Options-Insight

$VIX products is one of the topics we cover in our Live Advanced Options Course coming up this weekend on November 11th (9am - 1:30pm ET). We also cover portfolio hedging and crypto options plus our proprietary vol dashboards.

Here's the link to sign up:

Advanced Training Course – Options Insight If you’ve lost money with options in the past, it’s not your fault. Nobody wants to give you a straightforward breakdown of the advanced options strategies to improve your odds of making money.

It's been some time since we hosted an Advanced Options Trading Course - now scheduled for November 11, 2023. 9am - 1:30pm ET. Seats are limited.

Book you spot here:

Advanced Training Course – Options Insight If you’ve lost money with options in the past, it’s not your fault. Nobody wants to give you a straightforward breakdown of the advanced options strategies to improve your odds of making money.

⏳ You have less than a week to get one of the last spots for the Live Options Trading Beginner Course with Imran on September 13, 2023, starting at 9AM ET. Seats will remain discounted through Sunday.

Imran's Live Beginner Course is your best path forward if you're serious about trading options.

Learn more:

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Our next Options Trading Bootcamp is less than 2 weeks away - August 5 & 6, 2023.

Join us for 2 days of immersive training that will help you master the art of trading options. We will also have a special guest (Brent Kochuba ) join us on Sunday, August 6th for some practical options trading Q&A.

The Options Insight Bootcamp countdown is on!

Our next Options Trading Bootcamp is only a couple of weeks away - August 5 & 6, 2023.

Join us for 2 days of immersive training that will help you master the art of trading options. We will also have a special guest (Brent Kochuba ) join us on Sunday, August 6th for some practical options trading Q&A.

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Tech stocks have rocketed in the face of rising yields, but can ARKK catch up?

Or is there a potential fall in sight for Ark Invest’s flagship ticker?

Let’s look at some possibilities in this peek at today’s Macro Options Daily ☟

Using ARKK to Navigate the Risks in Tech Stocks & Interest Rates – Options Insight ☞ Scroll to the bottom of this article right now to start your FREE 1-Month Trial to Options Insight ASAP! __________________________________________________________________________________________

Private 'One-on-One' options coaching with Imran Lakha is now available.

We have received numerous requests for this over the past few months and are happy to now make this service available to everyone. Enjoy!

One-on-One with Imran – Options Insight

⚡Small Caps Surge: Call Volume & Crowded Mega-Tech Rotations 📈

The gap between small caps (IWM) and big tech (QQQ) performance has been jaw-dropping.

But are small caps gearing up for a rally?

As the tech trade has become more crowded, IWM Call volume spiked.

Take a look☟

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☞ Please enjoy this sneak peek at some of the research you receive as a sub to our Macro Options Daily product.

☞ Scroll to the bottom of this tweet right now to start your FREE 1-Month Trial to Options Insight ASAP!

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📊 Small Caps (IWM) vs. Big Tech (QQQ): Astonishing Underperformance

σ As regional banking struggled, this made the Russell unapproachable for many.

Leading to significant rotations back to mega-cap tech and away from cyclical.

🚀 Further spurred on by the ongoing AI optimism and robust earnings.

Which now appears overcrowded.

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📞 IWM Call Options Spike: Relief Rally on the Horizon? 🌅

σ Interestingly, a recent surge in IWM call options activity suggests traders may anticipate a relief rally.

Which would likely come following a debt ceiling deal of sorts.

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🔄 CTA Positioning: Poised for Short Squeeze?

σ CTA positioning has turned extremely short due to the ongoing downtrend.

A short squeeze might be brewing, but better news from banks and Washington is needed to break the deadlock🔓.

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⚠️ Implied Vols: IWM Resilience Since March

σ Understandably, implied vols in IWM have outperformed other major US indices since March.

🔍 Meaning, it's a perfect time to keep a close eye on small caps and mega-techs as these market dynamics continue to unfold.

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➠ Get more color on this in the attached clip from today's Macro Options Spotlight

➠ Want to know what our Volatility Dashboard for RTY is telling us?

