Topics this week include: It's Russell Reconstitution time: Russell 1000 & 2000 rebalancing today. Could result in the most heavily traded session of 2018. Equity volatility. Will we see a vertical asymptote? CME's new OPEC watch tool Crude: OPEC ministers agree to raise oil production but don't say by how much Ag chat: beans hit nine-year low on rejeuvenated trade war talk CME Bitcoin futures off another 500 handles Futures Options Feedback: Listeners take over Question from Tim Kessler: Do...
Jun 25, 2018•1 hr 2 min
Your co-hosts this week are Sean Smith, Managing Director of Derivatives Licensing at FTSE Russell and Nick Howard, Managing Principal at Bantix Technologies. Topics this week include: Russell reconstitution time Beans! Purdue, CME Group Ag Barometer hits 16-month high Crude Futures Options Feedback: What's on your mind? Question from Mark Brandt: Does Nick use the weather to trade ags? Does he have any esoteric Eurodollar information to share? Question from Olive Trader: Will gold vol go bid af...
Jun 18, 2018•1 hr 3 min
Today's CME hot seat guests are Eric Baum, Senior Commodity Trader, and John Rothstein, Chief Operating Officer at Optiver US. Topics this week include: Ags Corn Soybeans Equities/RVX Crude/WTI Futures Options Feedback: Flash poll! Let's stick with our Volatility theme to round out the week. Quite simply - which product do you think has the highest 30-day implied Volatility? No cheating (or checking with your broker)! What does your gut tell you? VIX? Bitcoin? TSLA?RUSSELL2000? RUT? IWM? 34% - T...
Jun 11, 2018•1 hr 10 min
Topics this week include: WTI/Crude Gold Equities Ags/Soybeand Rates Crypto Futures Options Feedback: Flash Poll! Let's stick with our Volatility theme to round out the week. Quite simply - which product do you think has the highest 30-day implied Volatility? No cheating (or checking with your broker)! What does your gut tell you? VIX? Bitcoin? TSLA? RUSSELL2000? RUT? IWM? Tesla, TSLA VIX Bitcoin Russell 2000: Emini, RUT Listener questions and comments: Question from Ned Brown -You had a guest o...
Jun 04, 2018•1 hr 9 min
Topics this week include: Gold Equities Crude Futures Options Feedback: Options question of the week. CME Group just announced a new Ether index this week expanding the universe of Crypto indices. But, at the end of the day, we all want more tradeable products. Which derivatives product would you like to see next in the Crypto space? Bitcoin? Ether? Ripple? LightCoin? 76% - Bitcoin Options 9% - Ether Futures 6% - Ripple Futures 9% - LightCoin Futures Listener questions and comments: Comment from...
May 29, 2018•1 hr 6 min
Today's co-host is Tim McCourt, the Global Head of Equity Products at CME Group. Topics this week include: Equities Trade at Cash Open (TACO) Crude Gold Bitcoin/Crypto Futures Options Feedback: Listener questions and comments Question from Andrew Sullivan - When, oh when, are we going to get bitcoin options? I don't want to touch the futures so I'm left sitting on my hands during these crazy moves. Question from Flyer - How is Bitcoin's volatility calculated? Is the limited supply and abundant d...
May 21, 2018•57 min
Today we feature co-host Sean Smith, Managing Director or Derivatives Licensing at FTSE Russell Topics this week include: Equities Crude/WTI Gold Futures Options Feedback: Listeners have their say Comment from Patrick Snoke - Only place #hoglove is seriously discussed is @Options #twifo and some underground blogs for lonely farmers. Each for different reasons. Question from Harry H. - Can I buy options on the Russell VIX RVX? My broker doesn't seem to offer them....
May 14, 2018•1 hr
Originally Posted February 20th, 2017 Topics this week include: WTI Skew Crude vol Eurodollars Lean Hogs Futures Options Feedback: Listener questions and comments Question from Tom Rios - How has Mexico threatening to buy corn from Brazil and Argentina, rather than the US, impacted corn volatility? Question from McTinney - Hello to the TWIFO team and guest! Can you give a little more color on the longer term calls you outlined in gold options last show? Is this the beginning of a trend or just a...
May 07, 2018•59 min
Today's special guest is Jared Caplan, Head of Commodities Trading, Akuna Capital. Topics this week include: Corn Soybeans Futures Options Feedback: In which the listeners take over. Question from T Mal - Jared, What is your opinion on the current speculative interest in corn/beans? It seems large right now. What is your opinion on the extremely large open interest? Corn open interest in particular is very large. Question from Adam Coker - Can you explain the nature of options liquidity for the ...
