POPULARITY
LISTENER QUESTIONS Question from Chickenluvr - Do you know if there is anyway you can tell if positions are being opened or closed intra day? Live options open interest? Question from Meravol - What are your thoughts about selling strangles at the 1std dev levels of a particular stock? Sort of like a bollinger band strangle? Thoughts on this technique? Is it me or are there new techniques for selling strangles all the time that always tend to blow out? Aren’t you better off selling IC or IB due to limited risk? Question from S Warz - Can you trade options through dark pools? Question from Mr Petty - What is the sweet spot when buying options when it comes to time decay. I don't want weeklies but I also don't want to spend a fortune for a two-year option? Comment from Tenasur - Ally is smart having a show on this network. It puts them ahead of a lot of brokers that are still figuring out their content strategy. Maybe one day Ally will pick up the rest of it and make it the Ally Options Insider Radio Network. That would be pretty sweet for ally clients to have access to this stuff 24/7. Although the rest of Mark's listeners might be a little angry.
Volatility Review: A full overview of CBOE RMC Europe. The numbers: VIX Cash - a high of 11.10 on Monday. VVIX - 92 CBOE Skew Index - 142.74 Russell's Weekly Rundown: VIX Options - ADV: 813k, VIX Call/Put 3.1; Total 13.7m (10.4m Calls, 3.28m Puts). OIV - 26.34 Volatility Voicemail: Listener Questions and Comments Options question of the week: First #Harvey, then #Irma, now #Jose & more. We prep houses/cars/family for #disasters. How do you prep your portfolio? Get Long $VIX/$VXX/$UVXY Go To Cash/T-bills Buy Index/Stock Puts "Risk Assets" - Gold, etc. Listener Questions: Question from Volbug: You mentioned on the show that our twins (XIV & SVXY) could go to zero if there is a big enough spike in vol. Would you and the crew be able to take a guess at what level of vol action would result in such a occurrence? Second question is, wouldn't such a spike send equities out the window also? As always, thanks for the show. Question from PBiggers - Time to go long VIX? Sell some EFX premium? Some skew in there. IV is at a 52 wk high. Liquidity is sketchy. Crystal Ball: Your prognostication headquarters Last week: Mark L. - 11.5 Mark S. - 11.01 Russell - 12.25 This week: Mark L. - 9.8 Mark S. - 10.5 Russell - 11.11
Volatility Review: A look back at the week from a volatility perspective Shortened holiday week hit with a never-ending parade of hurricanes Don't forget North Korea Oh, and the President Bonds are screaming August options volume is strangely high. So much for vacationing for the month VIX up into the 12-handle. Will it hit the low teens? VIX Cash: High of 14.06 on Tuesday VVIX: 99 CBOE SKEW Index: 135.39 - 5 points higher than last week Russell's Weekly Rundown: Will people start using weekly options on Monday for the upcoming week's risk? CME Fed tool has next potential rate hike at next August, and only 50-50 Why are people buying vol into the weekend? VIX Options on this short week: ADV - 796K; Thurs. - 894K; Weds. - 603K; Tues.- 1.16M; Mon. - Closed. VIX Call/Put: 3.4 Hot VIX Strikes: 635482 .VIX Oct 18th 25.0 C, chg +4681 460502 .VIX Sep 20th 20.0 C, chg -6238 414217 .VIX Oct 18th 12.0 P, chg +13048 376664 .VIX Oct 18th 15.0 C, chg -70943 285530 .VIX Sep 20th 18.0 C, chg +3297 268153 .VIX Sep 20th 21.0 C, chg -14404 265517 .VIX Sep 20th 23.0 C, chg -1246 259376 .VIX Sep 20th 17.0 C, chg -226 251586 .VIX Sep 20th 19.0 C, chg +1678 249889 .VIX Oct 18th 20.0 C, chg -149520 Total 12.5m (9.43m Calls, 3.03m Puts) Volatility Voicemail: Listener Questions and Comments Options Question of the Week: As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ Gold Volatility Crude Oil Volatility S&P 500 Volatility - VIX Single Names - $AMZN, etc Listener Questions: Question from Elbu: Seems like everyone is jumping on the short $VIX bandwagon these days. Since when does the NYT cover volatility trading? RE: this article - Day Trading in Wall Street's Complex "Fear Gauge" Proliferates Question from Elly: What's the ideal month/strike combo when buying puts on VXX? 6 months / 25% OTM? Crystal Ball: Wild and reckless prognostication Where do the hosts think the VIX will close next week? Last Week Mark L.: 10.15 Mark S.: 10.65 Russell: 11.11 This Week Mark L.: 11.5 Mark S.: 11.01 Russell: 12.25
Trading Block: Earnings highlights include Lowes (Wednesday), Best Buy, Costco, TD Ameritrade, GameStop (Thursday). Odd Block: Calls trade in Pandora Media Inc. (P), calls trade in Energy Transfer Equity LP (ETE) and calls trade in MGM Resorts Int. (MGM). Mail Block: Questions. Comments. More Options Question Of The Week: $VIX =11.20. $VIX June Future = 12.40 $VIX Weekly 11 puts = $.15, Weekly 13 Calls = $.15. What's your trade? Buy 13 Call for $.15 Buy 11 Put for $.15 Sell 13 Call for $.15 Sell 11 Put for $.15 Listener Questions: Question from Game Daydog - Whoo Hooo !! I made the boot camp show!!! He's right.. I did take a bruise, but my position was good. The stock gapped thru my position. Is there an option strategy that offers the most gap-thru protection? Question from Jlers -Best broker for Iron Condors? Around the Block/This Week in the Market: May 23: New Home Sales May 24: Existing Home Sales, FOMC Minutes May 25: Jobless Claims, International Trade May 26: Durable Goods, GDP, Consumer Sentiment
