The Advisors Option

The Buzz: The Return of Volatility Redux Volatility is back again! What are your thoughts on the current volatility landscape? What should advisors be doing right now to manage this volatility and their client's expectations? What are you hearing from advisors right now? Financial Services Committee Unanimously Passes Hultgren's Options Markets Stability Act Will Bonds Protect in the Next Bear Mar...

Options 101: The Wheel Trade revisited Why: Get paid to enter the orders that you're already entering in the stock market. How: Substitute cash secured puts for your limit stock buy orders and covered calls for your stock sell orders. Benefit: Increase income revenue from your existing trade. The Buzz: What's the word? The Collapse of Lehman Brothers: A decade later. Takeaways, lessons and memorie...

Options 101: A review of the fundamentals Short Calendars What is it and why use it? Any other thoughts on the short calendar? The Buzz: What do informed advisors need to know? The Dow just registered its longest stint in correction territory in nearly 60 years- failing to move 10% above the closing low hit earlier in the year. The majority of fund managers expect the next recession to begin in th...

The Buzz: What do busy financial advisors need to know? Coffee with Cott from the Options Industry Conference. Earning Season and Options Trading ORATS Earnings Volatility Analysis Options question of the week: Trading options during earnings season can be challenging. Some live for it while others avoid it. Do you hold options positions through earnings announcements? If so, what is your approach...

Options 101: Calendar & Diagonals This strategy combines a longer-term bullish outlook with a near-term neutral/bearish outlook. Variations? Profit/Loss and breakeven Volatility, time decay and assessment risk Calendars vs Diagonals - when should you use one over the other? Using long dalendars during earnings The Buzz: What news do informed advisors need to know? OCC cleared contract volume incre...

The Buzz: Hot off the heels of the Swan CIO Summit Highlights included: Making Vol Great Again Perspectives on Risk Management A Strategy to Define Risk Where Hedged Equity Fits Many Optiosn with Options Office Hours: What do you want to know? Question from Allan Tullman - There was a lot of research last year regarding selling put options to harvest risk premium. Now that volatility is back is th...

Office Hours: It 's all listener questions today Comment from Avery - Interesting piece about when to fire your financial advisor on the street today. Your thoughts? https://www.thestreet.com/story/13747897/1/5-justifiable-reasons-why-you-can-and-should-fire-your-financial-advisor.html Question from B. Goldberg - I have a large number of SMAs with smaller balances (typically $5,000 - $10,000) from...

Tricks of the Trade featuring Special Guest Co-Host: Jon Cherry, Head of U.S. Options, Northern Trust - Capital Markets. Looking back at the recent tariff-induced market volatility. We've seen violent selloff and equally violent rallies. What are your thought on the recent market volatility? How can options be implemented on behalf of clients in these types of markets? The Buzz: What do informed a...

The Buzz: Looking back at one of the craziest weeks in market history. What are everyone's thought on the historic developments in the market last week? Specifically the VIX surge and SPX selloff. What was the outlook in the Swan offices last week? How did the DRS perform? What were ORATS clients asking about last week? Some thought about the value of hedging in these market environments? This wee...

Tricks of the Trade: Using options in retirement accounts. What are the limitations of trading options in a retirement account? What strategies can you utilize? Stock replacement strategy: what is it? Long-term stock replacement strategy with a covered call, aka fig leaf strategy. The Buzz: What do informed advisors need to know? 2017 turned out to be a pretty good year for options - even with no...

Options 101: Exploring Expiration Myths & Misconceptions What is expiration? Why do options expire? What do some of these scary terms mean, i.e. triple witching, and quadruple witching? How does expiration impact the Greeks? Myth busting: Is it true that options control the stock market on expiration Friday? Is max pain a real concept? Pinning/Pin risk: What is it? Why does it matter? How do you a...

Tricks of the Trade: What is the Fitness Function? How can an option-oriented advisor/asset manager use this? The Buzz OCC Cleared contract volume up 20% in October. Big names outperforming during earnings season. How to approach trading into an earnings announcement. Volatility and Market History in the Age of Trump . The Rise and Fall of Modern Portfolio Theory Office Hours: Listeners have their...

Tricks of the Trade: An overview of VIX settlement. How does it work? Can it be manipulated? The Buzz: FINRA Orders Wells Fargo to Pay $3.4M Over Volatility-Linked ETPs. Office Hours: Listener questions and comments Question from T_Aldo - Just came across this on the Advisor section of Investopedia. I found it somewhat alarming. What are your guys thoughts? Refers to article: The Best Options Trad...

