160% Vol: Tom Preston Won't Buy SK Hynix Options. He'd Verticalize.

SK Hynix and SpaceX both got listed options today, and SK Hynix opened at a blistering 160% implied volatility. Tom Preston pulls up the brand new chains, shows why every strike has zero open interest on day one, and explains what that huge volume is actually telling you. Then the warning: SpaceX options launched above 200% volatility and have already bled into the 80s. Tom lays out how he would trade a fresh IPO like this, why he would sell premium instead of buying it, and how to turn a scary cash secured put into a manageable defined risk spread. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 SK Hynix and SpaceX Options Launch Today 01:51 Volume vs Open Interest on Day One 03:28 Why the Markets Are So Tight 03:49 SK Hynix 160% vs SpaceX 200% Volatility 05:18 How Tom Would Trade This 06:00 Verticalize Into a Defined Risk Spread 07:43 Why Not to Buy These Options #tastylive #skhynix #spacex #cherrybomb #optionstrading #impliedvolatility #openinterest #definedrisk #ipooptions #tompreston tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.