Dec 31, 2013
Option Block 302: Looking
Forward, Looking Back
Block Predictions for 2014:
- Mark - I wish they could
finally get the Minis right. Hopefully someone wiIl figure out how
to aggregate spread flow across exchanges to improve spread
execution, less exchanges, less fixation by retail on VIX/ETFs and
more migration to futures/futures options.
- Andrew - I like a VIX
low print prediction. Where the market is going and the
forgotten sectors in 2013 and how they will fair.
- Alex - Cash settled
equity options (that would be pretty sweet). Hope the tax folks
don't pass mandatory mark to market. No transaction tax. After
hours trading. Five year Leaps. Adjust maker/taker to discourage
HFT. An industry standard for delisting zero open interest series.
Electronic trading for the options on the big SPU.Predictions: More
consolidation - I was wrong about this occurring in
- Tosaw - Another big year
for SPX. Waiting to see Apple earnings tomorrow before I can give a
prediction for 2014. I would like to see more volume in the jumbo
SPY. Feeling "straddlish" for 2014.
- Mark - I predict more
exchanges, something occurs to clip the wings of this rally in
2014, not much appreciable Vol in the marketplace until the next
big government debate at end of Q1.
Xpress Block: Twitter was the
only big name on the desk. A very important discussion on the 1256
Mail Block: Tell us what you want
- Question from Jason
KruseRUSE @Jkruse81- @Options thought about a strategy of
maxing out margin to buy a lot, then selling a deepish ITM covered
call. Is there a name for that? -@Options or have you guys talked
about something like that where I could get a better idea of
- Comment from Gary Barisi -
That much action because they got a $50M insurance
- Question from Jack
@Itrumpdoom - Option Block Front or Back? I apologize if this
question has been covered in the last year and I missed it, in
dealing with ratio vertical spreads, will you please explain what
makes a front spread front, and a back spread back?