Apr 30, 2018•1 hr 13 min
Topics this week include: Crude Gold/Metals Indices Bitcoin Futures Options Feedback: Listeners have their say Question from GWCH - You buying that this cryptocurrency rally is based on the sharia law approval? Question from Kennedy -Soros is getting into Crypto. Time to sell? Comment from CTWills - The news of a 16th options exchange make me appreciate the predominantly centralized futures options market. With so many exchanges it's hard to even get a 10-lot spread off these days. Question from...
Apr 23, 2018•1 hr 7 min
Special Guest Co-Host - Tracy Shuchart, @CHIGIRL Topics this week include: Crude/WTI Gold/Metals Futures Options Feedback/Volatility Flash Poll Which product/segment do you think will experience the most Volatility over the coming trading week (through the close on Friday 2/20) SPY SPX VIX WTI Crude Gold Bitcoin BTC GLD USO S&P500: SPY, SPX. VIX Gold: GLD, Come Crude Oil: WTI, USO Bitcoin: BTC Listener questions and comments: Question from Ken Aidan -I'm a crude swinger mostly trading short-...
Apr 16, 2018•1 hr 7 min
Today's episode features special guest co-host Todd Colvin, Senior Vice President at Ambrosino Brothers. Topics this week include: Soybeans Corn Hogs Energy/Crude oil Rates Indices Metals/Gold
Apr 09, 2018•1 hr 10 min
Topics this week include: WTI Gold Bitcoin Futures Options Feedback: The final options question of the week for 2017. Our Final #QOTW for 2017 is an easy one. Quite simply: what is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! Death of Volatility/VIX Rise of Bitcoin The Unstoppable Bull Other: Reply/DM w/ideas Comment from Olivewana...
Mar 30, 2018•1 hr 6 min
Topics this week include: Crude/WTI Gold Indices Winners: Heating Oil, WTI Losers: Oats, KC Wheat Futures Options Feedback: Listeners have their say Question from Anders - Can we get some Ags on the TWIFO show this week? Question from Neil Brennan - Nick has ATM implieds for #crypto can he also interpolate skews?
Mar 26, 2018•1 hr 6 min
Topics this week include: Oil/WTI Gold Bitcoin Winners: RBOB, Soybean Oil Losers: Oats, Wheat Futures Options Feedback: Options Flash Poll Which would you rather see first? Would you rather see Options finally listed on Bitcoin futures? Or would you prefer to have more Cryptocurrency futures (Litecoin, Ethereum, etc.) launched instead? Gimme Bitcoin Options More Crypto Futures Save Me from More Crypto Listener questions and comments: Question from HFL9 -Would you rather see options on bitcoin fu...
Mar 19, 2018•1 hr 7 min
Topics this week include: EuroDollars Oil/WTI E-mini Metals/Gold Winners: E-mini Russell, Nasdaq E-mini Losers: Iron Ore, Soybean Meal Futures Option Feedback: Listeners have their say Question from NOZ3T: Is it possible to hedge some of these aggregate commodity ETFs with puts in their underlying itself - so hedge USO with WTI puts, Corn with corn puts - you get the idea? Question from Tom B.:Is it the same cost over time to buy calls in ags or metals where the premium is to the upside as it is...
Mar 12, 2018•1 hr 7 min
Topics this week include: Emini Energy/Oil Gold Bitcoin Winners: KC Wheat, Soybean Meal Losers: Lumber, Lean Hogs Futures Options Feedback: Listeners have their say Comment from MJobain - Tell Erik he needs to do some research on bitcoin volatility. Comment from Luis J -Good show. Caught it on podcast. Checked out the VIX/Yield curve chart on CME website. I have to admit that looks like nonsense to me. Question from Scott Somer -Which products are closest to their 52 week highs in implied volati...
Mar 05, 2018•1 hr 6 min
Topics this week include: Metals/Gold Ags Oil Rates/VIX Futures Options Feedback: Options question of the week People are spooked about this market. Hedges are flying left and right. So the question remains: How are you hedging your portfolio right now? Metals: Gold, Silver, etc. VIX Calls / Volatility Index Puts (SPY, etc.) Bitcoin / Crypto Listener questions and comments: Comment from Scott Somer: Inverse leveraged commodity there are two, one on WTI DWT which ADV of 4.4 million shares, the ot...
Feb 26, 2018•1 hr 10 min
Topics this week include: eMini S&P WTI/Crude Gold Bitcoin Futures Options Feedback: What is on your mind? Question from Scott Somer: The question I have is, How is the call skew between the July 450 puts and the 550 calls in July Wheat? And how far does call skew get when the markets are in FULL WEATHER mode? Question from Chill Bill: Are there any inverse commodity volatility products?
Feb 19, 2018•1 hr 8 min
Topics this week include: Indices Crude Bitcoin Winners: Soybean meal, EuroDollar Losers: WTI, Heating Oil Futures Options Feedback: Listener questions and comments Question from Jill - What happened to S&P skew after this week's selloff? Comment from Volvic - Liked all the rates talk. More of that please. Question from El Nino3 - Are the skews between eMini, SPY and SPX all correlated? Question from McNuggins - Fun show! Maybe bring back the crazy trade of the week? Like the gold trade. Tha...
