Options Bootcamp 37: Our Holiday Wish Lists

Basic Training: Options Boot Camp Holiday Wish List

• John - Consolidation in the exchange market place.
• Mark - Better spread execution in the options market in 2014.
• Dan - Continued growth in the options business.
• Mark - Financial/mainstream media would abandon its perception that options are dangerous, complex risk-additive instruments.
• John - Customers close every expiring position.
• Dan - Continued growth in options education.
• Mark - Brokers would make it cheap or free to close out shorts below a nickel.
• John - Customers never (or almost never) trade inverse or leverage ETFs.
• Dan - I hope to be successful in guiding my students, and potential students' expectations of options.
• Mark - I wish more customers would break away from their fixation with VIX.
• John - I would like to see an end to the day trading rules. I also wish more customers had a trading strategy firmly in place before they put a trade on.
• Dan - I would like to see no crazy blow-ups like PFG, etc.

Listener Mail: Listener questions to the Drill Sergeants

• Question from Ed - I am a call writer but I am having a hard time finding trades that suit my criteria in this low vol environment. What is your recommendation? How do I find more acceptable covered writes in this environment?
• Comment from Tom Giles, Newport, RI - I just want to thank you guys for putting together this program. It has really been helpful for me as I take my first fumbling steps into the options market. I have been mainlining the show on my commute every day and repeating episodes that are particularly suited to my trading style. I have already identified a few mistakes in my trading and also adopted a few of your suggestions, including stock replacements and short puts for limit orders. Thanks for the help. When can I look forward to a daily show? I have a long commute.