Tricks of the Trade:

• What is the Fitness Function?
• How can an option-oriented advisor/asset manager use this?

The Buzz

• OCC Cleared contract volume up 20% in October.
• Big names outperforming during earnings season.
• How to approach trading into an earnings announcement.
• Volatility and Market History in the Age of Trump.
• The Rise and Fall of Modern Portfolio Theory

Office Hours: Listeners have their say

• Comment from Don - Guys, If I live to be 100, I will never, ever, understand utter gibberish such as this article. All the technical analysis, all the pseudo-science, charting, etc., all to reach what conclusion? In essence, that the market is due for a correction and is going to tank! Why use VIX for that? Does he want any sane, rational human being to conclude that VIX has a mind of its own and is going to explode all by itself, and THEN, a market correction will ensue?? Now, don't get me wrong: we could certainly have a massive market correction at any time. But, it is beyond asinine to imply that what will set it off will be a huge rally in the VIX. The entire investment public is made up of 99% horses' asses. And garbage like this article doesn't help. Don.

Options question of the week: Bitcoin just blew past $100B in "market cap." If options were available how would you trade them?

• Buy Calls/Call Spreads
• Buy Puts/Put Spreads
• Sell Covered Calls
• Other/Hate #Crypto