EPISODE FIVE: The Penny Debate Rages On…
Options Insider Radio is Back! In this episode you will find:
HEADLINES
- ICE Stock Fluctuates While CME Grows Optimistic In CBOT Battle
- CBOE Announces Explosion in Retained Earnings for the First Quarter
- Credit Derivatives Market Doubles in Value, but Exchanges Still Struggle to Overcome the Credit Cabal
- U.S. Futures Exchange Launches Binary Options on CBOT Battle
- NASDAQ Looking to Gobble Up PHLX?
- Backdating Update: Former Apple Finance Chief Fined by SEC, but Steve Jobs May Be In the Clear.
EXPERT INTERVIEW
We are joined this episode by Tony Saliba, President & CEO of LiquidPoint, LLC. Tony is recognized throughout the industry as the only options trader to be featured in the seminal trading tome Market Wizards. When Options Insider Radio host Mark Longo could no longer find the time for his Options Observer column in Traders Magazine, Tony jumped in as the first guest columnist. The result was an interesting and highly controversial column sub-titled “”Why Trading in Pennies is More Trouble Than It’s Worth.””
In our Expert Interview segment, Tony & Mark discuss this column and why Tony believes penny pricing is negatively impacting the options market. If you are an options user, or if you plan to enter the options markets in the next few months, then you’ll definitely want to stay tuned for this segment.
LISTENER QUESTIONS
In this episode, we turn the spotlight on our members and answer a question from The Options Insider.com’s Discussion Center.
Discussion Center Member “”Jester”” wants to know:
“”What the heck is exercise backdating?””
“