Options Boot Camp

OBC 91: YOUR QUESTIONS ABOUT DIAGONALS, NEGATIVE RATES, USO AND MORE

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING
• NASDAQ HOT SEAT: BRIAN OVERBY, ALLY INVEST

MAIL CALL SEGMENT

Today we answer your Qs about:

• Diagonals / Strike Price Placement
• Option Prices and Negative Interest Rates
• The USO Adjustment
• and more..

OBC 90: Let's Talk Iron Condors

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING
• NASDAQ HOT SEAT: BRIAN OVERBY, ALLY INVEST

BASIC TRAINING SEGMENT - IRON CONDORS

• WHAT IS AN IRON CONDOR?
• EXAMPLES OF IRON CONDORS.
• WHEN DO YOU WANT TO USE AN IRON CONDOR?
• WHEN DO YOU NOT WANT TO USE AN IRON CONDOR?
• WHAT ARE SOME MISTAKES THAT PEOPLE MAKE WHEN TRADING AN IRON CONDOR?

MAIL CALL

• WE ANSWER YOUR ADDITIONAL QUESTIONS ABOUT TIME SPREADS/CALENDAR SPREADS.

OBC 89: Mail Call - Even More Questions About Time Spreads

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING
• NASDAQ HOT SEAT: MATT AMBERSON, FOUNDER, ORATS

MAIL CALL

• QUESTION FROM SCOTT SOMER: IF YOU CHOOSE TO DIAGONALIZE YOUR TIME (CALENDAR SPREAD) DO YOU PREFER TO MOVE ONE OPTION TO CREATE "CREDIT SPREAD DIAGONAL" OR "DEBIT SPREAD DIAGONAL?"
• QUESTION FROM INDELIA: WHAT IS THE RIGHT ENVIRONMENT FOR A TIME SPREAD?
• QUESTION FROM B6: I'VE MOSTLY HEARD IT SAID THAT THE MOST YOU CAN LOSE ON A TIME SPREAD IS THE AMOUNT YOU PAY FOR IT. BUT SINCE YOU'RE SHORT MORE GAMMA THAN YOU ARE LONG CAN'T YOU POTENTIALLY GET HIT IN AN EXTREME MARKET DOWNTURN WHERE YOU ARE LOSING MORE ON FRONT CONTRACT THAN MAKING ON SECOND CONTRACT.
• QUESTION FROM CARMELA: WE'RE ALL LIVING IN A POST-WTI WORLD RIGHT NOW. DO YOU THINK WE'LL SEE MORE COMMODITY PRODUCTS TRADE NEGATIVE IN THE NEAR FUTURE? IF SO, DOES THAT CHANGE HOW WE THINK ABOUT RISK FOR SUPPOSEDLY "LIMITED RISK" TRADES LIKE TIME SPREADS?

OBC 88: Time Spread Mt. Vesuvius

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING
• NASDAQ HOT SEAT: MATT AMBERSON, FOUNDER, ORATS

BASIC TRAINING SEGMENT - TIME SPREADS

• WHAT IS A TIME SPREAD/CALENDAR SPREAD?
• EXAMPLES OF TIME SPREADS
• WHY TRADE TIME SPREADS?
• WHAT IS THE OPTIMAL SCENARIO FOR A TIME SPREAD?
• WHAT IS A DIAGONAL?
• EXAMPLES OF A DIAGONAL

MAIL CALL

WE ANSWER YOUR QUESTIONS ABOUT TIME SPREADS/CALENDAR SPREADS.

OBC 87: Your Qs About Time Spreads, Closing Calls and More

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING.
• NASDAQ HOT SEAT: LUKE RAHBARI, EQUITY ARMOR INVESTMENTS

MAIL CALL SEGMENT

Today we answer your Qs about:

• Closing long calls
• When to trade time spreads
• Weekly gamma vs. vega - round 2
• and more..

OBC 86: Beware of Box Spreads

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING
• NASDAQ HOT SEAT: LUKE RAHBARI, CEO, EQUITY ARMOR INVESTMENTS

BASIC TRAINING SEGMENT - BOX SPREADS

• WHAT IS A BOX SPREAD?
• WHO USES THESE?
• WHAT IS THE USE CASE? IS THERE EVER A GOOD REASON FOR TRADERS TO USE THEM?
• WHY DO SOME BROKERS & TRADERS GET INTO TROUBLE WITH THESE SEEMINGLY SIMPLE SPREADS?

