US-Wahl 2024 - Effektive Hedging-Strategien für Optionshändler

Summary

This video from eichon Coaching discusses strategies for options traders to prepare for the US elections, focusing on volatility as a key tool. It explains the importance of understanding the VIX, a measure of market volatility, and how to use it for both long and short positions. The presenter highlights the significance of trading the October futures to hedge against the election event and provides insights into various strategies, including selling short puts and using options chains. The video also mentions an upcoming intensive seminar on trading volatility and the use of a 'market signal' indicator that has historically been effective, particularly during the election period.

Takeaways

• 📈 The video discusses how options traders can prepare for and capitalize on the volatility surrounding the US elections.
• 🔍 The presenter emphasizes the importance of understanding volatility as a tool for both long and short options strategies.
• 📅 The US election is scheduled for November 5th, and the video suggests focusing on the October futures to hedge against this event.
• 📉 The video references 'Black Monday' as an example of how volatility can swing both ways, depending on positioning.
• 📚 An intensive seminar on trading volatility is planned for November 16-17, covering strategies and tools like VX futures and calendar spreads.
• 📊 The presenter discusses the VIX term structure, explaining the difference between contango and backwardation and their implications for trading.
• 💡 The video highlights the use of the 'market thermometer' signal, which has historically been accurate in predicting market movements.
• 💰 The presenter suggests strategies like buying long calls or selling short puts to hedge against or profit from the election volatility.
• 📉 Historical data is used to argue that the VIX is unlikely to drop significantly before the election, suggesting a potential short put strategy.
• 💡 The video concludes by encouraging viewers to consider a variety of options strategies, including the use of ETPs and calendar spreads, to manage risk and potentially profit from the upcoming US election.

Q & A

What is the main topic of the video?

The main topic of the video is preparing for the US election as an options trader, focusing on volatility and strategies to trade it.

What does the term 'Volatility' refer to in the context of the video?

In the video, 'Volatility' refers to the degree of variation in the price of a security or market index, which is a crucial factor for options traders to consider.

What are the two main strategies discussed for trading volatility during the US election?

The two main strategies discussed are 'div Vola long' and 'div Vola short', which involve either buying or selling options to profit from expected changes in volatility.

Why is understanding the VIX important for options traders according to the video?

Understanding the VIX is important because it measures the market's expectation of future volatility and can help traders make informed decisions about their options strategies.

What is the significance of the 'Black Monday' event mentioned in the video?

The 'Black Monday' event signifies a sharp drop in the market, which can lead to increased volatility. It illustrates how volatility can impact the market in both directions, affecting trading strategies.

What is the date of the US election mentioned in the video?

The US election is mentioned to be on November 5th.

Why is it important for traders to focus on the October futures when trading the US election event?

Traders should focus on the October futures because the VIX reflects the volatility of the S&P 500 options expiring 30 days from the current month, and by October, the focus should be on the November expiration which includes the election period.

What is the term 'Contango' and how does it relate to the VIX futures discussed in the video?

Contango refers to a situation in futures markets where prices are higher in the distant delivery months compared to the spot price. It relates to the VIX futures as the video discusses the shape of the VIX term structure, which can be in contango or backwardation, affecting trading strategies.

What is a 'short put' in options trading and how is it used in the context of the video?

A 'short put' is an options strategy where an investor sells a put option, betting that the underlying asset's price will not decrease to the option's strike price. In the video, it is discussed as a strategy to potentially profit from the expected movement in volatility around the US election.

What does the term 'hedge' mean in the context of the video, and how is it applied to the US election?

In the context of the video, 'hedge' refers to a strategy used to reduce or offset potential losses by taking an opposite position in a related security. It is applied to the US election by using options strategies to protect against significant market volatility during the event.

What is the significance of the 'VIX term structure curve' mentioned in the video?

The VIX term structure curve is significant as it shows the expected volatility over different time periods. It helps traders understand the market's expectation of future volatility and can influence their options trading strategies, especially around events like the US election.