Options Boot Camp 354: Oral Surgery & Exotic Options

Join your hosts, Mark Longo and Dan Passarelli as they dive deep into the world of exotic options, tackling questions about their name, their role in the 2008 financial crisis, and whether they're just a marketing gimmick. They also tackle more fundamental questions on scaling into a trade and the practicality of making all options cash-settled. The episode concludes with a forward-looking discussion on how algorithmic and AI trading are reshaping the options market.

Timestamps

[00:00:00] - Intro & Sponsor

[00:07:00] - What Are Exotic Options?

[00:10:00] - Exotic Options & The 2008 Crash

[00:15:00] - Scaling into a Trade

[00:20:00] - Cash-Settled Options

[00:25:00] - Open Interest Updates

[00:30:00] - The Rise of Algo & AI Trading

[00:35:00] - Outro