How to Trade Crypto Perpetuals: A Step-by-Step Guide for Beginners
TradeView, a new on‑chain crypto perpetuals platform, launched its TVX token presale, offering up to 1001x leverage and full on‑chain order transparency. The presale is priced at $0.015 per TVX, has raised roughly $180,000 and sold 12 million tokens. The guide walks beginners through the steps of opening a perpetual position, from selecting a platform and depositing USDT/USDC to setting leverage, stop‑loss, and monitoring funding rates. TradeView’s design aims to reduce single points of failure and limit frontrunning compared with rivals like dYdX and Hyperliquid.
Market Wrap
Markets have been volatile this month as Iran‑related tensions lift the VIX to around 25, a level that signals moderate investor anxiety but not a crisis. Economic data remain upbeat: the Dallas Fed Weekly Index sits at 2.9, industrial production...
Zephyr's Adjusted for Risk: Autocallable ETFs and Market Innovations with Will Rhind
GraniteShares CEO Will Rhind discussed on Zephyr how the SEC’s Derivatives Rule 18f‑4 unlocks broader use of derivatives in ETFs, enabling strategies once limited to hedge funds. He highlighted autocallable ETFs, which combine attractive yields with predefined downside protection, as a compelling...
Rates Spark: Swap Lines Imply some Pressure
The market has eased from earlier fears that a frozen Strait of Hormuz would cripple oil supplies, yet oil prices remain elevated as the closure persists and Iran refuses to negotiate without a US blockade lift. Bond yields are inching...
Mid-Session IV Report April 22, 2026
The mid‑session IV report for April 22, 2026 shows a surge in implied volatility across a range of equities ahead of earnings releases. ServiceNow leads with IV at 158, far above its 52‑week range, while Tesla, Intel and CSX also post elevated...
Kalshi and Polymarket Move Into Perpetual Futures, Taking On Offshore Exchanges
Kalshi and Polymarket are launching crypto perpetual futures, expanding beyond prediction markets to challenge offshore crypto derivatives exchanges. Kalshi, a CFTC‑regulated Designated Contract Market, will roll out a phased U.S. launch focused on Bitcoin and other crypto perps, later adding...
ISDA Responds to ESMA on PTRR Clearing Exemption
On April 20, ISDA responded to ESMA’s consultation on a draft regulatory technical standard for the post‑trade risk reduction (PTRR) exemption under EMIR. The association urged a principles‑based definition of eligible PTRR services to preserve innovation, argued that existing EMIR...
Abaxx Exchange Lists World’s First Solar Irradiance Futures Contract
Abaxx Exchange will list the Enwex Germany Solar (GSM) futures contract on April 23, marking the world’s first exchange‑cleared solar irradiance product. Developed by German energy exchange Enwex, the contract lets participants hedge Germany’s solar irradiance risk in a standardized,...
Iran Crisis and Strait of Hormuz Disruption Drive Wall Street Shift to 24/7 Tokenised Markets
Wall Street institutions are shifting to perpetual futures contracts and tokenized real‑world assets to trade 24/7 after the Strait of Hormuz closure exposed gaps in traditional markets. Crypto‑native platforms provided continuous price discovery for gold, oil and silver while CME,...
Nifty Bank Prediction Today – April 22, 2026: Has Room to Fall. Go Long on Dips
The Nifty Bank index opened volatile on April 22, 2026, peaking at 57,400.25 before slipping to 57,095, down 0.5%. Analysts see immediate support around 56,800‑56,850, with a potential rebound to 57,700 if that zone holds. Futures mirror the spot, trading at 57,088...
Polymarket Launches Trading of Heavily Leveraged 'Perps' Contracts
Polymarket announced it will launch trading of perpetual futures contracts, or “perps,” expanding its prediction‑market platform into leveraged crypto derivatives. The contracts will be settled in USDC and run on Ethereum and Polygon, though the firm has not confirmed whether...
Commodity-Product Spread Explained: Definition, Functions, and Strategies
A commodity‑product spread measures the price gap between a raw material and its processed output, such as crude oil versus gasoline or soybeans versus soybean oil. Traders exploit this gap by pairing long raw‑material positions with short finished‑product positions, creating...
