Nov 1, 2019
- HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
- CO-HOST: SEAN SMITH, MD OF DERIVATIVES LICENSING, FTSE RUSSELL
WHAT WERE THE MOVERS AND SHAKERS IN FUTURES OPTIONS THIS WEEK?
RATES
FED CUTS RATES FOR THIRD TIME THIS YEAR
- FED CUT BY A QUARTER POINT
- WAS EXPECTED BY THE MARKET - FEDWATCH TOOL WAS AT 95%
- QUESTION FROM NEIL: What is fedwatch saying now about cut in Dec?
- QUESTION FROM NTILL: Did you guy see the recent issue with eurodollar quotes? Maybe this is what’s driving some of the volume in the options lately? RE: THIS STORY - Futures Exchange Reins In Runaway Trading Algorithms
EQUITIES
- DOUBTS ON THE TRADE DEAL SPOOK THE MARKET IN THE WAKE OF FED DECISION
- VIX 13.35 - UP .35
- VVIX: 86.5- UNCHD FROM LAST SHOW
- VXX: 19.95 - NEARLY UNCHD FROM LAST SHOW
- RVX: 17.40 - DOWN .3 FROM LAST WEEK
- VIX/RVX SPREAD - 4.05 - SLIGHTLY WIDER THAN LAST WEEK
WTI
- Oil falls 1% as US inventory rises
NAT GAS
- Natural Gas Experts: 'Follow The Money, Forget The Cold'
METALS
- Gold futures climb above $1,500 to log highest finish in 5 weeks
FUTURES OPTIONS FEEDBACK
- QUESTION FROM JAKE: Why do products like dairy and iron ore that move quite a bit have such light or nonexistent options volume?
- QUESTION FROM LILEANTHAL: What’s the answer as to why weekly WTI options don’t trade?
- QUESTION FROM BEAMS: I think the long-term russell 2000 put trader is a seller taking advantage of inflated put skew to generate higher premiums than comparable spy strikes. Thoughts?
- QUESTION FROM ELTIM: Do you buy that metals only selloff when the calls are bid?