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June 18, 2025 48 mins
In this episode of Options Bootcamp, hosts Mark Longo and Dan Passarelli delve into various lesser-known and forgotten options trading terms. They start by reminiscing about their experiences on the trading floor, sharing definitions and history behind terms like Delta Neutral, Leaning on Orders, Squawk Box, and ARB Clerk. They also discuss the significance and evolution of these terms and how they're viewed and used in modern-day trading. The episode further explores the influence of current events on market volatility and polls listeners on related topics. Throughout, they encourage listeners to share their own forgotten options terms to potentially include in future episodes.
 
01:05 Welcome to Options Bootcamp
03:10 Options Drills: Strategies and Techniques
04:30 Forgotten Options Terminology: Part 2
05:01 Exploring Section 1256 Contracts
10:19 The Concept of Delta Neutral
16:23 Leaning on Orders and Other Trading Floor Terms
23:45 More Lost Trading Terms
23:59 The Antiquated Language of Trading Pits
25:53 The Guts Trade Explained
28:49 The Squawk Box and Its Obsolescence
31:30 The Forgotten Greek: Rho
33:41 The Role of ARB Clerks
36:39 The National Best Bid and Offer (NBBO)
38:33 Listener Mail Call
40:10 Apocalypse Assets and Market Volatility
45:02 Conclusion and Future Episodes
 
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