Description
Join Lossdog at https://lossdog.com and please subscribe to this channel.
Tom Sosnoff and Tony Battista go head-to-head on whether the S&P is in melt-up territory or just an extended bull run that nobody can agree on a definition for — Scott's trading remotely from wherever he disappeared to this week. The real story is two signals showing up at the same time: margin debt just crossed $1.5 trillion for the first time, up 51% year-over-year, and option skew in the S&P indexes has inverted — calls are now priced more expensively than puts, something Tom says happens maybe 2% of the time and scares him more than any margin number ever could. Bitcoin ETF outflows and MicroStrategy's quiet reversal on its "never sell" strategy round out the market discussion, while a full segment breaks down when to use ETF options versus futures options across gold, bonds, oil, and currencies. Callers bring real questions on finding IVR in thinkorswim, delta-neutral portfolio risk, 30 vs 60 DTE decisions, and ratio spreads — and Scott's trades of the week still land even from abroad.
#lossdog #tomsosnoff #oneluckydoglive #stockmarket #optionstrading #bitcoin #investing
TIMESTAMPS
0:00 Intro and market open
3:29 Led Zeppelin vs AC/DC: dog pound poll
7:35 Is the S&P in melt-up territory?
11:08 Melt-up or just a long bull run?
15:06 Caller: IVR in thinkorswim explained
17:26 Should Tom bring back the mullet?
26:21 The real driver behind ratio spreads
28:10 VIX vs VIX futures: which to use?
29:42 Will 10-year yield drop below 4.60%?
32:45 Scott's trades of the week
45:38 Caller: 30 vs 60 DTE and portfolio risk
51:48 $1.5T margin debt: red flag or noise?
1:00:31 Option skew collapses: calls beat puts
1:12:38 MicroStrategy's quiet Bitcoin reversal
1:20:42 ETF options vs futures: how to choose
Markets at fresh all-time highs with margin debt running 51% above last year and call skew appearing in the S&P is an unusual combination — the kind that looks obvious in hindsight but is genuinely hard to trade in real time. In 2026, investor behavior has shifted away from downside protection and toward upside call buying, which shows up directly in how skew gets priced and matters to anyone selling premium or trying to read market sentiment. Bitcoin's post-peak phase is also getting more complicated, with spot ETF redemptions outpacing inflows on a net basis and major institutional holders quietly pivoting strategy — raising real questions about whether the asset class is basing or just being sidelined for other opportunities. For traders navigating all of this, the practical mechanics — IVR vs IVP, when liquidity favors futures over ETFs, how duration adjusts with volatility levels — are the tools that actually help, and this episode works through each one.
ABOUT ONE LUCKY DOG LIVE! / LOSSDOG
One Lucky Dog LIVE! is your daily wake-up call for career and financial clarity—streaming live Monday through Thursday, 8 : 30-10am CT. Hosts Tom Sosnoff, Scott Sheridan and Tony Battista bring decades of trading, entrepreneurial and fintech experience to optimizing our professional and portfolio worth.
Lossdog is the platform they're building to fix it. It's AI-powered software that doesn't just guess what you should earn—it calculates your real market value and shows you exactly how to increase it. No more vague salary ranges. No more wondering if you're being underpaid. Just clarity, backed by data.
The show is the conversation. The platform is the tool. Together, they're designed to help you stop leaving money on the table and start building the career you actually deserve.
📺 Watch live: Mon-Thu 8 : 30-10am CT
📞 Call in: 989-LOSSDOG
Tom Sosnoff and Tony Battista go head-to-head on whether the S&P is in melt-up territory or just an extended bull run that nobody can agree on a definition for — Scott's trading remotely from wherever he disappeared to this week. The real story is two signals showing up at the same time: margin debt just crossed $1.5 trillion for the first time, up 51% year-over-year, and option skew in the S&P indexes has inverted — calls are now priced more expensively than puts, something Tom says happens maybe 2% of the time and scares him more than any margin number ever could. Bitcoin ETF outflows and MicroStrategy's quiet reversal on its "never sell" strategy round out the market discussion, while a full segment breaks down when to use ETF options versus futures options across gold, bonds, oil, and currencies. Callers bring real questions on finding IVR in thinkorswim, delta-neutral portfolio risk, 30 vs 60 DTE decisions, and ratio spreads — and Scott's trades of the week still land even from abroad.
#lossdog #tomsosnoff #oneluckydoglive #stockmarket #optionstrading #bitcoin #investing
TIMESTAMPS
0:00 Intro and market open
3:29 Led Zeppelin vs AC/DC: dog pound poll
7:35 Is the S&P in melt-up territory?
11:08 Melt-up or just a long bull run?
15:06 Caller: IVR in thinkorswim explained
17:26 Should Tom bring back the mullet?
26:21 The real driver behind ratio spreads
28:10 VIX vs VIX futures: which to use?
29:42 Will 10-year yield drop below 4.60%?
32:45 Scott's trades of the week
45:38 Caller: 30 vs 60 DTE and portfolio risk
51:48 $1.5T margin debt: red flag or noise?
1:00:31 Option skew collapses: calls beat puts
1:12:38 MicroStrategy's quiet Bitcoin reversal
1:20:42 ETF options vs futures: how to choose
Markets at fresh all-time highs with margin debt running 51% above last year and call skew appearing in the S&P is an unusual combination — the kind that looks obvious in hindsight but is genuinely hard to trade in real time. In 2026, investor behavior has shifted away from downside protection and toward upside call buying, which shows up directly in how skew gets priced and matters to anyone selling premium or trying to read market sentiment. Bitcoin's post-peak phase is also getting more complicated, with spot ETF redemptions outpacing inflows on a net basis and major institutional holders quietly pivoting strategy — raising real questions about whether the asset class is basing or just being sidelined for other opportunities. For traders navigating all of this, the practical mechanics — IVR vs IVP, when liquidity favors futures over ETFs, how duration adjusts with volatility levels — are the tools that actually help, and this episode works through each one.
ABOUT ONE LUCKY DOG LIVE! / LOSSDOG
One Lucky Dog LIVE! is your daily wake-up call for career and financial clarity—streaming live Monday through Thursday, 8 : 30-10am CT. Hosts Tom Sosnoff, Scott Sheridan and Tony Battista bring decades of trading, entrepreneurial and fintech experience to optimizing our professional and portfolio worth.
Lossdog is the platform they're building to fix it. It's AI-powered software that doesn't just guess what you should earn—it calculates your real market value and shows you exactly how to increase it. No more vague salary ranges. No more wondering if you're being underpaid. Just clarity, backed by data.
The show is the conversation. The platform is the tool. Together, they're designed to help you stop leaving money on the table and start building the career you actually deserve.
📺 Watch live: Mon-Thu 8 : 30-10am CT
📞 Call in: 989-LOSSDOG
