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SpotGamma's Brent Kochuba Unpacks the Relationship Between Options and the Stock Market, Ep #147

• 38 min

Brent Kochuba is the Founder of SpotGamma, a financial insights company, which applies its proprietary methodology toward modeling index and equity options and then provides unique content to its subscribers.  SpotGamma has thousands of members and has been featured in publications such as The Wall Street Journal and Bloomberg Markets. At SpotGamma, Brent oversees all of the product development and creative content. Previously, Brent was a portfolio manager with Seven North Capital Management where he focused on creating options-based investment strategies. Prior to that, he spent time as a derivatives broker at Wolverine Execution, Credit Suisse, and Bank of America.  Brent  lives with his wife and children in Easton, Connecticut.  He holds a B.S. in Emerging Technologies from the University of Connecticut. In this episode of How To Trade It, Brent unpacks the relationship between Options and the Stock Market. You don’t want to miss it! Subscribe to How To Trade It  You’ll want to listen to this episode, if you are interested in hearing Brent Kochuba discuss…  [01:18] SpotGamma - analyzing the S&P500 and NASDAQ[03:04] Market Makers[06:47] Options expiration[10:17] Meme mania[14:45] Applying the data[20:23] Categories to watch[22:02] Daily Note[25:57] Summary of key points[28:48] Skew[31:07] A hidden danger for investorsMarket Makers The Market Makers' whole job is to post bids and offers on the exchanges for both stocks and options. They are not a bank, nor a hedge fund.  Market Makers electronically send out and have orders resting on all of the exchanges, at all times.  Odds are, when you place an order in your eTrade or Robinhood account, you are actually buying or selling from one of the Market Makers. They are the primary liquidity providers in our market.  Citadel claims to have about 40-45% of the total option volume out there.    Resources & People Mentioned  CitadelRobinhoodwww.SpotGamma.com/subscribe How to Trade It listeners can get TWO FREE WEEKS of any level of SpotGamma Subscription by using coupon code HTTI50  Connect with Brent Kochuba  Website:     http://www.spotgamma.comYouTube:    https://www.youtube.com/c/spotgammaTwitter:       https://twitter.com/spotgammaSupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

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