Unravelling Hedge Fund Trade Derails Boom in Taiwan Convertibles
Regulatory changes and foreign‑exchange volatility have upended the offshore hedge‑fund trade that once kept Taiwanese convertible bonds cheap, leaving about $2.7 billion of planned USD‑denominated issuances stalled. Insurers have withdrawn from currency‑hedging, raising the cost for hedge funds and prompting issuers...
IWMI: A Different Take On Income Investing
The NEOS Russell 2000 High Income ETF (IWMI) earned a Buy rating for delivering genuine small‑cap exposure combined with an options‑based income strategy. At $50.53 per share, the fund offers a 13.34% annualized yield and a 0.68% expense ratio, backed by...
US Stock Futures Rise, Dollar Falls on Iran Truce: Markets Wrap
US equity-index futures rose on Tuesday as President Donald Trump announced an extension of the cease‑fire with Iran. The S&P 500 futures gained 0.5% and Nasdaq 100 futures climbed 0.6%, reflecting investor optimism that reduced tensions could curb oil prices. Brent crude...
#58805
Effective April 21, 2026 the National Securities Clearing Corporation will no longer accept Thomson Reuters (TRI) option exercise and assignment for settlement. The Options Clearing Corporation (OCC) has mandated that all TRI exercises settle on a broker‑to‑broker basis, with the underlying deliverable...
Chicago Board of Trade (CBOT): The Key Trades in Commodities and Futures
The Chicago Board of Trade (CBOT), founded in 1848, began as an open‑outcry market for agricultural futures such as wheat and corn. After merging with the CME Group in 2007, the exchange broadened its catalog to include Treasury bonds, energy,...
Oil Prices Creep Higher Ahead of Ceasefire Decision
Oil futures nudged higher on Tuesday as President Donald Trump announced an indefinite extension of the U.S. cease‑fire with Iran. The move lifted sentiment in the market, but analysts warned that the cease‑fire does not guarantee a durable peace. Prices...
#58804
The Options Clearing Corporation (OCC) finalized the cash‑in‑lieu amount for Monroe Capital Corporation’s HRZN1 options, setting it at $0.09 per contract based on a $4.4168 HRZN share price. The adjusted deliverable now consists of 94 Horizon Technology Finance Corporation (HRZN)...
Market Watch: May Nymex Gas Contract Inches Higher
May natural‑gas futures on the NYMEX edged up 0.8 cents to $2.697 per million British thermal units on Tuesday. Gelber & Associates noted the move recovers a fraction of the steep decline seen since the start of the injection season. The...
Global Energy Markets Are on the Verge of a Disaster
On April 17, Brent crude plunged 10% to $90 a barrel after Iran’s foreign minister announced the Strait of Hormuz was "completely open." Hours later Iran attacked an Indian tanker, prompting a modest 5% rebound the following day. Despite the...
Cattle Futures Lower Heading Into Midweek
Cattle futures slipped on Tuesday as technical selling pressured live and feeder contracts, with June live cattle down $2.52 to $243.55 and May feeder cattle off $2.55 to $358.55 per hundredweight. Direct cash cattle activity was muted, and auction prices...
Bitcoin Braces for $8B Options Expiry as War, Oil and the Fed Threaten a Volatility Reset
Bitcoin faces a massive $8.07 billion options expiry on Deribit on April 24, with 56,300 calls and 49,540 puts. Call contracts cluster around the $75,000 strike while max‑pain sits near $71,500‑$72,000, creating a potential price pull‑down. The expiry coincides with a tight...
Morning Rant – 4/21/2026
The "Morning Rant – 4/21/2026" entry on OptionMillionaires is a routine daily market update that contains only a generic stock‑market image and social‑share buttons, with no substantive analysis or commentary. It appears to be part of a series of placeholder...
#58803
The Options Clearing Corporation (OCC) announced that automatic‑exercise thresholds have been removed for options on Central Puerto S.A. (CEPU) and Matrix IT Ltd (MGIC) because the underlying securities are halted or have uncertain deliverable values. This removal applies to every expiration type—standard, weekly,...
