Channel Title: Open Interest Channel Description: Michael Khouw, a 25+ year Wall Street veteran, is Co-Founder and Chief Strategist of OpenInterest.PRO. Mike is also the co-author of “The Options Edge”. (Wiley, 2016) Mike is a former member of the Philadelphia Stock Exchange, the American Stock Exchange and the New York Mercantile Exchange. Mike holds a BA from Tufts University. All opinions expressed are offered exclusively for educational purposes and are not inducements to trade. We offer no warranty of completeness or accuracy nor are we under any obligation to update or correct any information. Opinions expressed may be short-term in nature and are subject to change without notice. Examples of past performance are not indicative of future results and the strategies mentioned may not be suitable for you. <video> Bitcoin and the Election Description: What are the drivers for Bitcoin now? What might a new administration do and how could it affect the space? Mike will be joined by Professor Mark Guthner to discuss. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro </video> <video> November 25th, 2024 Description: The audio echo is resolved a few minutes in... Sorry for that! Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:04:40 Intro 00:07:45 AUDIO ISSUES FIXED 00:18:30 Kohl`s Corp. 00:18:39 Burlington Stores Inc 00:30:16 Nordstrom, Inc. 00:35:47 Viewer Question: This is China or US? 00:39:05 Viewer Question: Hi Mike - are you taking long positions into 2025 based on economic outlook and new admin or are you more cautious generally given valuations, rate environment, geopolitical, etc? 00:44:09 SPX 00:47:19 Viewer Question: With Trump's Crack down on immigration and recent increased productivity,do you think supply constraints to stay higher inflation above Fed target and may cause recession next year? 00:52:10 Viewer Question: Peter z sometimes exaggerates his points for clicks, in my opinion. 00:55:01 Viewer Question: Short on China? Should one be buying, say, put spreads on FXI? 00:55:12 Viewer Question: Could you also look at data on DKS and BBY? They also report tomorrow morning. 01:00:54 Viewer Question: with the record number of bachelor degree holders being unemployed, H1B bad... 01:04:07 Viewer Question: BBY trades like $h@! I would stay away, in my opinion. 01:05:21 Viewer Question: Is there a way to compare IV for near term event risk vs. farther out expirations, I.e. like CRWD this week vs. Dec or Jan? </video> <video> October 28th, 2024 Description: Twice weekly livestream discussing events most likely to move stocks and markets and the strategic use of options around these catalysts. Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro </video> <video> November 27th, 2024 Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:03:10 Intro 00:05:46 Retail Stores and who they serve. 00:05:58 Kohl`s Corp. 00:06:54 Follow @OpenInterestPro 00:10:10 Burlington Stores Inc 00:11:08 Look at KOHL and BURL trades. 00:29:01 Story about BRK 00:29:26 Trade Flow Discussion 00:32:28 NAFTA Mention 00:38:05 US Export $2 trillion, Import $3trillion 00:39:27 Oil Discussion 00:43:07 Viewer Question: Happy Thanksgiving Mike from across the miles/kilometers! 00:43:26 Viewer Question: Hello Mike, GM is taking hit from tariffs scare: buying opportunity, or more volatility is on the way? 00:45:51 Viewer Question: I bought the dip on TGT yesterday, going well. 00:50:51 Viewer Question: Hi Mike, news just came out that the FTC is going after MSFT for antitrust in its cloud business. Is selling January call spread and buying March put spread a good bet? 00:53:19 Viewer Question: If SMCI is delisted, does that effect the options? 00:54:15 Viewer Question: hi Mike, what's the minimum cash/ margin one would need to start a MM? ie; naked strangles, CSP, CCs. do you need expensive MM software to automate. thanks! 00:56:12 Viewer Question: Enlightening chart on trade. All the data you post is interesting. Happy Thanksgiving! 00:56:27 Viewer Question:What would be a good trade on IOT? IV30-HV30=40; earnings 12/5/24. IOT is in an uptrend. 01:01:34 Viewer Question:Simple question. I know you get asked this a lot but where is $mstr heading and what is your btc target for 2025? Happy thanksgiving 01:03:39 HYLB 01:07:49 Viewer Question: Hi MIke, Happy Thanksgiving. I really like the capabilities of the Bloomberg terminal you are using. Any idea of the cost to subscribe? 01:09:50 Viewer Question: STLA offers its products under the Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. 01:12:24 Viewer Question: Mike, 0 coupon, doesn’t it mean $mstr offers no interest on their CB? But you said 200 bps for the investors . Sorry i sm just a beginner 01:14:18 Viewer Question: Mike STLA PE is so low of 2.73 and made already made over over $5.00 a share already this year, but you would stay away on STLA even with this news </video> <video> November 13th, 2024 Conagra $CAG, Paypal $PYPL Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00 Preroll 04:29 Intro 05:52 Paypal 08:33 Visa compared to Paypal 15:01 Trade Idea Paypal 17:59 Conagra 23:48 Viewer Question: hi Mike .. liked your thoughts on GM a few wks ago. am long the Dec 20 48/57.5 call spread, worth ~$7.70. right at short strike, and I still like the stock. thoughts on rolling ? 