Options Boot Camp 344: Forgotten Options Terms Part 3
Mark Longo
Dan Passarelli
options trading
financial markets
trading strategies
investment terminology
market evolution
financial history
trading technology
stock market
financial education
trading practices
In this episode of Options Bootcamp, Mark Longo and Dan Passarelli dive deep into the world of options trading terminology that has largely been lost to time. They discuss legacy trading concepts like the 'Texas Hedge,' 'price improvement auctions,' and the 'penny pilot program.' They also reminisce about old order types like 'fill or kill' and explore terms like 'screen trader' and 'spot' in pricing. This episode provides a reflective look at how trading practices and slang have evolved over the years, all while engaging the audience with some light-hearted banter and nostalgia.
00:00Introduction to Options Insider Radio Network
01:36 Meet the Hosts: Mark Longo and Dan Passarelli
03:49Forgotten Options Terminology
06:48Exploring the Penny Pilot Program
12:10Price Improvement Auctions Explained
15:25The Texas Hedge Explained
18:03Fill or Kill Orders: A Blast from the Past
21:42The Evolution of Screen Trading
23:06Spot Pricing and Old School Lingo
25:12Remembering Ticket Charges
26:54Conclusion and Podcast Promotion