The Options Insider's exclusive coverage of the 2012 OIC Conference continues with the final keynote address delivered by Peter Ricchiuti, Economist/Humorist and Professor at Tulane University.
The Options Insider's exclusive coverage of the 2012 OIC Conference concludes with the closing remarks and the passing of the hammer.
Our exclusive OIC 2012 audio coverage continues with Options Insider Founder Mark S. Longo's compelling panel – The Holy Grail of The Options Market. This session explores the often tumultuous relationship between financial advisors, asset managers and the options market. What are the major stumbling blocks keeping advisors from adopting options? Why aren't more asset managers using options to hedge their portfolios or generate income? We explore these topics and many more on The Holy Grail of The Options Market.
Trading Block: Apple lurking near $600 again before earnings. RIMM in the toilet and ended up blowing past weekly ATM straddle after all. Ford also taking a beating. June numbers are out and options volume down 13% overall from last year. Avg. daily volume down 8.47%, equity option volume down 13%, and overall equity options ADV down 9%. OCC announced that cleared contract volume reached 329,891,797 in June, dividend trades made up 3.8% of industry volume in June 2012, almost 15% of PHLX's options volume came from dividend trades, about 7% for NYSE ARCA. New exchanges in the mix – NASDAQ launched OMX BX options. ISE files for second exchange license. Floor traders suing CME.Odd Block: Interesting and unusual activity in Material Select Spider (XLB) and McMoran Exploration Co. (MMR).Xpress Block: John Grigus holds down the OX seat and talks about this slow week. Watching the move in crude oil. Tomorrow starts the website release training courses. A walking limit and other new features to the site coming out soon. Around the Block: A slow holiday week. Be careful on the short gamma in the next four days. Chinese internet stock is very cheap. Non-farm payroll on the horizon
Recorded live at the 2012 OIC Conference, Mark sits down with Ed Provost, Executive Vice President & Chief Business Development Officer at the CBOE
Trading Block: Supreme Court decision roils the market. Are we taking the weekend out of the VIX already? 30 year mort. at 3.66%. JP Morgan hedge loss expected to be $5B, perhaps up to $9B. RIMM, Nike, and Family Dollar reporting numbers after the bell. Odd Block: Interesting and unusual activity in Universal Health Services (UHS) and O’Reilly Automotive, Inc. (ORLY).Xpress Block: Sean Fitzgerald discusses some of the activity at OX today that wasn't about healthcare. The Google IO, announces a iPad-like product, the Nexus 7. Strategy Block: Andrew discusses short term theta plays, like iron flies in Apple.Around the Block: Mid-week holiday playing into weekend decay? Keeping an eye on crude oil. Personal spending and Michigan sentiment on the horizon.
Trading Block: Midday selloff continues following post-weekend/selloff vol pop. EU summit concerns with Spain requesting EU aid for their banks, and Cyprus requesting an EU bailout. Last week most active ever for VIX futures. New home sales hit a two-year high last month – 369,000 new homes vs, 346,000 expected. Oil continues to fall, right into the teeth of summer driving season. Everyone waiting on Supreme Court healthcare vote. Odd Block: Unusual and interesting activity in Men's Warehouse (MW) and Motorola Solutions (MSI). Xpress Block: John Grigus sits down and discusses the news that Amex will be bringing back their binary options. Higher corn and grain prices due to a lack of rain in the midwest. Listener Mail: Email from George KAround the Block: Keeping an eye on the Supreme Court healthcare vote and the EU meeting later this week.
Taped live at the 2012 OIC Conference, Mark and Tony cover all the hot-button issues of the day.
The best of Volatility Views begins with a great interview with Robert Engle.
Trading Block: A bit of a blood bath today after Goldman recommended shorting the S&P. A lack of VIX movement compared to a big 30-handle selloff. Moody's to downgrade up to 15 banks after the close just piled on the bad news for today.Odd Block: Interesting and unusual activity in Idenix Pharmaceuticals, Inc.(IDIX).Xpress Block: Returning panelist Alex Jacobson takes the OX hot seat and discusses the "non-reaction" to today's down market. Strategy Block: Uncle Mike Tosaw discusses contract selection and how it important it is have the correct contracts. Around the Block: Maybe the weekend effect will play with the VIX and we may see the beginning of a rally. Short the VIX, long SPX. Keeping an eye on the Ford Dec 11's and bond yields.
The Options Insider's coverage of the 2012 OIC Conference continues with "Advanced Cyber Threats & Countermeasures"
John Hague of McGladrey & Pullen LLP, discusses "Regulatory, Auditing and Accounting Changes That Affect the Financial Services Industry – A Practical Discussion"