The Advisors Option

Options 101: Collars Revisited. Inspired by a listener question, we review the collar strategy Question from Talos - I enjoyed your panel presentation on The Holy Grail of the financial markets with Randy Swan and Mike Cavanaugh. I realize this panel was from a few years ago. Have there been any updates with regards to data on collars? Are they still effective tools for advisors looking to mitigat...

Options 101: Futues Options Strategies Covered calls and protective puts Stock/Futures replacement strategy Vertical call spread Spreads with wings Other topics: Metals futures Energy Ags Volatility futures and options The Buzz: With experts questioning the 60/40 rule, advisors should consider incorporating alternatives.

Options 101: Today we feature guest host Russell Rhoads, author of Options Strategies for Advisors and Institutions . He discusses: An overview of your background in the options markets? Why did he feel compelled to write this book? Which core options strategies he focuses on in the book? What about the collar: The "holy grail" of advisor option strategies? Regarding the advisor audience. They are...

Tricks of the Trade: Today's guest co-hosts are Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments and David Beth, Co-founder, Wallacbeth Capital. They discuss: Has the low yield fixed income environment of the last few years squeezed premium collection trades? How has the low volatility environment impacted premium harvesting strategies? What can advisors do to boost i...

The Buss: Looking back at the Swan Advisor Conference What were some of the interesting takeaways, panels and developments from this conference? Visit the Swan Conferences website And the Swan Global Investments website The ugly from the Swan April newsletter: Coca-Cola is fighting 12 consecutive years of soda consumption decline. Its stock is at an all-time high. Tesla is "changing the world", an...

In this episode, Mark is joined by Marc Odo, Micah Wakefield, and Chris Hausman. They discuss their big take-aways from the conference, including: Good reception to the thoughts on the retirement conundrum Using options for safety and income generation The importance of discipline in risk management. (Have a plan!) How options have become more mainstream The importance of education Fragmentation a...

The Buzz: Today we are joined by Micah Wakefield, Director of Research and Product Development at Swan Global Investments . They discuss: A preview of the upcoming Swan Global CIO Conference. When it is? What is it? Who is attending? Who should consider attending future Swan events? Math Matters: Rethinking Investment Returns and How Math Impacts Results by Micah Wakefield IRA ban on options raise...

The Buzz: Today we have special guest Chris Hausman, Senior Trader & Chief Market Technician at Swan Global Investments. Chris is the author of "Do Market Anomalies Occur More Frequently Now?" They discuss: Normal distributions and when models blow up Five- and 10-sigma events What do financial advisors need to look for? How to be prepared Plus, options within IRAs Annuities More data from CBOE re...

The Buzz: Today's guest is Marc Odo, Director of Investor Solutions, Swan Global Investments, and author of " The Retirement Conundrum: Untying the Gordian Knot " Good, Bad, and Ugly Q4 2015 review: This has been the worst start of a trading year in history. Volatility is elevated across all products - from VIX to crude oil How does this current environment impact options trading? Is this a good t...

The Buzz: SEC to crack down on derivatives use in funds. Mutual funds face leverage caps under SEC rule on derivatives. Looking at the financial advisory business of tomorrow - Volatility skew. Tricks of the Trade: Looking Back at 2015: Top Options Trends/Stories for Advisors/Asset Managers Fallout over IRA use in options. Impact of rising volatility on options prices. Impact of fed rate hike on o...

Office Hours: Listener questions and comments Question from Peter D - Stocks are being hit by latency sensitive strategies like HFT. Is that happening in options as well? Should I steer clients to other products instead? Question from Batram - Thank you for the information you provide on your advisors option program. I have found it very useful in my business. I have evaluated multiple online plat...

Tricks of the Trade: An overview of leading options studies & options fund studies. New OIC Study Shows Increased Knowledge of Listed Options by Investors . Performance Analysis of Options-Based Equity Mutual Funds, CEFs, and ETFs Advisors Option 28: Breaking Down How Options Can Benefit Advisors 196 Funds That Use Options Had Lower Volatility and Higher Returns The Buzz: What's the Latest News? D...

The Buzz: Final days for comment letter on DOL IRA proposal. Office Hours: So many questions. Question from TLand66 -I would like to submit a question for the Advisors Option radio program. I have reviewed a wide variety of options products for my clients. Aside from large widely held products like SPY and QQQ, there seems to be a surprising lack of liquidity in many of the products that I researc...