Watch today's full Spotlight video on the Options Insight YouTube Channel ↴

Market Whiplash! 📊 | US Rallies, China Stumbles, & Commodity Chaos | Macro Options Spotlight | May 18, 2023

https://youtu.be/hN52RdNgk1w

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➠ Still curious about the details of our IWM trade idea?

Our Spotlight videos on YouTube only give you a part of our daily research.

🤑 And we often leave out the juiciest details, like trade ideas.

But, right now, you can get ALL of our research for completely free by using the code RV2023 at checkout.

➠ Just you the link below, select your product of choice, navigate to check out, and enter RV2023 ↴

https://options-insight.com/products/

Then you'll be all set for an entire month of free macro research and trade ideas sent directly to your inbox.

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🙏 Thank you for making it this far.

Let me know your thoughts and/or questions about this action in the small caps in the replies.

And if you found this helpful, hit that "like" button and share it with fellow traders!

It helps push the content to more people🤝

Cheers! 🫶

Products – Options Insight A roundtable where seasoned traders share their experience and unique insights into where markets have been and where they might be going.

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Macro Options Spotlight | April 28, 2023

Market Optimism Soars on Earnings but Amazon Stumbles on Weak Guidance

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I've been reflecting on the world of trading/investing lately...

It feels like a world of untapped potential is slipping through the fingers of many

OPTIONS.

I know they seem super complicated, but believe me, the reward is worth the journey

& we're here to be your compass ☟

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σ Options trading tends to be overlooked by most as they often gravitate towards financial products that are more linear thinking.

We're accustomed to trading assets with binary outcomes, such as stocks that simply rise or fall.

This approach, while functional, barely scratches the surface of your investing potential.

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σ In contrast, options trading takes us into a fascinating, multi-faceted dimension of investing and trading.

We leave behind the flat, two-dimensional world of trading and step into a vibrant 3D universe.

Teeming with opportunities previously concealed from view.

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σ Options not only allow you to profit from price movements but also to harness the power of volatility and time decay.

They provide you with the flexibility to hedge your investments or generate additional income.

Regardless of market conditions.

It empowers you to construct strategies tailored to your risk appetite and unique financial goals.

Embracing options trading is akin to acquiring a new set of lenses that reveal the hidden intricacies of the financial world.

It's an invitation to venture beyond the familiar and explore uncharted territories with untapped potential.

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σ Now, you might may still not think the juice is worth the squeeze when it comes to learning how utilize options.

But, let me tell you:

Embracing the complexities of options trading can unlock a massive window of opportunities.

And the best part?

We are committed to breaking down all of the technical concepts in a way that's easy to digest and understand.

From A to Z.

I truly believe that the ability to simplify complex topics is an underrated skill, and it's one that we are passionate about honing.

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σ We pour our time and effort into creating content with practical examples and daily live calls that demystify options trading & make it accessible to anyone willing to learn.

Attached to this tweet, I'm also sharing the performance of Options Overlay Portfolio.

Keep in mind that the % returns I've achieved are based on utilizing only 15% - 20% margin.

With a 7.57% return since inception in early 2022.

And the cherry on top?

I'm eager to teach you my methods and strategies.

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σ So, if you're curious about expanding your trading horizons, I invite you to join me on this journey.

Let's explore the fascinating world of options trading together and unlock those hidden opportunities that are just waiting for us to seize every week!

Remember, the power to change your financial future is in your hands.

With the right guidance and support, you too can master the art of options trading and experience its incredible potential.

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➠ Are you ready to take the leap?

We are here to help you every step of the way

Let's do this!

➠ In just two days, we'll be holding our first Options Trading Bootcamp of the year.

April 29-30

➠ A virtual deep dive into the world of options, with a syllabus & teaching to strengthen your options game no matter your experience level.

There's no better time to learn how to profit from volatility than right now.

➠ We, unfortunately, have a limited amount of attendees allowed on the call at once & registration closes at market close tomorrow!

So click the link below to register ASAP ↴

https://options-insight.com/bootcamp-purchase/

Macro Options Spotlight | April 27, 2023

Futures Surge Following META Earnings Beat as AI Stocks Dominate

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Macro Options Spotlight | April 26, 2023

and Get a Reality Check Amidst Macro Overhang.

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Our tweet from earlier highlighted dynamics around 0DTE strategies, hedging, & where these are headed in the future

Most importantly, what it could mean for markets.