Today's co-hosts are Marc Odo, Director of Investment Solutions, Swan Global Investments and Matt Amberson, Principal, Option Research & Technology Services. Tricks of the Trade: How do options fit into the active vs. passive debate? Active vs. Passive? It Doesn't Matter , by Marc Odo. How do you incorporate options into a "passive" portfolio? The Buzz: Advisors Sticking With Active Investments: P...

Co-Hosts: Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments. Aash Vyas, Director of Portfolio Strategy and Overlays, Swan Global Investments. Matt Amberson, Principal, Option Research & Technology Services. Carolyn Leonard, Former CBOE Member, Co-Founder - DyMynd The Buzz: Bringing women and advisors into the options fold - a look at IMCA, Boston Options Exchange & Dym...

Options 101: Gamma: Measuring the Changes in Delta What is the relationship between gamma and Delta? What are the properties of gamma? What is put-call parity? At the money options and gamma? Out of the money options and gamma? Time and gamma? The Buzz: The low volatility regime continues: 7 of the 11 days in the past 20 years where VIX has been below 10% have occurred since mid-May 2017. Two stud...

In this episode Mark is joined by co-hosts: Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments Aash Vyas, Director of Portfolio Strategy and Overlays, Swan Global Investments Mike Tosaw, RCM Wealth Advisors Ilya Feygin, Senior Strategist, Wallachbeth Tricks of the Trade: Selling options in a low volatility environment. What are some ways that advisors/asset managers can...

In this episode, Mark is joined by co-hosts: Chris Hausman, Portfolio & Chief Technical Strategiest, Swan Global Investments Aash Vyas, Director of Portfolio Strategy and Overlays, Swan Global Investments Matt Amberson, Principal, Option Research & Technology Services. Tricks of the Trade: Looking at Options Backtesting What is it? Options vs. Stocks: Why is it so difficult to backtest options eff...

Recorded live at the Swan CIO summit, Mark is joined by: Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments Aash Vyas, Director of Portfolio Strategy and Overlays, Swan Global Investments They discuss: What is the CIO Summit? What were the highlights of the Summit? Upside/Downside Capture The importance of education Are options becoming more mainstream? Harvesting risk...

In this episode, Mark is joined by co-hosts: Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments Aash Vyas, Director of Portfolio Strategy and Overlays, Swan Global Investments Ilya Feygin, Managing Director and Senior Strategist, WallachBeth Capital The Buzz: What are the hot topics in the world of financial advisors? A recap of the CBOE Risk Management Conference. Bewa...

The Buzz: What are the latest developments in the options market for advisors? Fiduciary rule, revisited. What does it mean? Will options be back on the chopping block? Why does the law of unintended consequences seem to hit options so often? The new white paper from Swan, " Where the DRS Fits in a Portfolio " How to fit options into portfolio allocation? What is the optimal asset allocation? Are...

Today, Mark is joined by co-hosts Chris Hausman and Aash Vyas from Swan Global Investments and Russell Rhoads from the CBOE Options Institute. The Buzz: The Dawn of a New Regime - how will it impact the markets? An overview of the STAC Regulatory Reform Session: the Choice Act, the Volcker Rule, migration of OTC derivates and DOL fiduciary rule. A breakdown of Inside ETFs Conference: What is it? W...

The Buzz: A rundown of CBOE RMC Asia conference with Russell Rhoads. What is it? Who attends it? What compelling options research came out of the conference? What is the asian perspective on volatility? #QuestionOfTheWeek: Financial advisors represent the last options frontier. What level of options knowledge do you expect from your advisor? None: I will do it myself Level 1: Buy Puts/Calls Level...

Options 101: Looking back at post-election volatility. How has it impacted the options market and your current trade style or outlook? Takeaways: Patient volatility traders won the day. Many options traders were on the sidelines in most names after-hours. Always watch out for skew. The Buzz: What do busy advisors need to know? Straight Talk on Put Options Funds go exotic with put-write options to...

The Buzz: What are the hot breaking topics in the world of options? Presidential Elections and Option Implied Volatility by Chris Hausman, Swan Global Investments. Is the market pricing in a Clinton victory? Have we already seen the peak of election volatility? How should a typical advisor/asset manager that writes covered calls, buys protective puts or trades collars adjust their strategies for t...