This Software Giant Is Due for a Big Catch-Up Trade as Stock Market Rallies. How to Trade with Options
The author highlights a broad market rally that has pushed the S&P 500 and Nasdaq to new highs, creating a sentiment‑driven buying environment. He points to Salesforce (CRM) as a lagging stock that has recovered from a 38% decline, with RSI...
#58802
The Options Clearing Corporation (OCC) announced that its flex series for Empery Digital Inc. will be consolidated from the 1EMPD symbol to EMPD. The change applies to two C‑series contracts expiring on January 15, 2027, with quantities of five and ten contracts...
SEC Roundtable Reveals Divide Over Legacy Options Rules
At an SEC roundtable on listed options market structure, participants clashed over legacy allocation rules, with some labeling them anti‑competitive and others defending them as essential for liquidity. Speakers highlighted the five‑lot rule’s impact on market‑maker incentives and debated the...
Indian Debt Funds Cut Hedges as Oil Risks Inflate Rate-Hike Bets
Indian debt fund managers, including Bandhan AMC and ICICI Prudential, are unwinding overnight indexed swap (OIS) hedges as soaring oil prices and the Iran conflict push market expectations for higher interest rates. The two‑year swap rate remains near 6%, roughly...
UK Investor Accuses Crédit Agricole of Forcing 'No-Margin-Call' Tesla Liquidation
A UK investor, Damion Berger, has sued Crédit Agricole, alleging the bank sold him a purported “no‑margin‑call” Tesla hedge that was later liquidated against his interests. The complaint says a €5 million (≈$5.45 million) forward contract was used to mask the bank’s own...
Futures Settle: Natural Gas Extends Quiet Winning Streak as LNG, Cool Temps Boost Demand
Natural‑gas futures posted a fourth straight session of modest gains as the market balanced comfortable supply with supportive demand cues. Midwest storage inventories remain below seasonal norms, heightening sensitivity to weather‑driven price moves ahead of the refill period. LNG feed‑gas...
The Ultimate Guide to Crypto Futures Trading in 2026
Crypto futures have become a cornerstone of digital‑asset investing in 2026, offering traders exposure without owning the underlying coins. BitMEX now commands over 30% of the futures market, providing both perpetual and fixed‑date contracts with deep liquidity and ultra‑low latency....
Apple Has Unusual Put Options Activity - Has AAPL Stock Peaked Ahead of Earnings?
Apple’s shares are hovering around $272.83, up roughly 1% and 10% above the March low, while unusually heavy put‑option activity signals investor caution ahead of the April 30 earnings release. Despite the rally, a free‑cash‑flow‑based valuation model projects a fair value...
Corn Higher at Monday’s Midday
Corn futures rose 3‑5 cents in the front months on Monday, with the CmdtyView cash corn price climbing to $4.165 per bushel. USDA’s FGIS reported 1.669 MMT of corn exports for the week ending April 16, a 2.89% increase from the prior...
Cotton Continuing Higher at Midday
Cotton futures gained between 35 and 46 cents by midday, extending a broader rally. Managed money flipped its stance, moving from a net short of 18,845 contracts to a net long of 16,825 contracts—the first net long in almost two...
Wheat Posting Monday Gains
Wheat futures posted modest gains on Monday, with Chicago SRW up 10‑12 cents, Kansas City HRW up 6‑7 cents, and Minneapolis spring wheat up 3‑4 cents. Export inspections showed 518,141 metric tons shipped in the week of April 16, a...
#58800
The Options Clearing Corporation (OCC) announced a consolidation of MARA Holdings, Inc. flex options, moving the 1MARA series to the standard MARA ticker. The change applies to the put series expiring on May 15, 2026 with a $7.5 strike and...
Zephyr's Adjusted for Risk: Mike Khouw on Options for Income and Risk Management
In a Zephyr Adjusted for Risk podcast recorded from Lake Tahoe, market strategist Ryan Nauman interviews YieldMax ETFs strategist and CNBC contributor Mike Khouw about the surge in options‑based exchange‑traded funds. Khouw outlines YieldMax’s single‑stock call‑write approach, which aims to generate...
