In this episode, hosts Mark Longo and Dan Passarelli (Market Taker Mentoring) delve into various listener-submitted questions and trading strategies. They talk about a listener's in-depth query on a put calendar trade with Johnson & Johnson and its associated risks, and another listener's covered call strategy dubbed 'Ultra Premium Harvesting.' The hosts also answer inquiries on the use case and risks involved in trading inverse volatility products like SVXY, and discuss the optimal products and strategies for trading precious metals like gold and silver. Additionally, they address a listener's request about visiting the studio and potential local meet-ups. 01:12 Welcome to Options Bootcamp 03:10 Listener Mail Call 03:57 Ben's Epic Treatise on Put Calendars 11:39 Michael K's Ultra Premium Harvesting Strategy 17:00 Exploring Inverse Volatility Products 20:21 Trading Precious Metals 23:21 Listener Annet's Chicago Visit 25:08 Conclusion and Upcoming Episodes
--------
27:31
--------
27:31
Options Boot Camp 349: Forget 0DTE...Let's Talk About L.E.A.P.S!!!
This episode dives deep into Long-Term Equity Anticipation Securities (LEAPS) and their strategic use, particularly in stock substitution strategies. Hosts Mark Longo and Dan Passarelli (Market Taker Mentoring) discuss the fundamental aspects of LEAPS, focusing on their sensitivity to volatility (Vega) rather than gamma, and explain how they can offer a more capital-efficient alternative to outright stock purchases. They elaborate on different strategies, such as using LEAPS for a synthetic covered call, or 'poor man's covered call,' to reduce the overall cost and risk. Additionally, they highlight the need for diligent management of these trades to avoid unwanted outcomes, like forced exercise of the option. 01:04 Welcome to Options Bootcamp 04:15 Basic Training: Learning Options Trading 07:52 Discussing Leaps: Long-Term Equity Anticipation Securities 16:57 Stock Substitution Strategy with Leaps 22:48 Poor Man's Covered Call Strategy 26:15 Conclusion and Next Steps
--------
28:44
--------
28:44
Options Boot Camp 348: Meme Stock Revival and the Princes of Options Darkness
In this episode of Options Boot Camp, Mark Longo and Dan Passarelli dive into a myriad of topics regarding options trading. They discuss educational resources available from the Options Insider Radio Network, followed by insights into current options market phenomena including meme stocks, a focus on Palantir and Circle options, and the risks and rewards of specific strategies like spreads and selling premium. They analyze listener questions on challenges facing options traders, including liquidity issues and execution problems. The episode wraps up with a tribute to Ozzy Osbourne, exploring his influence on music and the recent surge in pop culture relevance. 01:04 Welcome to Options Boot Camp 03:31 Listener Mail Call 04:51 Market Trends and Analysis 06:02 Meme Stocks and Short Squeezes 09:06 Crypto Market Insights 11:15 Options Trading Challenges 21:11 Audience Insights and Trading Preferences 21:43 The Case for Debit Spreads 23:24 Circle's Puts: Too Good to Be True? 28:49 Open: The Hot Meme Stock 31:45 Remembering Ozzy Osbourne 36:39 Upcoming Events and Final Thoughts
--------
39:26
--------
39:26
Options Boot Camp 347: Heisenberg, Rogue AI and More Forgotten Terms
In this episode, hosts Mark Longo and Dan Passarelli delve into a list of supposedly forgotten or underused options trading terms generated by Chat GPT. They evaluate and discuss each term, including box spreads, conversion reversals, put-call parity, skew, sticky strike versus sticky delta, jelly roll, gamma scalping, pin risk, synthetic positions, and more. The hosts determine whether these terms are truly forgotten or still relevant, sharing their opinions and personal experiences with each concept. The episode provides an insightful look at both historical and obscure options trading terminology. 03:27 Options Drills: Strategies and Techniques 04:15 Forgotten Options Terms: Listener Submissions 06:01 Evaluating ChatGPT's Forgotten Options Terms 20:56 Theta Gamma Trade-Off Discussion 23:01 Double No Touch Options 23:53 Jelly Roll and Forgotten Terms 24:27 Early Exercise Premium 25:11 Second Order Greeks 26:28 Zero Day Strategies and Back Testing 28:55 Put Ratio Back Spreads 30:36 Synthetic Positions and Volatility Smirk 31:35 Risk Reversal and Break Even Volatility 33:07 Dividend Risk and Sticky Vega 35:00 Calendar Butterfly and Forward Volatility 40:05 Vol Cones and Final Thoughts
--------
43:11
--------
43:11
Options Boot Camp 346: Boiler Rooms and SOES Bandits
In this episode of Options Bootcamp, hosts Mark Longo and Dan Passarelli delve into a series of forgotten trading terms submitted by listeners. Topics include terms from the movie "Boiler Room," scalping, stockbroker, SOES bandits, stock certificates, and more. They also discuss recent trading activities, such as the VIX July 17 puts and IBIT straddle trades. Listener questions about deep in-the-money options and thoughts on the new Pope from Dan’s neighborhood add a touch of humor and relatability. 01:04 Welcome to Options Bootcamp 02:31 Pro Trading Crate Giveaway 04:41 Listener Questions: Forgotten Trading Terms 20:01 The Nostalgia of Physical Stock Certificates 21:47 Forgotten Trading Terms: Round Turn 25:07 Listener Questions: Straddles and VIX Puts 30:43 Asset Class Predictions for the Second Half of the Year 35:30 Deep in the Money Options: Use Cases 37:55 The New Pope and Hot Dog Toppings 40:37 Closing Remarks and Upcoming Shows
Options Boot Camp is designed to help get you into peak options trading shape by teaching you options trading inside and out, basic to complex. Listeners can even submit their own options questions to be answered on the show.
Portugal