Want to learn how to do this type of analysis?

Watch the video & click the link ASAP↴

The Only Options Course You'll Ever Need | Q2 2023 Options Trading Bootcamp The Only Options Course You'll Ever NeedQ2 2023 Options Trading Bootcamp | April 29 & 30, 2023*Reserve your seat for Options Insight's Options Trading Bootca...

Super excited about running our 1st Options Insight Bootcamp for 2023. This is my passion having educated thousands of investors and bankers from all over the world. There are a few seats left.

Sign up here: https://options-insight.com/bootcamp-purchase/ 💚🙏

Options Insight - Options Trading Bootcamp Take a 2-day deep dive into the world of options with master options trader, Imran Lakha.

Good morning everyone! Insight into today's Macro Options Daily note ⤵️. Best of luck out there today! $UNG

Did you watch our Q2 Roundtable featuring 42 Macro, SpotGamma, & over the weekend?

If you're still slacking, here's a highlight from the fantastic conversation 🔥🔥

Darius asks Brent about the institutional use of 0DTE options & the future of these strategies ☟

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☞ Watch the attached clip to hear the answer straight from


☞ WATCH FULL Q2 ROUNDTABLE DISCUSSION NOW!

Recession? Credit Crunch? What's Next for 2023? |
Q2 Roundtable with the Macro Avengers ↴

https://youtu.be/Rm5HlRxsDaA

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σ

recognizes that a large chunk of institutional money management has flooded into using 0DTE instruments as a way to hedge assets.

So, Darius questions...

🤨 Are we going to see a return to term hedging and a natural bid for skew in markets?

If so, like, what's the catalyst for that?

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σ Here is Brent from

's thoughts...

Brent highlights the growth of zero DTE strategies in Q4 and their stabilization since then.

Suggesting that they've likely maxed out.

Brent goes on to say he thinks 0DTE worked well for idiosyncratic risks - like hedging the CPI number or FOMC announcements.

🏦 But when faced with more systemic risks, like the recent bank crisis, the demand for longer-dated options spiked.

And the percentage of 0DTE subsided.

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σ Brent says this 0DTE phenomenon has everyone is partying today without worrying about tomorrow.

But when real risks emerge, there will be an initial washout.

🤯 With retail investors who are consistently short on these strategies getting blown out by the Vega trade.

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➠ There's tons more to unpack in this unparalleled conversation.

👀 Keep an eye out for more insights from your trusted Macro Avengers, and go watch their full Q2 Roundtable right now!

➠ Recession? Credit Crunch? What's Next for 2023? |
Q2 Roundtable with the Macro Avengers ↴

☞ https://youtu.be/Rm5HlRxsDaA ☜

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➠ Want to page from

and learn how to better decipher options markets and analytics to enhance your trading?

We've got exactly what you need.

➠ We'll be holding our first Options Trading Bootcamp of the year on April 29-30.

The last options course you'll ever need.

➠ A virtual deep dive into the world of options, with a syllabus & teaching to strengthen your options game no matter your experience level.

There's no better time to learn how to profit from volatility than right now.

➠ We, unfortunately, have a limited amount of attendees allowed on the call at once, so click the link below to register ASAP ↴

https://options-insight.com/bootcamp-purchase/

Recession? Credit Crunch? What's Next for 2023? | Q2 Roundtable with the Macro Avengers Recession? Credit Crunch? What's Next for 2023?Q2 Roundtable with the Macro Avengers | April 21, 2023Get a Free Month of Options Insight Right Now when you u...

For all who are interested in an Options Trading Bootcamp, save the date - April 29 & 30, 2023.

You can also pre-register now to guarantee your spot. 💚
https://www.options-insight.com/bootcamp-pre-register/

Macro Options Overlay Spotlight | April 3, 2023

Suprise OPEC+ Production Cut Announcement Spikes Oil Prices | Macro Options Spotlight Suprise OPEC+ Production Cut Announcement Spikes Oil PricesMacro Options Spotlight | April 03, 2023Get a Free Month of Options Insight Right Now when you use...