KOLD: A Leveraged ETF Not For Investors
ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) aims to deliver twice the inverse daily performance of natural‑gas prices. Its leveraged, daily‑reset structure makes timing crucial, and over longer horizons the fund typically posts negative returns. Even investors who correctly predict...
Why the Hidden Mechanics Behind the Market’s Record Run May No Longer Be Helping Stocks
The S&P 500’s sharp April rally was buoyed by a surge in out‑of‑the‑money call buying, especially zero‑day‑to‑expiry (0DTE) contracts, which forced dealers to buy futures to stay delta‑neutral. SpotGamma estimates that on April 15 alone, dealers faced roughly $13 billion of call‑related hedging...
Pre-Market IV Report April 20, 2026
The pre‑market IV report shows a surge in implied volatility for a range of stocks, notably Intel (INTC), United States Oil Fund (USO), and several high‑profile earners such as GE, UNH, RTX, UAL and Tesla. Straddle pricing indicates the market...
Peter Schiff Alleges Market Manipulation As $760 Million Bet Draws Scrutiny—Iran Parliamentary Speaker Calls Oil Futures, Treasuries 'House Of Cards'
Economist Peter Schiff accused market manipulators of orchestrating a $760 million bet tied to misinformation about Iran on former President Trump’s Truth Social platform. He claims insiders profited billions while the narrative sowed confusion. Separately, Iran’s parliamentary speaker denounced oil futures...
Abaxx: Meeting the Need for New Commodity Derivatives
Abaxx Exchange’s new white paper outlines a suite of physically deliverable commodity derivatives designed to tackle extreme price volatility, geopolitical uncertainty, and the shifting dynamics of the energy transition. Traditional benchmark contracts are increasingly misaligned with physical markets, creating heightened...
Hedge Funds Turn Bullish on Cotton for First Time in Two Years
Hedge funds have turned net‑bullish on cotton for the first time in two years, with long positions now outnumbering shorts by 16,825 contracts as of the week ending April 14. The shift follows a surge in oil prices driven by the...
MSTY: Achieved House Money With Unsatisfactory Results
YieldMax MSTR Option Income Strategy ETF (MSTY) has seen its share price tumble 75.6% and total return plunge 41% over the past year. The fund’s eye‑catching 70% dividend yield is largely unsustainable, as payouts are frequently sourced from return of...
Exclusive: Retail Options Trading App Investa Gets FCA License
Investa, a UK‑based retail options‑trading app, received direct authorization from the Financial Conduct Authority on April 17, 2024, ending its status as an appointed representative of Richdale Brokers. The London‑run platform, built by former Citi options brokers and Freetrade co‑founder Ian...
SPX® Options Positioning Reverses as FOMO Sets In
CBOE’s Macro Volatility Digest shows implied volatility across asset classes fell to long‑term averages as optimism grew over a potential US‑Iran peace deal. Oil options still exhibit an inverted call skew, signaling lingering conflict risk despite the broader calm. Since...
Stock Market Today: S&P 500, Nasdaq, Dow Futures Fall as US-Iran Tensions Flare up Again to Shutter Hormuz
U.S. stock futures slipped about 0.4% on Monday as renewed U.S.-Iran tensions over the Strait of Hormuz sparked fresh geopolitical risk. The escalation followed a U.S. Navy seizure of an Iranian vessel and Tehran’s abrupt shutdown of traffic through the...
Some Implied Moves for Earnings Next Week(Apr. 20th – Apr. 24th) – 301 Companies Reporting
OptionMillionaires released a snapshot of implied moves for 301 companies reporting earnings between April 20 and April 24. The data, derived from options pricing, shows the market’s expected price swing for each ticker, with the highest percentages seen in GSHD (17.9%), MOH...
Option Traders Chasing Torrid Stock Rally Turn Focus to Earnings
Option traders have pivoted from hedging macro‑risk tied to the Iran conflict to chasing upside in high‑growth tech stocks as the equity rally gains momentum. Falling oil prices and a cease‑fire have pushed implied volatility on equities and rates back...