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Category Archives: Options

Options news updates from John Lothian News.

Think Soros Is Right? Traders Chase 76% Returns Shorting Europe Standard

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Lead Stories Think Soros Is Right? Traders Chase 76% Returns Shorting Europe Yakob Peterseil – Bloomberg Listed structured products help juice bets on stocks, forex; Double-digit coupons also possible for bears on euro project George Soros says the euro area is in “existential danger” — and the world’s biggest banks are flogging a flurry of products to parlay his warning into tantalizing returns. /jlne.ws/2sFINjH ****JB: I feel like a comment including Roseanne Barr should go here but I have been advised it is still too soon. Wall Street Hunkers Down for Summer of Rising Volatility Natasha Doff and Sid Verma…

New Research Shows European Demand For U.S. Equity Options Remains Strong Standard

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Observations & Insight For 2018 monthly exchange market share information, click here.   Lead Stories New Research Shows European Demand For U.S. Equity Options Remains Strong OIC The Options Industry Council (OIC), an industry resource funded and managed by OCC, the world’s largest equity derivatives clearing organization, today announced the results of the study, European Demand for U.S. Exchange-Listed Equity Options 2018, conducted by Burton-Taylor International Consulting and commissioned by OIC. The Burton-Taylor study found that European investors account for approximately nine percent of total U.S. exchange-listed equity option order flow and that the magnitude of their U.S. equity holdings…

VIX Lawsuit; Volumes; Dash Video Standard

Observations & Insight Dash CEO on Buy-Out and SEC Fee Pilot JohnLothianNews.com In March, Dash Financial Technologies co-founders Peter Maragos and David Karat, in partnership with the private equity firm Flexpoint Ford, acquired Dash in a management-led buyout. In this video, Dash CEO Maragos describes the thought process behind the buyout, the outlook for the firm’s equities and options businesses, and issues with the SEC’s proposed fee pilot. Watch the video here » ++++++ Friday’s Miscellany President Trump teased the jobs report in the early morning, tweeting: “Looking forward to seeing the employment numbers at 8:30 this morning.” Princeton Economics…

No rejoicing yet over Volcker ; Options liquidity concerns Standard

Observations & Insight Vela’s Plans Post-Acquisitions JohnLothianNews.com In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Vela CEO Jennifer Nayar talks about where the company sees opportunity after its acquisition of OptionsCity and Object Trading in the summer of 2017. Watch the video here » ****SD: Other Vela news this week – Alexandria McGrath of Vela recognized as a Rising Star; CEO Jen Nayar also named Woman of the Year by Markets Media Lead Stories Why Wall Street Traders Aren’t Rejoicing (Yet) Over Volcker Rule Yalman Onaran – Bloomberg Wall Street has long derided…

Volcker Rule expectations tempered; Cboe’s VIX volume problems Standard

Observations & Insight Volatility Views 306: Setting Things Straight on VIX Manipulation (AUDIO) The Options Insider Today’s guest is Tom Lee, Managing Director at Investment Strategy and Research at Parametric. bit.ly/2LLhJsa ****SD: Skip to the ~7 minute mark for the start of VIX settlement talk. Main points: 1) lots of participants in VIX futures don’t hold through settlement “messiness” (as Lee calls it), 2) this pertains to a very small window of time and should not be viewed as an indictment of the overall VIX complex or its underlying SPX options and 3) Mark Sebastian said the Cboe should think…

Italian market chaos; Vix-mageddon revisited Standard

Observations & Insight The Spread – Week of 5/21 to 5/25 JohnLothianNews.com Reviews of “The Spread” are in! “You look better in blue.” – Host’s mom “I guess I like it – I just don’t understand what you’re talking about.” – Old college friend “I prefer the book.” – Random millennial “It’s better than most other stuff.” – Biased observer Watch the video and see the stories referenced here » ++++++ Markets Convulse as Italy Is Seen on Course for New Elections Anooja Debnath, Chiara Remondini and Stephen Spratt – Bloomberg Sovereign bonds, stocks decline after erasing opening rallies; President…

Volcker Rule Revamp; Turkish FX Issues Standard

Observations & Insight The Options Industry Leader Series 2018 – MIAX’s Shelly Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Shelly Brown, MIAX executive vice president, strategic planning and operations, talks about launching MIAX Emerald, its new SPIKES volatility index, and MIAX’s equity ambitions. Watch the video here » ++++++ Happy Friday It is a bit of slow day for options news, it seems. As such, here’s a few of the stories from the week that caught our attention (and will likely show up in this…

Goldman Sachs desk’s huge Feb profit; Eurodollar options bet pays big Standard

Observations & Insight Trump cancels Kim summit amid North Korea ‘hostility’ BBC US President Donald Trump has cancelled a planned summit with North Korean leader Kim Jong-un. /goo.gl/MKxJQS ****SD: Bu-bu-but the White House already released the commemorative coin!?! ++++++ Options Exchange Landscape and Misc. Notes It’s time for another fun slide from Trade Alert President Henry Schwartz’s “State of the Industry” presentation at the Options Industry Conference. This slide lays out the pricing structure of the soon-to-be 16 options exchanges and those structures’ respective marketshare. MIAX’s Shelly Brown discusses that 16th options exchange, Emerald, in an Options Exchange Leader Series…

FX volatility hopes; $100 a Barrel Oil Wager Standard

Observations & Insight The Options Industry Leader Series 2018 – NYSE’s Ivan Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Ivan Brown, NYSE’s head of options, talks about launching options on the FANG+ index, implementing a complex price improvement auction mechanism, and the resiliency of U.S. options markets. Watch the video here » ****SD: See the press release in our “Exchanges” section for more on the FANG+ offering. ++++++ Italy Rout Wipes Five Billion Euros From Bond Futures Market James Hirai – Bloomberg The sell-off in…