24:58 Viewer Question: Hi, Mike. the $SOX is down to the 200 ema line on the 1 year, daily chart. Do you see a break down or a rebound off of the 200 ma? 29:21 Viewer Question: Hi Mike,what is your strategy now for FLR, after last week's price drop? 31:10 Viewer Question: Also re: Gold GLDHad several options spreads Closed them on the move downAnd now just buying into the ETFYour thoughts?Thanks 32:39 Viewer Question: I've liked trading V as well as MA quite a lot; have short puts position on both right now 32:53 Viewer Question: Was listening to. Schwab tutorial today. They used a bull call spread w/strikes in the $, AMZN buy Dec 205, sell Dec 210 with AMZN at $223. Thoughts about this as a neutral strategy? </video> <video> December 9th, 2024 Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:02:32 Intro 00:04:26 Toll Brothers Inc. 00:04:45 Lennar Corp. - Ordinary Shares - Class A 00:09:12 Meta Platforms Inc - Ordinary Shares - Class A 00:22:36 Unitedhealth Group Inc 00:35:17 Viewer Question: Hi Mike! From last Monday: you fielded a viewer's comment who wanted to buy calls on expected rise in the VIX. I have the same outlook. Being an option seller, what about selling some puts instead? 00:41:13 Viewer Question: How would you play $VST now? Please draw up a trade. (I don't own it.) Thanks. 00:43:38 in context of VST Fluor Corporation 00:52:49 Viewer Question: Good afternoon from sunny Marin. The stock market can build wealth over time. Is the options market just a zero-sum game, or is there a legit role using options for builidng wealth as well? 01:01:50 Viewer Question: Absolutely @stevegarcia . My options trading allowed me to retire 5 years earlier than expected. 01:01:59 Viewer Question: toll brothers stock is up, has reported 01:04:27 Viewer Question: If you have a directional trade going against you, is neutralizing delta a means to hold on without further bleeding or should you cut your losses? 01:07:09 Viewer Question: e.g. bear call spread and market goes up...do you buy a few calls to neutralize delta and then buy/sell those long calls depending on movement of the underlying? 01:07:19 Viewer Question: why should denying claims, for the sake of augmenting cash flow and benefiting shareholders, be something that is celebrated? 01:08:47 Viewer Question: Mike, there is tremendous dissatisfaction with the US health care system. It affects everyone, and even those with excellent health care plans are pay gargantuan amounts of money. 01:10:23 Viewer Question: Hi Mike - I've been selling 20-30 day 10 delta up/down iron condors on SPX booking regular income. Happily no black swan events so far interrupting this strategy. Any thoughts? 01:11:49 Viewer Question: I have APP which I have been thinking of collaring, every day, for some time using Jan 3 options. If I did collar, and APP goes up, what changes to make and when? </video> <video> November 18th, 2024 BJ's Wholesale $BJ, Costco $COST Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00 Preroll 03:56 Intro 05:52 BJ Wholesale & Costco 11:38 Viewer Question: What peg range would you consider reasonable 23:52 Viewer Question: I want to put a collar on a significant NVDA position; skew indicates can do it at a credit. Thoughts about exp date & strikes? Thx 29:45 Viewer Question: Hi Mike - I'm sure all would be interested in your positioning thoughts re NVDA this week. Thanks 32:19 Viewer Question: 1 of 2: How to trade with options on stock with a parabolic move? I had a very large position in PLTR and sold it at $28 for a good profit. </video> <video> December 11th, 2024 Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:02:46 Intro 00:03:06 Alphabet Inc - Ordinary Shares - Class C 00:06:59 Hims 00:20:48 Viewer Question: NKE earnings in about 8 days. Actually considering just buying shares and a downside put (Jan 70p) for protection. Lots to consider e.g. China sales, competition, new CEO, etc. What do you think? 00:34:38 Viewer Question: I have APP want to collari using Jan 3/ 17 options. How to collar, assuming trading options before yearend, but selling APP in 2025. Want to take advantage If APP goes up. 00:42:15 Viewer Question: Hi Mike,GM announced that they've stopped developing self-driving taxis - will it affect it's future in technology (Cruise) much? 00:55:11 Viewer Question: "I'm gonna be on tv in a minute...let me knock out some option education first." 00:55:33 Viewer Question: As to MSTR, I consider this a Saylor put. Can you tell who bought his convertible to confirm your thesis as to bond funds buying? 01:03:41 Viewer Question: Also underwriters buying? 01:04:42 Viewer Question: I'm up $230 per share on Tesla. What do you think about selling Calls against my position of 600 shares? </video> <video> December 2nd, 2024 Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:03:06 Intro 00:03:55 Lululemon Athletica inc. 00:17:50 LULU trade 00:21:40 Viewer Question: Hi Mike - VIX is now back down to lower levels. Seems like a fair amount of complacency currently. Any thoughts on a long 15 VIX call into Feb or Mar? Thanks 00:39:15 Transition Discussion for VIX trade 00:42:59 Viewer Question: Hi Mike, last time you talked about LULU, you also mentioned ONON: any update on it? 00:48:56 On Holding AG - Ordinary Shares Class A 00:52:21 LULU - Iron Condor / Fly Discussion 00:59:45 Viewer Question: do you adjustments for fly involve buying calendars or taking the loss if you're outside the range? 