Macro Options Overlay Spotlight | March 31, 2023

Nasdaq Flips Into Bull Market Territory, but Bears Remain Cautious | Macro Options Spotlight Nasdaq Flips Into Bull Market Territory, but Bears Remain CautiousMacro Options Spotlight | March 31, 2023Get a Free Month of Options Insight Right Now when ...

(S&P 500) LOSING ITS ANCHOR @ 4065?

A couple of weeks ago, we predicted the market would drift higher into today's .

As dealer long exposure @ 4065 acts as a magnet, pulling IV down hard with it. VIX collapsing from 25 to

➠ IS BUYING OPTIONS A WASTE OF MONEY?

People often claim you don't make money buying vol & exclusively buying options is a sure way to light your money on fire.

But if you know how to manage them effectively, there's absolutely money to be made. Here's a seasoned trader's perspective☟

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➠ UNLEASHING THE POWER OF OPTIONALITY💥📈

σ Most options expire worthless, but does that mean buying them is a bad idea?

With 20+ years of options trading experience, I believe that understanding option premium behavior can help you harness the power of optionality for immense benefits.

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➠ KEYS TO SUCCESSFUL OPTIONS TRADING 🔑

σ With all the recent craze, these shorted dated options being purchased have frequently amplified intraday choppiness and sticky price action.

Making buying options seem unappealing.

But the key to success lies in understanding how option premiums evolve over time.

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➠ THE ART OF TIMING 🕰️⏳

σ First, we must accept that when you buy a & the underlying plummets, kiss that premium goodbye!

Same goes for a bought on after a 5% drawdown & spike.

You won't see that premium again.

Timing is everything!

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➠ SNIPER-LIKE APPROACH 🎯

σ Holding options till maturity?

Good luck!

You are fighting an uphill battle, where you must nail the market direction & fight time decay eating your gains

So you could be right but still lose money!

And being right but losing money is easily the worst feeling in trading options.

So what's the blueprint to avoiding this?

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σ Buying options profitably requires a sniper-like approach.

Get in & get out quickly.

Options offer leverage, allowing you to spend a small premium for potentially massive returns if you catch a big move.

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➠ GENERATING ALPHA 📊🛡️

σ When done correctly, buying can generate alpha through superior risk-adjusted returns.

Options are also used for hedging as money managers often use put options to protect their portfolios from macro shocks.

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➠ EVOLVING WITH THE MARKET

σ Success with options requires evolving with the market.

As the average duration of volatility spikes shrinks, the window of opportunity to monetize hedges narrows.

Creating challenging dynamics for long volatility funds & reduces demand for options.

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➠ SEIZING OPPORTUNITIES

σ However, this reduction in demand has also led to lower implied volatility prices.

Presenting opportunities for those willing to spend the premium.

Having options can be a valuable addition to your investment portfolio in today's increasingly uncertain world.

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➠ LEVERAGE YOUR CAPITAL WITH OPTIONS 💸📈

σ In conclusion, buying options isn't a waste of money IF you know how to leverage them effectively.

Understand premium behavior, act quickly, and evolve with the market to make the most of your options trades.

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Have questions for me about your option strategies?

Let me hear them in the replies!

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➠ Has this inspired you to take your options education more seriously?

If so, we've got the perfect options trading courses for you in partnership with some of our favorite people in finance!

σ For true beginners, head to Real Vision Academy for the perfect options primer - in laymen's terms!

σ Are you ready for a bit more? SpotGamma 's 3-part series, The Hedge, is the place for you.

Head over to their respective sites right now to check them out!

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Thank you for making it this far. 🙏

If you enjoyed the info, please leave a reply, as it helps the push it to more people.

Thus helping more people learn about options.

Cheers! 🫶

Are and vol markets hinting at a long-term trend? The liquidity taps are increasingly expected to flow in full force later this year. Putting the spotlight on owning the upside tail.

Keep reading as I unravel this intriguing phenomenon...

In this week's Crypto Roundup☟☟

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σ realised vol dropping back below 60 as 29k resistance held, and spot stayed within a range.

realised has also fallen but is once again slightly above BTC on a 10d basis.

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σ Implied vols have converged with realised

Taking carry to near zero in both BTC and ETH.

We suspect realised vol will continue lower, and implieds will hold up.

