fed monetary policy as a blistering rate hike cycle threatens to sink growth even as it cools inflation. The numbers may trigger broad-based volatility across stocks, bonds, gold and the US Dollar.

Engineering The Trade - January 5, 2023 - This Is A Crazy Stat For Options Trading

Engineering The Trade - January 5, 2023 - This Is A Crazy Stat For Options Trading

From Theory to Practice - January 5, 2023

From Theory to Practice - January 5, 2023

Futures Power Hour - January 5, 2023 - Markets Stumble Ahead of NFP

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Jermal Chandler ahead of the December US nonfarm payrolls release on Friday. Tune in as they discuss the move lower by the Nasdaq 100 (/NQ), signs of resiliency in cryptocurrency markets (/BTC), and what to make of IV ranks in various major currencies (/6E, /6J).

Futures Power Hour - January 5, 2023 - Markets Stumble Ahead of NFP

Christopher Vecchio, CFA, Head of Futures and Forex, talks with Jermal Chandler ahead of the December US nonfarm payrolls release on Friday. Tune in as they discuss the move lower by the Nasdaq 100 (/NQ), signs of resiliency in cryptocurrency markets (/BTC), and what to make of IV ranks in various major currencies (/6E, /6J).

Options Trading Concepts Live - January 5, 2023 - Two Trade Ideas JAN 5th

Mike & Katie both place bullish options trades in /CL and /MCD to avoid the mayhem of the equity markets for the time being. Mike sells a put spread in /CL below the 52 week low Katie buys an /MCD contract Tune in for a full breakdown and a live Q&A session as well!

Options Trading Concepts Live - January 5, 2023 - Two Trade Ideas JAN 5th

Mike & Katie both place bullish options trades in /CL and /MCD to avoid the mayhem of the equity markets for the time being. Mike sells a put spread in /CL below the 52 week low Katie buys an /MCD contract Tune in for a full breakdown and a live Q&A session as well!

Trading Futures With LIZ & JNY - January 5, 2023 - Trading Futures With Liz and JNY

Trading Futures With LIZ & JNY - January 5, 2023 - Trading Futures With Liz and JNY

Market Measures - January 5, 2023 - Observing Intraday Correlations

Regardless on the time period you use to measure the relationships between major asset classes, it is fair to say that their price relationship over one time period may be similar to their price relationship in another time period.The increased liquidity and volume in nearly all markets means that we can expect price relationship to hold the same way it does 45 days as it does over five-minute periods, and most likely, any time period in between.

Market Measures - January 5, 2023 - Observing Intraday Correlations

Regardless on the time period you use to measure the relationships between major asset classes, it is fair to say that their price relationship over one time period may be similar to their price relationship in another time period.The increased liquidity and volume in nearly all markets means that we can expect price relationship to hold the same way it does 45 days as it does over five-minute periods, and most likely, any time period in between.

Options Jive - January 5, 2023 - Comparing Implied Volatilities

We often use IVR and IVP to normalize volatility so it is comparable between assets.Today, join Tom and Tony as they look at why this normalization is important by first comparing the IV indexes of Gold (GVZ), the S&P 500 (VIX), Amazon (VXAZN) and Crude Oil (OVX) and then comparing their IVRs.