tastylive: Options Trading Concepts Live

Ryan from the tastycrypto team offers a full overview of the cryptocurrency market during the market rally on Monday, November 24th. He highlights the bearish turn in sentiment overall, and how he's looking for a bottoming pattern before diving in to dollar cost average his cost basis.

Major indices faced steep declines Thursday, with the S&P 500 down over 80 handles and NASDAQ dropping 450 points. Disney (DIS) plunged nearly 10% following earnings, while NVIDIA (NVDA) fell 4% ahead of next week's earnings report. Hosts Mike and Jermal discussed several trading strategies amid the volatility, including SPX iron condors and directional trades to capitalize on market movement. They noted VIX futures rose 2.8% while natural gas continued its upward trend with a 2.25% gain. The traders examined several trade ideas including a December 31st SPX iron condor, a November 28th bull put credit spread paired with a long call spread, and downside strategies in EEM and AMAT heading into earnings. They emphasized the importance of proper position sizing and understanding the differences between trading ETFs versus individual stocks when managing risk in volatile markets.

In today's broadcast, the team at tastylive discussed the muted volatility in FX markets, particularly the Euro (EUR/USD), which is testing key support levels around 1.16, and the dollar's behavior, with anticipation building for upcoming data volatility as the U.S. government reopens. They highlighted the potential for a Federal Reserve rate cut in December, expressing mixed market sentiment with some pairs like the Australian dollar remaining stable while others showed divergence. Options strategies, like diagonal spreads, were also explored, emphasizing the importance of sizing in trading.

In today's Options Trading Concepts Live, Mike, Jermal and Thomas Westwater analyzed copper's potential for a major upside move in 2026, noting that the copper-gold ratio has reached extreme lows not seen since the COVID recession. The International Copper Study Group forecasts a deficit of 150,000 tons by 2026, a significant shift from earlier surplus predictions. Supply constraints from major miners like Anglo-American and Freeport, combined with rising demand from electrification and AI data centers, create bullish conditions. When the copper-gold ratio reaches current levels, copper historically outperforms gold by nearly 20% over the following 60 days. The hosts established bullish positions with HG calendar spreads and gold call diagonals. Other markets discussed included natural gas's seasonal strength (up 4.5% today), livestock's volatile trading patterns, and Micron's challenging options environment amid semiconductor volatility.

Traders Mike and Jermal discuss a strong market rebound as the S&P 500 futures turned positive, erasing Friday's losses amid increased probability of the government shutdown ending soon. The rally, which saw the E-mini S&P futures up 65 points and NASDAQ futures up nearly 400 points, was particularly strong in semiconductor stocks including AMD, Micron and NVIDIA (NVDA). The hosts closed multiple bullish positions to reduce risk after the significant reversal, with Mike noting he typically discounts probability calculations after a 200-point S&P reversal and instead focuses on risk management by taking profits. Despite the rally, uncertainty remains regarding the Fed's November decision, with a 60% probability of a 25-basis point cut versus a 40% chance of rates staying unchanged - a significant shift from a month ago when staying unchanged had only an 8% probability. The traders discussed position management strategies including calendar spreads and triangle/strangle techniques for ongoing market exposure while managing delta risk.

Mike & Jermal head to the CBOE SPX pit and discuss a few SPX options trades. Mike serves up his standard 0DTE iron condor in SPX, along with a short put that finances the cost of a long call spread. Jermal sells a call in HOOD. Tune in to learn more!

Liz Dierking and Jenny Andrews navigated a volatile Tuesday morning, with S&P futures initially down 70 points before moderating to a 46-point decline. The hosts noted VIX reached an intraday high of 20.50, suggesting market anxiety despite minimal apparent catalysts. The pair managed several earnings-related positions, closing their Palantir (PLTR) calendar for a small loss after earnings, while adjusting positions in Hymns and Unity Software (U). They also initiated new positions in Rivian (RIVN) ahead of earnings and added a Nike (NKE) jade lizard strategy. Discussion included unusual put activity in SPX options and market sector performance data from Kai's research report. Japan emerged as the leading global market with a 37% year-to-date return, while upcoming earnings from AMD, Novo Nordisk, and McDonald's (MCD) were highlighted as potential market movers.