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Options Trading Concepts Live - October 9, 2025 - Bulls vs. Bears Clash as Traders Navigate Volatility
Manage episode 512631627 series 68544
In today's session, traders analyzed market movements as equities faced selling pressure with the S&P 500 down 20 points and NASDAQ down 65. Despite the red day, volatility remained relatively contained with VIX only up 40 cents, still under 17. Mike presented a Google diagonal spread, betting on a pre-earnings rally with a December call and October 31st short option for a $760 debit. Jermal highlighted Ethereum's underperformance versus Bitcoin with a bullish ZEBRA trade costing $576, while another trader demonstrated a similar diagonal spread approach for $441. Katie discussed natural gas seasonality with a synthetic jade lizard/dynamic width iron condor collecting $510, eliminating upside risk while maintaining downside protection ahead of winter months. The team noted gold's significant selloff, creating potential trading opportunities, while discussing correlation risks if multiple asset classes continue declining simultaneously. They emphasized monitoring VIX and volatility futures curves as key indicators for determining market direction rather than reacting to minor pullbacks.
1645 episodes
Manage episode 512631627 series 68544
In today's session, traders analyzed market movements as equities faced selling pressure with the S&P 500 down 20 points and NASDAQ down 65. Despite the red day, volatility remained relatively contained with VIX only up 40 cents, still under 17. Mike presented a Google diagonal spread, betting on a pre-earnings rally with a December call and October 31st short option for a $760 debit. Jermal highlighted Ethereum's underperformance versus Bitcoin with a bullish ZEBRA trade costing $576, while another trader demonstrated a similar diagonal spread approach for $441. Katie discussed natural gas seasonality with a synthetic jade lizard/dynamic width iron condor collecting $510, eliminating upside risk while maintaining downside protection ahead of winter months. The team noted gold's significant selloff, creating potential trading opportunities, while discussing correlation risks if multiple asset classes continue declining simultaneously. They emphasized monitoring VIX and volatility futures curves as key indicators for determining market direction rather than reacting to minor pullbacks.
1645 episodes
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