The Spread – “Florida Man” Edition – 11/30
Spencer Doar
Associate Editor
The Spread is sponsored by MIAX.
Sadly, it appears no one had a funny VIX-related sign at a sporting event this week, but never fear, there’s plenty of content in this edition of “The Spread” – the Florida options trading firm blow-up, volatility products in Israel, (non-Keanu) Matrix news, and more!
The following are links to the stories referenced in this week’s episode:
Tampa Bay Business Journal -> Ohio law firm preps claims for Tampa investment firm clients who lost millions
Bloomberg -> Broker Seeks Millions From Wiped-Out OptionSellers Clients
Youtube -> James Cordier – Full apology video
Twitter -> OCC Annual Volume Record
JLN -> Saliba’s Execution Fight Gears Up
Press Release -> The Tel Aviv Stock Exchange Will Launch A Volatility Index – VTA35 Index
MIAX -> MIAX Options to List and Trade Options on SPIKES Index, Emerging as New Competitor in Volatility Market
Produced by Mike Forrester
John Lothian Newsletter
Today's Newsletter
This Vegan Billionaire Disrupted the Crypto Markets. Stocks May Be Next; ‘Dramatic’ Round of Regulation Seen Coming for Cryptocurrencies
This Vegan Billionaire Disrupted the Crypto Markets. Stocks May Be Next; ‘Dramatic’ Round of Regulation Seen Coming for Cryptocurrencies
We visit more than 100 websites daily for financial news (Would YOU do that?)
Now Read This
Options traders make gargantuan VIX options bet; FINRA gently reminds members to exercise “reasonable diligence” – The Spread
This week on The Spread, traders make a $40 million bet on VIX options, FINRA reminds its members to vet options trading accounts appropriately, MIAX announces a new partnership, and more.
OCC reports highest volumes in its history in Q1 2021; CFTC cracks down on binary options – The Spread
This week on The Spread, the OCC and several major exchanges report trade volumes, the CFTC orders a Brooklyn man to pay $1 million in penalties over a binary options scheme, and more.
The Spread: Tiger Billionaire
This week on The Spread, the unregulated crypto exchange Deribit announces a bitcoin volatility index, the CME says over 1 million micro e-mini equity options contracts traded, and more.
The Spread: Moonshot
This week on The Spread, bitcoin options hit records for bullishness, the OCC adds two industry veterans to its board of directors, and more.
