Options Boot Camp 343: Forgotten Options Terms Part 2

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