It's Intervention Week on This Week in Futures Options as markets react to a wild mix of policy moves, geopolitical risk and shifting expectations across the futures landscape.
Host Mark Longo is joined by Bobby Iaccino, Co-Founder and Chief Market Strategist at Path Trading Partners, to break down the latest action in futures and options across gold, silver, equities, crude oil, natural gas and more.
On this episode, we discuss:
- The intervention-fueled moves shaking up markets
- Gold's latest rally and heavy call activity
- Whether gold could have significantly more upside ahead
- Why silver remains one of the trickiest markets to trade
- Growing downside hedging in the S&P 500
- Whether "buy the dip" has fundamentally changed bear markets
- AI spending, the Fed and geopolitical risk as market catalysts
- Why crude oil may not be the biggest problem in energy right now
- The growing importance of diesel and refinery capacity
- What the options market is signaling about WTI crude
- Natural gas seasonality and a surge in options activity
- The Nasdaq selloff and whether traders are already positioning for more downside
- Why Jackson Hole could provide the market's next major catalyst
Plus, we examine the hottest options activity across CME Group's futures markets and discuss where volatility and skew may be pointing next.