Options Boot Camp

Options Boot Camp 81: Pandemic Special

You asked for it -you got it! Mark and Dan put the drill instructor hats back on for a special pandemic-themed episode.

Options Drills Segment

They start by breaking down their preferred options trades for this volatile environment.

Mail Call

Mark and Dan wade into the mail bag to answer your questions about theta decay, levered ETPs vs. options, the Schwab/TD merger and much more.

On this episode of Options Boot Camp, Mark and Dan discuss:

• Should you write ITM covered calls?
• Covered calls versus naked short puts?
• Busting the most common options myth.
• And much more...

OBC 79: New Years Mail Call Palooza Part 2

On this special episode, Mark and Dan ring in the new year by answering your questions about:

• The impact of spy dividends on options traders
• Rules of thumb when buying options
• When to buy a call outright vs a spread
• and much more...

Brought to you by www.Tradier.com

OBC 78: New Years Mail Call Palooza

On this special episode, Mark and Dan ring in the new year by answering your questions about:

• Funky Time Spreads
• Crypto Options
• Credit Spreads
• Do Options Pros prefer to sell premium
• and much more...

Brought to you by: www.Tradier.com

OBC 77: Hunting for Income in A Low Rate Environment

• Host: Mark Longo, The Options Insider Media Group
• Co-Host: Dan Passarelli, Market Taker Mentoring

Basic Training Segment

Options Boot Camp is back! In this episode, Mark and Dan explore how to get aggressive with your income when rates are low. The topics discussed include:

• Covered Calls
• Short Puts/Put Spreads
• Collars
• Covered Combos/Strangles
• ITM vs. OTM Covered Calls
• and More

MAIL CALL

Question from Joe and Linda - I have been knee deep with you guys for the last 14 months and can't Thank You enough for the wealth of information you provide. One of my favorite quotes: " Your generosity is only exceeded by my gratitude." I have a long commute to work in the morning and have managed to listen to all 240+ of the Options Playbook, all of the Bootcamp, 90% of the OIC stuff as well as in and out of the Options Advisor and Futures show. Also haven't missed Options Block for the last few months.

I purchased Dan's Trading Options Greeks book and was wondering if he had an audio version. Could easily listen to it on my morning commute.

You so much for all your help, looking forward to the future with you guys. Going to be successful enough to be able to travel thank you guys in person! Thanks Again!

Question from Rayman5839 - Hi! Is the option premium counted toward exercising an option when in the money?. New to options, thanks...So it would only be profitable if the intrinsic value heavily outweighs extrinsic?

Question from Thomas Weber - If I am short a deep in the money call in SPY (delta near 1), what are the odds I will be assigned before Friday expiration?

Question from Alto - Which do you think has a better chance of happening - no more earnings calls or after hours options trading? And which do you think would be more impactful for options traders? Do you have a preference?

Question from 6654P - Why are options on CBOE and CME GROUP viewed differently?

Question from Paul Vasquez - When is the "official" close as far as options expiration is concerned? I've had calls assigned and had stocks put to me when the strike was out of the money at market close but it moved in and out during after hours trading. Any light you can shed on how expirations work would be appreciated. Thanks Paul, Sacramento, CA

Question from LL6 - Why did mini options fail? Are they done for good?

Question from Neels - Why is the logo for this show blue?

Question from RadH0k - Is spread delta just diff of the deltas on the two options?

Question from JackTam - Is there another exchange educator out there other than Cboe institute?

Options Boot Camp 75: Bringing Education Back With A Vengeance

• HOST: Mark Longo, Founder and CEO - The Options Insider Media Group
• Co-Host: Dan Passarelli, Founder - Market Taker Mentoring.

Mark and Dan are bringing options education back with a vengeance! In this episode, they kick things off by looking back at a tumultuous 2018. Then they follow up with a super-sized Mail Call segment answering all of your pent-up questions about Apple, skew trades, options exchanges, options education, USO verticals and much more.

It's time to get back in peak options trading shape. It's time for Options Boot Camp!

Basic Training: The Return of Volatility!

• VIX is not dead.
• VIX jumped from 13.99 on 2/2 to 38.30 on 2/5, and 46.34 on 2/6.
• What are you thought on the recent resurgence of volatility in the marketplace?
• Do you think this is a temporary aberration or have we transitioned into a new volatility regime?
• What is the impact of higher volatility on options strategies? What is the impact of this change for options traders?

Mail Call: Options Flashpoll

The proposed third exchange from MIAX will raise the total number of U.S. Options Exchanges to 16. Is this a good thing for the options market? Is it the straw that finally breaks the camel's back? Or are you too busy getting great fills to care?

• 44% - More Exchanges the Better
• 22% - Please Make It Stop
• 34% - Don't Care: I get filled

Listener questions and comments:

• Question from Allan Tullman - There was a lot of research last year regarding selling put options to harvest risk premium. Now that volatility is back is this an ideal time to harvest premium via put selling or does the increased volatility increase the probability of getting whipsawed?
• Question from Scott Somer - For Jill Malandrino: When CBOE does their floor reports there is an open outcry din from the SPX, VIX areas. Are there areas on the Nasdaq PHLX floor that also have that type of din, and if so, what names are getting this din?

Today's guest hosts are Dan Passarelli from Market Taker Mentoring, and Dave Russell, Vice President of Content Strategy at TradeStation.

Basic Training: Options Education for Veterans

• Why is TradeStation pursuing veterans?
• What is TradeStation doing specifically for veterans?
• Which options strategies are most popular?

Mail Call: Options question of the week

Earnings season is upon us once again! It's time for #Tech to put its best foot forward. Which big #tech names are you looking to sling some #options on this week?

• Amazon ($AMZN)
• Microsoft ($MSFT)
• Alphabet ($GOOGL)
• Facebook ($FB)

Listener questions and comments:

• Question from B. Fowl - What is the most common options question that you guys get?
• Question from P. James Lamar - Can you guys recommend an options platform for an active option trader? I'll try to add a link to what I used to be able to do on my old platform but am no longer able to do. But I would like to find another platform that has single click entry and exit for options. If you know one please let me know. Thanks.
• Question from Charlie C. - What's the weirdest thing you've seen in the options market?
• Question from LTV$ - What is the cheapest way to buy an option?
• Question from Tim T. - You guys slammed buying straddles on your last show. Are they really that dangerous? Or is it more a question of people not knowing what they were getting into?
• Comment from Allen Van - My Favorite Greek - My options trading is mostly focused around theta. I really don't pay attention to the other Greeks. It's all about collecting the theta. Seems to be working so far. Am I nuts?

Basic Training: Expiration Mythbusting

• What is expiration? Why do options expire? What does Triple Witching mean? Quadruple Witching?
• How does expiration impact the Greeks? How has expiration changed with the advent of the weeklys?
• Myth: Is it true that options control the stock market on expiration Friday?
• What happens when you exercise an option? American vs. European exercise? Can you exercise options early? Should you? How does auto-exercise work?

Mail Call: Fall in for listener questions

• Question from Christina Rico - Will we ever have daily options?
• Question from Ian Nichol - Love the show. What do you guys (and lady) think of this VXX debacle with FINRA and Wells Fargo? Seems like a few of the folks at Wells Fargo should have been listening to this show.
• Question from TradeHer - How do we get more ladies into #options?