Are markets starting to price in the unthinkable?
This week on This Week in Futures Options (TWIFO), Mark Longo and Russell Rhoads dive into one of the most fascinating weeks we've seen across the futures options landscape. Energy markets continue their explosive rally as crude oil surges back above $90, equity markets stumble, volatility begins to stir, and traders place some of the most unusual gold options trades we've ever seen.
The hosts analyze massive WTI crude oil put spreads, aggressive call buying, downside hedging in the S&P 500, the evolving relationship between VIX and equity volatility, and the extraordinary December gold option structures featuring 10,000, 15,000 and even 20,000 strike calls.
In this episode:
- Movers & Shakers across CME Group markets
- Why energy continues to dominate futures trading
- Unusual WTI crude oil options activity
- S&P 500 downside hedging and volatility positioning
- Is VIX sending the right signal?
- The most bizarre gold options trades of the year
- What extreme options positioning may be telling traders