Allowing some positive carry to come back into the front end.

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σ Waiting to see if crypto markets can establish a range into month-end.

Then possibly sell some optionality into Easter.

If and when the 29k resistance breaks, we think this is likely to drive vol higher again.

As the picture will look more bullish from a standpoint.

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☞ More details in this week's Crypto Options Weekly note to subs ☜

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σ BTC and ETH term structure both flattening back down from inverted states as gamma gets sold on lower realised.

ETH/BTC vol spread shifting back up a few points.

ETH realised takes back the baton but remains uninspiring.

A break of 29k would trigger even more outperformance.

But as the level failed to break so far, vols are mean reverting.

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σ Skew recovered for puts as markets turned south and breakout hopes died down.

Short-dated skew has repriced the most.

Flipping back into put premium for weekly BTC options.

But the bid for calls progresses as you move out the term structure.

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σ skew is almost entirely back to put premium except for the longest maturities, which still hold a slight call bid.

Weekly ETH skew back to 3 vols for puts over as hedges get bought.

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σ A healthy week of volumes for BTC with $5Bn notional trading

$3.5Bn expiring this week.

A $2Bn notional week for ETH ahead of 3Bn expiring this Friday.

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☞ Get full crypto options flows breakdown in this week's Crypto Options Weekly note to subs ☜

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➠ Crypto

σ Running a decent-sized hedge with BTC back up at 28k.

☞ Get more details on our positioning in this week's Crypto note to subs ☜

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..that's a wrap on this week's Crypto Roundup!

Want more details on the current dynamics in crypto spot and vol mentioned above?

Watch this week's Crypto Insight video on the Options Insight YouTube Channel dropping later today!

🦾Powered by


(link: https://www.youtube.com/ )

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➠ If you enjoyed this Crypto Roundup, let me know your thoughts/questions in the replies!

If you want even more detailed research & trade ideas on crypto & crypto vol...

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Go to our website www.options-insight.com use code RV2023 at checkout for a free month of our Crypto Options Weekly service.

Cheers! 🫶

Great discussion with Michael Gayed, The Lead-Lag Report on the options techniques institutions use to hedge portfolios, generate income and risk manage their speculative bets.

Lead-Lag Live: Getting Real Options Insights With Imran Lakha ’s a lot more to trading Options than you think.Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code YOU...

Macro Options Overlay Spotlight | March 28, 2023

Oil Squeezes 5% & Gold Suffers as Stocks Consolidate | Macro Options Spotlight Oil Squeezes 5% & Gold Suffers as Stocks ConsolidateMacro Options Spotlight | March 28, 2023Get a Free Month of Options Insight Right Now when you use the co...

Our Volatility Dashboard for $UNG is signaling selling puts or put spreads as the optimal play.

We've seen stocks consolidating around 4000

Continuing today as markets try to digest Consumer Confidence coming in higher than expected.

But in , yday saw squeeze, & suffer from profit-taking.

We've got our 👀 on a diff commod w/bearish divergence ☟

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σ Recently, hit new lows due to higher production and less demand from warmer weather.

The fundamentals don't look great, but the price has collapsed and is showing .

Suggesting downside exhaustion.

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σ So, we believe a bounce is due in $UNG.

But we need to think carefully about how to structure a bullish trade as NatGas is the highest vol commodity on our dashboard.

So we'll look for ways to structure a bullish trade that takes advantage of the surface while not getting too damaged if our views are wrong on the bounce.

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σ Our Volatility Dashboard for UNG is signaling selling puts or put spreads as the optimal play.

Due to the , positive carry, and high skew.

But, we want to add a bit more delta exposure and plan to do so by buying a ratio.

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σ As always, we'll monitor the situation closely and adjust our strategy as needed...

➠ Watch the attached clip from today's Macro Options Spotlight for more colour on what we are seeing in

➠ Go to the Options Insight YouTube Channel right now & watch the rest of the Spotlight to also see:

• Recap of recent price action

• Today's Cross Asset Vol Summary

• Our thoughts on the bearish positioning shift amidst low consumer expectations

(link to follow)

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➠ Want this kind of professional macro analysis and trade idea sent directly to your inbox to help you navigate these volatility markets?