Volatility Review: A look back at the week from a volatility perspective. VIX Cash: 14.15 VVIX: 94.53 CBOE Skew Index: 146.85 +6.65 (+4.74%), getting rich again. Russell's Weekly Rundown: VIX Options: Mon - 616k, Tues - 1.4M, Weds - 1.6M, Thurs - 752k, ADV - 712k VIX Call/Put: 3/1: Total 7.27m (5.45m Calls, 1.82m Puts) OIV/OVX - 28.26 Volatility Voicemail: Options #QuestionoftheWeek Earnings are back with some juicy straddles reporting this week. Which is your pick for the most overpriced? $NFLX: ATM Straddle 8% $BAC: ATM Straddle 3% $EBAY: ATM Straddle 7% $ETFC: ATM Straddle 4% Listener Questions: Question from Nizy - So I am confused. Per your VIX Myth-busting episode - what is the deal with with the VXX erosion? It is not due to the roll or it is? If so then how does it erode when VIX futures are backward? Question from Avil3 - UGetting my dad to the dark side. He is thinking about dipping his toes in the Vol waters. What product do you recommend for a Vol newcomer making his first trade? Thx and I will try to get him to listen. Crystal Ball: Wild prognosticating This week: Mark L. - 12.75 Mark S. - 16 Russell - 13.25
Trading Block: Oil prices prop up Wall Street; NASDAQ hits record high. MIAX launches 15th options exchange with MIAX-Pearl. Earnings Today: Before the bell: Coca-Cola, Dunkin Brands Group, Twitter, Viacom After the bell: Activision, Nvidia, Zinga DIS (earnings on Tuesday): Close: $109 - ATM straddle: $3.50, approx. 3.2%; Open: $109.52 - traded as high as $11.42, up 2.2% Other earnings earlier this week: Tuesday:General Motors, Walt Disney Company, Take Two Interactive Wednesday: GrubHub, Time Warner Odd Block: Calls trade in Foot Locker Group (FL), calls trade in Chesapeake Energy Co (CHK) and calls trade in Dicks Sporting Goods Inc (DKS) Strategy Block: Uncle Mike Tosaw discusses his recent trades in Chevron. Mail Block: Options #QuestionOfTheWeek - With so many different #Options expiration cycles available (weekly, etc) - which duration do you prefer? Longer than 1 month Monthly Weekly Daily/Intra-day Listener Questions Question from EdwardUhs - Hey guys, what do you think about CMG? (from Mixlr chat on Monday 2/6) Around The Block/This Week in the Market: Quarterly earnings continue to roll in as expected economic reports are very slow up until Friday. Feb 9: Jobless Claims Feb 10: Import and Export Prices, Consumer Sentiment, Treasury Budget
Show Notes Recorded: Sunday 3rd April, 2016 Buzz 1: Average traffic sources comparison for B2B & B2C - http://research.hubspot.com/reports/average-traffic-sources-for-websites-benchmarks-from-15k-hubspot-customers - Hubspot generates a lot of data and they do a lot of research to continually develop their product and help marketers with data-backed insights. - In this study, they looked at the traffic sources of 15,000 B2B and B2C sites & created website visit benchmarks across business type b2b/b2c, employee size, region, and industry. - Hubspot websites do better than your average site so this is GOOD benchmarked data. - Insight one: The Proportion of visits from each source by company type was almost identical for B2B and B2C. This proves there is no fundamental difference - People are people, market to them as people. Yes the sources bring same amounts of traffic but at the execution level your tactics will be different. - Insight 2: Proportion of visits from each source by industry - Gives a great idea of source/channel saturation, what other sites in your industry are doing and where you can pick up your game. Buzz 2: SMS Marketing - According to Frost & Sullivan. The open rate for SMS is 97%. That's like extreme high distinction - Use CRM and clever workflows to deliver highly customised SMS that will have cut-through - Example given: Use email/paid media to promote a brochure > send an automated text sent 24 hours later offering a free consultation personalised with person's name, product of interest and salesperson's name. - Tools used: Hubspot CRM http://www.hubspot.com/products/crm, zapier to integrate, see use cases here: https://zapier.com/zapbook/ and twilio to send the SMS https://www.twilio.com/ - Example SMS: Hello {{First Name}}, thanks for downloading a course guide, if you're interested in a free course consultation, let us know when is the best time to call, please reply back with MORNING, LUNCH or LATE AFTERNOON. If you made a mistake, reply NO, thanks, {{HubSpot Owner}} Buzz 3: Listener Questions - Question 1: Do I specialise or go one-stop shop? - Question 2: How to go about seeking partnerships with marketing/social media agencies. Do I simply ask for a meeting?