MAIL CALL

WE ANSWER ALL OF YOUR QUESTIONS ABOUT USO

OBC 85: Your Qs About Options Mistakes, Earnings Volatility and More

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• NASDAQ HOT SEAT: RUSSELL RHOADS, EQ DERIVATIVES

MAIL CALL

• QUESTION FROM Daniel P Kuczero: What are your thoughts on financially engineering an options strategy to get consistent 8% returns? This is listed on Swan's marketing - I wonder if it is pointed toward them???
• QUESTION FROM THEGRATE: Does anyone offer a pre-earnings straddle basket that you can buy to trade a large number of events at once?
• QUESTION FROM Stockpicker320: If the stock market was closed during the expiration date and I owned "In the money" Call options I would assume that there would be a mechanism in place and my broker, TD Ameritrade, would still allow me to execute them before the Expiration Date on their website or by calling them. At the Expiration Date "In the Money" options get exercised automatically by TD Ameritrade as long as they are in the money by 0.01. It could be very dangerous if the Call options were only in the money by a few cents because the stock price could gap down when the stock market finally opened which could result in a big loss if I had a lot of options which controlled many shares of a stock. If my Call options were only in the money by a few cents I would call TD Ameritrade before the expiration date and ask them "Do Not Exercise" the options. Unfortunately this can't be done on their website and must be done by a phone call.
• RELATED QUESTION FROM Mike Wienick: If the markets are shut down due to The extraordinary circumstances and I have expiring in the money puts that I bought - what happens? Are the expiring options automatically exercised or do they just expire worthless because the market was shut down?
• RELATED QUESTION FROM NNJ66: What happens if the stock is halted or exchanges are shut down when I own puts?
• COMMENT FROM Michael Pledgure: Lets see if the S&P 500 will break to new highs and continue this time?
• COMMENT FROM Malibu Invest: Two words; long tankers. RE: MASSIVE SELLOFF IN CRUDE OIL
• QUESTION FROM JAY JONES: I generally trade for credit; either vertical spreads or iron condors. My question for you today is: what is the benefit to trading a pure call or put condor, vs an iron condor? The risk/reward profiles at expiration are identical, but it seems like theta decay doesn't help the call condor or the put condor as much as it helps the iron condor. Can you give an example or discuss when the call condor or the put condor makes more sense than the iron condor? Thanks so much, and keep up the great work!

OBC 84: CRUDE OIL MYTHBUSTING, RATIO PUT SPREADS AND MORE

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING.
• NASDAQ HOT SEAT: RUSSELL RHOADS, EQ DERIVATIVES

TOPICS:

THOUGHTS ON THE INSANITY IN THE CRUDE OIL MARKET?

SHORT PUTS/PUT SPREADS VS. RATIO PUT SPREADS

MAIL CALL

QUESTION FROM BUCKEYE: WHAT IS THE ONE MISTAKE THAT YOU SEE THE MOST OFTEN WITH NEW OPTIONS TRADERS?

OBC 83: Pandemic Mail Call Palooza

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING.
• NASDAQ HOT SEAT: TONY ZHANG, OPTIONSPLAY

MAIL CALL

• QUESTION FROM ELLE76: WHAT MATTERS MORE WHEN TRADING WEEKLY OPTIONS - GAMMA OR VEGA?
• QUESTION FROM DRAKE: I'M CONFUSED. WHAT IS THE DIFF BTWN NDX AND NDXP?
• QUESTION FROM THOM: THANK YOU FOR YOUR GREAT OPTIONS BOOT CAMP PROGRAM. I'VE BEEN DEVOURING ALL THE EPISODES. I REALLY WANT TO TRADE OPTIONS NOW BUT I'M SCARED BY THESE MARKETS. I WAS LOOKING AT SOME PUTS YESTERDAY AND THEY NEARLY $2 WIDE FOR A TWO-WEEK, 5% OTM PUT. I DIDN'T REALLY KNOW WHAT TO DO WITH THAT MARKET. TRADING ON EITHER THE BID OR THE OFFER LOOKED LIKE A SURE LOSER. DO YOU GUYS HAVE ANY TIPS FOR TRADING IN THESE ESPECIALLY VOLATILE, AND WIDE, MARKETS? THANKS AGAIN FOR THE SHOW AND THE WHOLE NETWORK. KEEPING ME SANE IN MY HOUSE RIGHT NOW.
• QUESTION FROM VANDANGO: IS IT TRUE THAT MOST PRO TRADERS SHORT VOLATILITY?

OBC 82: Talking Time Spreads, Short Puts and Micromarkets

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: DAN PASSARELLI, MARKET TAKER MENTORING.
• NASDAQ HOT SEAT: TONY ZHANG, OPTIONSPLAY

Mark, Tony and Dan discuss whether long straddles still work, the proper way to structure time spreads in this environment, short puts vs. credit call spreads, selling puts in USO and much more.