The Buzz Segment: Today we are joined by Joe Corcoran, the Head of Government Relations at OCC. He discusses: An update on the Notre Dame study. A preview of the Nielsen study on financial advisors. OCC and U.S. Securities Market Coalition ask U.S. Department of Labor to allow use of listed options in retirement accounts. The links for Financial Advisors and investors to post comment letters for t...

The Buzz: OCC and U.S. Securities Market Coalition ask U.S. Department of Labor to allow use of listed options in retirement accounts. Wealth Adviser: Seeking clarity on derivatives in mutual funds. The skewed debate on Millennials.   Options 101: Lots of "Volatility of Volatility "recently. “Low VIX” is all over the financial media these days. But: What is implied volatility? What is the differen...

Options 101: Managing concentrated positions   What do you do if a client has a concentrated position? What if it’s a position in a company they manage/own? Options to the rescue! Protective puts Covered calls Collars The collar with a kicker The Buzz: What’s happening in the options world? Wealth Advisor Summit Robo advisors Digital technology for advisor What is notable is what is missing: optio...

Today, Mark is co-hosting with Randy Swan, Co-Founder, Swan Global Investments and Pat Stiefel, Director of Trading, Swan Global Investments Interview Segment: Mark, Randy and Pat are joined by Thomas W. Miller, Professor of Finance and Jack R. Lee Chair of Financial Institutions and Consumer Finance at Mississippi State University. He discusses The Performance of Options-Based Investment Strategi...

The Buzz: What is going on in the world of advisors? An overview of the OCC study (with Notre Dame and the University of Mississippi) on performance of options-based strategies versus long equity strategies on the nine stocks widely held in 401k plans. How Robo-Advisors will sink pretenders and propel true financial advisors. Investors must look beyond US assets - using options for international d...

Options 101:Paying for Protection The most common strategies we will outline are: basic put spreads, ratio put spreads, collars and a collar with a kicker (Swan-style). Listener Mail: Listener questions and comments Question from Rose Sparza - This question is for the advisors option program. I came across this article recently (http://www.valuewalk.com/2015/03/hedge-fund-jacob-whol/) and immediat...

Listener Mail: Listener questions and comments Question from Nancy N. - Would you recommend a covered call fund for a newcomer to options? How reliable is the income stream from these funds versus a typical dividend income-fund? What about put selling funds? Are these too risky for someone of my relatively advanced age and low risk tolerance? Thank you for this wonderful program. I am currently in...

The Buzz: The Chicago Board Options Exchange announced today the release and publication of a groundbreaking new study: "Highlights of Performance Analysis of Options-Based Equity Mutual Funds, CEFs, and ETFs." The study analyzed SEC-regulated investment companies (mutual funds, exchange traded funds (ETFs) and closed-end funds (CEFs)) that focus on use of exchange-listed options for portfolio man...

Looking Back on 2014: Misperceptions from 2014 - Despite "low" VIX options, volume still strong in 2014. Vol/VIX was too cheap. OTM call buyers did well. Ukrainian crisis in Q1/Q2 and market volatility in October were two primary drivers this year. The ongoing oil meltdown as well. What option strategies worked in 2014? Put credit spreads and "Wheel of fun." Takeaways from 2014 - Do not get marrie...

Advisors Option 25: Mystery of the Covered Strangle Options 101: Covered Strangles/Covered Combos What is it? Long stock, covered call, short put. Why do it? To collect more income than a standard call or short put. Why not do it? Increased margin requirement, you will increase your stock position to the downside. Note: Call and put should only be sold on strikes where you are comfortable buying/s...

It is all listener mail today on the Advisors Option, so let's dive in. Question from Luke Davis. Hi, I am wondering whether advisers are legally enabled to use any strategy that an individual might use in his own account. In other words, if I allow an adviser to invest a portion of my assets, may he use them for day trading, arbitrage strategies, etc.? I have heard of U.S. based un-registered adv...

Options 101: Options on Futures as a Diversification Tool Futures options strategies. Covered call & Protective puts both require underlying futures positions - Most advisors looking for diversification typically want bullish exposure to the underlying. Stock/Futures replacement strategies. Vertical call spread. Spreads with wings. The Buzz: Commodity Trading Advisors bounce back to post positive...