The New Liberal Government’s Immigration Reforms How changes impact foreign workers and prospective immigrants? ”We will make it easier for immigrants to build successful lives in Canada, and contribute to the economic success of all Canadians.” “Immigration has always been an important part of Canada’s economic growth, but over the past decade, Stephen Harper has turned his back on welcoming those who want to contribute to our country’s success.” Refugees: “We will renew and expand our commitment to helping resettle more refugees, and deliver a refugee program that is safe, secure, and humane.” Settle 25,000 Syrian refugees by Jan 1 Well underway Invest $250 million ($100 million this year) to increase refugee processing, sponsorship and settlement Restoration of Interim Federal Health Program Provided limited and temporary health benefits to refugee claimants Appoint individuals with appropriate subject-matter expertise to Canada’s Immigration and Refugee Board. Establish an expert human rights panel to determine designated countries of origin, and provide a right to appeal refugee decisions for citizens from these countries Removed Visa Requirements from Mexican Citizens Phasing out visa requirements for other countries Emphasis on Family Reunification: “We will take immediate steps to reopen Canada’s doors, and will make reuniting families a top priority. “ We will also nearly double the budget for processing family class sponsorship. Reducing wait times for spousal sponsorship and Parental sponsorship Double parent and grandparent entry applications to 10,000 a year Currently taking 8-10 years to process Remove conditional PR (currently 2 years live together) Increase age of dependency from 19 to 22 Many children between 19 -22 are in school and still depend upon parents Citizenship: Repeal Controversial provisions in the Citizenship Act to strip citizenship from dual nationals Bill C-24 – created second class citizens and more difficult to become citizens Crediting individuals for residency time prior to PR as it did before Express Entry: will provide more opportunities for applicants who have Canadian siblings by giving additional points under the Express Entry system We will make changes to the Canadian Experience Class to reduce the barriers to immigration that have been imposed on international students. Temporary Foreign Worker Program: Removal of $1000 LMIA fee for caregivers of physically or mentally disabled family members Better regulate caregiver agencies “We will also work with the provinces and territories to develop a system of regulated companies to hire caregivers on behalf of families. This will make it simpler for families to hire caregivers, and protect caregivers by allowing them to change employers in the case of bad relations or abuse.” Listener Questions: Question 1 From: Hasanova Subject: Immigration to Canada Message Body: I live in Azerbaijan with my family and I am expressing a deep interest in migrating to Canada for a better life for my family. Question 2 From: sagun Subject: express entry and work permit Message Body: Hi, I would like to inquiry that if I have Job offer letter supported by LMIA by a company in supervisor post. Can I apply for Work Permit as well as FSW Express entry program together? Please reply me. Sincerely yours sagun Question 3 From: aruna Subject: canada immigration Message Body: Is experience in banking consider as skilled work experience? Report on Express Entry Pilot Course – Canadian Immigration Institute Express Entry Pilot Course on submitting your profile was completed yesterday November 21st. Fantastic group of people involved. It was a lot of fun. Gained great insight into the areas that give people the most trouble. I will use this wonderful insight in creating the full Express Entry course Now that Phase 1 is done, I will be sending out an invitation to participate in Phase 2 of my pilot which will cover all aspects of filing your PR application after you receive an ITA. Stay tuned for more information in the coming weeks. Questions for our Next Podcast If you have an immigration question you would like to leva with me, there is a number of ways to do it. You can leave it in the comments section under this podcast, connect with me on Facebook at the Canadian Immigration Podcast facebook page. I can also be reached through LinkedIn and Twitter, and even on my law firm website: Holthe Tilleman LLP. Because of the high number of questions I get, I am not always able to answer each person individually. I am really sorry for this. However, I will try to select the best questions that I get most frequently and podcast the answer as I have done in this episode. So please don’t hesitate to send your immigration related questions my way. Subscribe to the Canadian Immigration Podcast on iTunes If you have enjoyed this podcast, please subscribe. If you enjoyed the show, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out and raising the visibility of the show. Don’t forget to subscribe to my mailing list as well. Links to Resources: Real Change: A New Plan for Canadian Immigration and Economic Opportunity: https://www.liberal.ca/files/2015/09/A-new-plan-for-Canadian-immigration-and-economic-opportunity.pdf Liberal Party Platform: What does Real Change Mean to you? https://www.liberal.ca/realchange/ Express Entry – The secret to finding your correct NOC!: http://www.canadianimmigrationpodcast.com/express-entry-the-secret-to-finding-your-correct-noc/