TWIFO 186: Bitcoin Breakdown and Equity Analysis
- HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
- CO-HOST: SEAN SMITH, MD OF DERIVATIVES LICENSING, FTSE RUSSELL
- CME HOT SEAT GUEST: TIM MCCOURT, MANAGING DIRECTOR AT CME GROUP, GLOBAL HEAD OF EQUITY PRODUCTS
ON TODAY'S EPISODE, MARK, SEAN AND TIM DISCUSS:
- MOVERS AND SHAKERS FOR THE WEEK.
- TOPICS FEATURED INCLUDE CRYPTO, EQUITIES, WTI AND COPPER.
CRYPTO
- THE LAUNCH OF BITCOIN OPTIONS
- DISCONNECT BETWEEN BITCOIN FUTURES VOLUME AND BITCOIN OPTIONS VOLUME
- FACTORS DRIVING THE RECENT UPTICK IN BITCOIN OPTIONS VOLUME - 48 CONTRACTS TRADED ON MONDAY
- CME'S PLANS TO GROW BITCOIN OPTIONS VOLUME
- ARE THERE PLANS FOR A MICRO/MINI BITCOIN CONTRACT TO DRIVE MORE RETAIL ADOPTION?
- WHEN CAN WE STOP QUOTING BITCOIN VOLUME IN NOTIONAL VALUE?
EQUITIES
- VIX: 15 - DOWN 2.3 FROM LAST SHOW
- VVIX: 91.3 - DOWN 10 FROM LAST SHOW
- RVX: 16.5 - DOWN 2.75 FROM LAST SHOW
- VIX/RVX SPREAD - APPROX. 1.5 - .5 TIGHTER THAN LAST SHOW
- OVERVIEW OF CME EQUITY OPTIONS COMPLEX IN 2019 - HIGHS AND LOWS, VOLUME TRENDS, DEVELOPMENTS, ETC.
- FACTORS DRIVING THE INCREDIBLE ADOPTION OF EQUITY MICRO FUTURES. ANY PLANS FOR MICRO OPTIONS?
- THOUGHTS ON CURRENT EQUITY VOLATILITY LANDSCAPE AND HOW PANDEMIC FEARS ARE IMPACTING VOLATILITY/VOLUME.
WTI
- DIPPED BELOW $50 THIS WEEK - FIRST TIME IN MORE THAN A YEAR
- NOW OFFICIALLY IN A BEAR MARKET - NEARLY 25% OFF ITS 52 WEEK HIGH OF $66.60 FROM APRIL 2019
- WTI CRUDE HAS DECLINED 20% IN THE PAST MONTH, AND IT COULD SHED ANOTHER 10%, BASED ON HISTORY.
- WHEN CRUDE OIL FALLS BELOW $50, IT TENDS TO STAY DOWN, AND A NEGATIVE TREND IN THE S&P 500 FOLLOWS.
- OPEC & RUSSIA CONSIDERING EMERGENCY PRODUCTION CUTS - WILL THAT BE ENOUGH?
COPPER
FUTURES OPTIONS FEEDBACK
- QUESTION FROM DEMOCAT: ARE THERE ANY PLANS FOR MINI (MICRO) RUSSELL OPTIONS?
- QUESTION FROM ELLIE: ARE THERE STILL SIZE LIMITS ON HOW MANY EMINI S&P FUTURES YOU CAN TRADE ELECTRONICALLY ON GLOBEX?
- QUESTION FROM BELDEN: WHAT ARE THE PLANS FOR THE ETHER REFERENCE RATE GOING FORWARD?