01:02:16 Viewer Question: Was put SMCI at $87. Premium to date (short puts / cov. calls) = $39. So, net cost = $48. Current covered call $24 strike expires Friday and well ITM.Evaluating following: 01:02:43 Viewer Question: can roll up on pullback.What would you do? 01:04:21 Viewer Question: buy more shares 01:11:40 Viewer Question: I personally liked pat gelsinger but I can see why he left today. stock went crazy today! </video> <video> November 19th, 2024: BITCOIN ETF & OPTIONS Description: Join Mike to discuss the new listing $IBIT Bitcoin Trust ETF and the related options on its first day of trading. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00 Preroll 03:18 Intro 11:12 Microstrategy 18:38 LQD 20:30 HYG 21:10 HYLB 29:28 Viewer Question: Is there an easy way to see in/outflows into bitcoin (or any etfs)? 33:50 Viewer Question: Do you think the IV is reasonable for IBIT? I’m long IBIT. 36:47 Viewer Question: Coin base event 5/14 to 5/16 48:07 Viewer Question: Do you own Bitcoin personally? </video> <video> November 4th, 2024 Description: Twice weekly livestream discussing events most likely to move stocks and markets and the strategic use of options around these catalysts. Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro </video> <video> October 30th, 2024 Description: Twice weekly livestream discussing events most likely to move stocks and markets and the strategic use of options around these catalysts. Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro </video> <video> November 11th, 2024 Advance Auto Parts AAP Description: Twice weekly livestream discussing events most likely to move stocks and markets and the strategic use of options around these catalysts. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Preroll 00:03:00 Intro 00:21:49 Viewer Question: Mike, I am considering opening a trade on NVDAs nov 19 earnings. 00:36:14 Viewer Question: Would like clarification: When buying a spread should try to get 3-4x the width or profit? e.g. Consider a 10 wide spread. Is good price 3x profit (meaning pay 2.5) or 3x payout (meaning pay ~3.33). 00:44:27 Viewer Question: Is there a screen of stocks close to their 52-week high with stock buyback remaining for this year? I am thinking people are not going to sell their winners until next year. 00:52:54 Viewer Question: @stevegarcia GTN 01:00:52 Viewer Question: What is happening to $PFE which made $1.06 and raise the outlook also on earning 01:04:53 Viewer Question: Mike: Any trade ideas on the over extended financials which I'm bullish on or have they run too much? (GS, JPM, MS). Thank you 01:07:09 Viewer Question: @Michael Anthony PFE and other select pharma companies are trading down on risk of less vaccine usage due to RFK Jr being the forthcoming health "czar." 01:07:34 Viewer Question: What payoff would you want on credit spread? 01:07:57 Viewer Question: Interesting re Nvidia. A gentleman who works there mentioned one of their advantages v AMD is software for their chips. Wonder if Microsoft/Google/Amazon are working on AI software with their chips. 01:08:54 Viewer Question: I been looking at $CAG foods which dropping ,but was taught in any type of market that buys these types of companies in any type of market? </video> <video> December 4th, 2024 Description: Live investing strategy and analysis of upcoming catalysts discussing actionable stock and options trade ideas, with interactive Q & A. Amazon Link to The Options Edge: https://www.amazon.com/Options-Edge-Generating-Experienced-Practitioner/dp/1119212413/ OptionsPlay Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro </video> <video> November 6th, 2024 Description: Twice weekly livestream discussing events most likely to move stocks and markets and the strategic use of options around these catalysts. Affiliate Link: https://www.optionsplay.com/openmike twitter: Michael_Khouw www.openinterest.pro 00:00:00 Intro (With audio issues) 00:04:40 Audio Fixed </video>

Contacts and Links

Description

Michael Khouw, a 25+ year Wall Street veteran, is Co-Founder and Chief Strategist of OpenInterest.PRO. Mike is also the co-author of “The Options Edge”. (Wiley, 2016)

Mike is a former member of the Philadelphia Stock Exchange, the American Stock Exchange and the New York Mercantile Exchange. Mike holds a BA from Tufts University.

All opinions expressed are offered exclusively for educational purposes and are not inducements to trade. We offer no warranty of completeness or accuracy nor are we under any obligation to update or correct any information. Opinions expressed may be short-term in nature and are subject to change without notice. Examples of past performance are not indicative of future results and the strategies mentioned may not be suitable for you.

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