Feb 12, 2018•1 hr 7 min
Today's guest co-host is Agha Mirza, Global Head of Interest Rate Products for CME Group Inc. Topics this week include: Rates Indices Crude Futures Options Feedback: Listener questions and comments Question from Jackson - How is the new Fed chair being reflected in the rates products? Question from Alejandro - Can you guys do an overview of Rho and its impact on options in a rising interest rate environment? Is this something I should be concerned about?...
Feb 05, 2018•1 hr 6 min
Topics this week include: Soybeans Nat Gas Silver Futures Options Feedback: Options question of the week Bitcoin Futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? 27% - Buy 5% OTM Call 32% - Buy 5% OTM Put 16% - Sell 5% OTM Covered Call 25% - Just Short the Future Listener questions and comments: Question from Camper - Do you notice any interesting patterns in corn volatility skew ahead of crop planting or ...
Jan 29, 2018•1 hr 9 min
Today we feature Sean Smith, Managing Director of Derivatives Licensing & Exchange Data at FTSE Russell. Topics this week include: Looking back at the Russell 2000 in 2017 RUT up nearly 12% Interesting trends and developments Russell options breakdown from this week Bonus: RVX Crude Oil Ags Metals Futures Options Feedback: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would yo...
Jan 22, 2018•1 hr 6 min
Topics this week include: Nat Gas Oil Gold Futures Options Feedback: Questions and comments from listeners Question from DWayneh - How are nat gas collars setting up here? Comment from Houstorian - Today in 1901, the first major oil wells come in at Spindletop, south of Beaumont, marking the birth of the oil industry in Texas.
Jan 16, 2018•1 hr 4 min
Topics this week include: Our top 5 show from 2017 Crude Gold Bitcoin Futures Options Feedback: Listeners weigh in Question from Tim Haver - What's the cost for the premium version of QuikStrike? I like the free stuff that I play with during the show and I'm thinking about taking the plunge.
Jan 08, 2018•1 hr 6 min
Topics this week include: WTI Gold Bitcoin Futures Options Feedback: The final options question of the week for 2017. Our Final #QOTW for 2017 is an easy one. Quite simply: what is your enduring market memory/event/trend/etc. of 2017? Have a suggestion of your own? We encourage you to choose "Other" and send in your thoughts. We'll share the interesting ones on the network. Happy New Year! Death of Volatility/VIX Rise of Bitcoin The Unstoppable Bull Other: Reply/DM w/ideas Comment from Olivewana...
Jan 02, 2018•1 hr 6 min
Topics this week include: Bitcoin Crude Oil Gold Winners - RBOB, Platinum Losers - Feeder Cattle, Oats Futures Options Feedback: Listeners have their say Comment from TinySpec - @Options @QuikStrike1 @CMEGroup "Donald Trump might be long bitcoin! "?!?!?!?!? Question from MarkClydeBrant1 - Should CL be priced in BTC value of GC to strip out USD risk?...Can't wait to see the COT reports on BTC Commercial Shorts: BANKS. Comment from Ezpreso - Good bit on gold v #bitcoin from CME - openmarkets.cmegr...
Dec 26, 2017•1 hr 6 min
Topics this week include: Crude Oil Silver Bitcoin Futures Options Feedback: Listeners weigh in Question from Knack - Like the show with the QuikSkew updates. What's the best way for me to take advantage of that information? Should I be trading risk reversals? Question from B98 - I know straddle runs are big thing in the indexes. Don't hear them used much in the ags or metals though. Why's that?
Dec 18, 2017•1 hr 2 min
Topics this week include: Crude Gold Winners: Soybean Meal, Class 3 Milk Losers: Nat Gas, Oats Futures Options Feedback: Options question of the week The war for Bitcoin derivatives is heating up again. CME Group is launching #futures on 12/18. CBOE just announced a 12/10 launch date. Not enough? Nasdaq also announced futures with a planned Q2 2018 launch. With so many choices-How will you trade Bitcoin in 2018? CBOE Futures 12/10 CME Futures 12/18 Nasdaq Futures Q2 2018 "Old School" Bitcoin Lis...
Dec 11, 2017•1 hr 3 min
Today's CME hot seat guest is Matt Bradbard from RCM ALTS. Topics this week include: Crude Oil WTI Gold Winners - Iron Ore, Nat Gas Losers - Silver, Copper Futures Options Feedback Question from Lil Nic - Updates on CME #bitcoin futures? Question from Nick - Update on your covered put spread from 11/10?
Dec 04, 2017•1 hr 6 min
