TWIFO 168: Crude, Ags and the Dangers of Market Making

• HOST: MARK LONGO, OPTIONS INSIDER MEDIA GROUP
• CO-HOST: NICK HOWARD, BANTIX TECHNOLOGIES
• CME HOT SEAT GUEST: ADAM WEBB, FOUNDER OF MACROHEDGED

WHAT WERE THE MOVERS AND SHAKERS THIS WEEK?

CRUDE OIL 

• Oil prices fall after OPEC+ talks, ECB rate cut

AGS

• TRUMP TWEET MOVING AG MARKETS
• RAN INTO A LISTENER YESTERDAY WHO ASKED FOR MORE AG OPTIONS CONTENT ON THE SHOW. 
• SOYBEANS
• • Ahead of trade talks, China makes biggest U.S. soybean purchases since June - traders
  • Illinois soybean farmers fear Trump tariff damage will be permanent 

EQUITIES

• MARKETS BACK IN RALLY MODE AFTER A CRAZY WEEK 
• VIX: 14.15 -  DOWN 1.15 FROM LAST SHOW 
• VVIX: 95.5 - UP 2.35 FROM LAST SHOW
• VXX: 23.4 - DOWN 1.1 POINTS FROM LAST SHOW 
• RVX: 18.70 - DOWN 1.5 PTS FROM LAST WEEK 
• VIX/RVX SPREAD:  4.65 - EVEN WIDER THAN LAST WEEK

FUTURES OPTIONS FEEDBACK 

• QUESTION FROM CLC: Which contract has the steepest bid for puts in the S&P emini?
• QUESTION FROM TENDA: Can you do some deeper dives into ag options on the program. I love this show. There's really nothing else like it. 
• QUESTION FROM L09: Any recs for someone looking to maybe become a market maker/specialist in fut opts? Firms? Products? Any input would be appreciated. Keep up the fine work.