HOST: Mark Longo, The Options Insider Media Group CO-HOST: Dan Passarelli, Market Taker Mentoring In this episode, hosts Mark Longo and Dan Passarelli delve into the origin and history of binary options, exploring their initial launch with Head Street, subsequent rebranding under Nadex, and their evolution into more widely accessible and diversified financial products. They discuss the intuitive pricing of binary options, their appeal among retail investors, and the impacts of regulatory changes, especially the influence of the CFTC's rulings. The episode also touches on newer players in the event derivatives space like Kalshi, ForecastEx, and the CME Group's involvement. Additionally, Mark and Dan respond to listener questions about market trends, time spreads, and the recent VIX behavior. The show wraps up with an engaging discussion on the future of binary options and the growing interest from various market participants.