This is Options Insight's specialty.

➠ Try it out for a completely free month by following the link in my Twitter Bio, then use code RV2023 at checkout.

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Thank you for making it this far! 🙏

Let me know your thoughts on NatGas in the replies!

Also, please leave a reply if you enjoyed the info, as it helps the algo push the content to more people.

Thus helping more people better navigate these tricky markets.

Cheers! 🫶

Macro Options Spotlight | March 27, 2023

Concerns Rise About Banks' Exposure to Commercial Real Estate Debt

Concerns Rise About Banks' Exposure to Commercial Real Estate Debt | Macro Options Spotlight Concerns Rise About Banks' Exposure to Commercial Real Estate DebtMacro Options Spotlight | March 27, 2023Get a Free Month of Options Insight Right Now when ...

This past Friday, I had a fantastic time stopping by The Lead-Lag Report's Twitter Space!

Was an incredible, all-encompassing conversation.

In looking back, I feel like there were really some golden nuggets of options info that came about.

Let's dive in & share some key takeaways ☟

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☞ Still want to hear the whole Space:
https://twitter.com/options_insight/status/1639297360378449921… ☜

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In a quote from his dad, The Lead-Lag Report stated he's often followed the rule, "Never play with options."

Mainly because when you do play with options, you're generally playing against time.

An opponent that is forever undefeated.

While this is true, with the right approach, time decay can be managed & kept in check...

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➠ MANAGING TIME WHEN YOU HAVE A VIEW

σ So we've pretty well established that time decay exists & is a detriment to your options positions.

But it really kicks in when you get into the short-dated stuff.

So, what do you do?

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𝟏❯ Avoid arrogance in calling the timing
𝟐❯ Trade spreads to limit decay & bleed premium
𝟑❯ Go longer-dated (1 month view = buy 3/6 month expiry)
𝟒❯ Stay aware of time decay at all times

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➠ EXAMPLE

σ $EUR looks a bit toppy & the $USD sold off in the face of this crisis, which is typically the opposite of what you'd expect.

You also have the banking crisis stresses now being felt more in Europe + economic surprises in are falling.

If you believe in the downside, you'd be leaning on spreads.

But buying a 1-month expiration is not the way to play it.

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σ What you do is ask yourself, "how long should I have to wait until this view plays out?"

For the to pivot, for to roll over, etc...

Personally, I'd go for some far OTM Sept option expires!

That would be a much better way to carry that bearish Put on .

It won't bleed away in the first 1 month, & you can affordably carry it with you for 6 months while you let price play out.

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➠ TWEAK EXPOSURE

σ Once you put the trade on, you are NOT married or stuck to that position.

This is a common misconception with options.

You can adjust & make changes to your position as things develop.

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σ Let's say I bought some Puts or Put Spreads against the Euro, but the Euro rallies to 1.15...

While the option is not dead, it's far from being ITM.

Instead of now just hoping it comes back to me, what I could do instead is sell call options.

Knowing that structurally the pair is in a downtrend & this price action has taken us to the top of this big 10/15y channel.

Now you're collecting premium to help you finance that early Put option.

You always have options to tweak your positions.

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σ The key is to ask yourself:

"What's the optimal move I can make right now to adapt to the environment based on greeks metrics & the macro views that I hold?"

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σ I am constantly re-evaluating my assumptions & my positions.

For instance: I may ask myself if the are evolving in the way I'd expect in relation to my view?

If they do, don't touch it.

If they don't, there is nothing wrong with restructuring.

And that's how I think about managing options!

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σ Remember, doesn't have to be a losing game against time.

With the right mindset & strategies, you can make it work in your favor.

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➠ Has this inspired you to take your options education more seriously?

If so, we've got the perfect options trading courses for you in partnership with some of our favorite people in finance!

➠ For true beginners, head to Real Vision Academy for the perfect options primer - in laymen's terms!

➠ Are you ready for a bit more? SpotGamma's 3-part series, The Hedge, is the place for you.

Head over to their respective sites right now to check them out.

(links in follow-up tweets)

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Thank you for making it this far 🙏

If you enjoyed the info, please leave a reply, as it helps the push it to more people.

Helping more people learn about options.

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