Description
Join the Lossdog waitlist at https://lossdog.com and please subscribe to this channel.
Markets opened ugly on March 3rd — stocks, crypto, bonds, gold, and silver all getting hit at once — and Tom and Scott didn't sugarcoat it. They walked through exactly how they're managing positions in real time: rolling down calls, nibbling on high-beta names, selling bond puts at levels they'd been watching, and why staying small right now isn't just advice — it's the only move that makes sense. Beyond the sell-off, they got into hedging crypto with Coinbase call spreads, their favorite pairs trades (gold-silver, ES-NQ, bonds vs. notes), the real difference between SPX and SPY for options traders, how to read delta on a put spread correctly, and why the AI trading era is about to make all of this a lot simpler. Callers included a first-timer from Florida asking about building a new exchange, a student from Chapel Hill getting the honest truth about marketing, and a dad from Scranton trying to get his 19-year-old son hooked on trading.
#lossdog #optionstrading #stockmarket #marketcrash #daytrading #financialfreedom
TIMESTAMPS
0:00 Intro
0:11 Morning sell-off — how to respond when everything is red
4:40 Every asset class down at once — what that means
5:07 Barry — rolling calls and managing delta under pressure
8:36 Caller Ryan — finding entries and where Tom is nibbling
13:58 Hedging crypto with Coinbase call spreads
17:00 Best pairs trades to know: gold-silver, ES-NQ, bonds vs. notes
21:05 Caller Yunior — the Small Exchange story and what Tom is building next
25:06 Caller Sawyer — wildest marketing wins and disasters (the CNBC $500K story)
30:56 SPX vs. SPY — the real reason most traders stick with SPY
34:45 Standard deviation, implied vol, and how delta fits together
36:33 How to read delta on a put spread the right way
38:22 Finding high-probability premium selling opportunities fast
42:07 Caller Mark - how to get the young generations interested in trading
47:35 Caller Paul — rolling iron condors without doubling your buying power
50:37 Which asset class bounces first after a major sell-off
53:24 Shorting the market in December 1999 — how bad was it really?
57:34 Live market snapshot and what to watch going into the afternoon
Today's session is a reminder that markets don't care about your game plan — they care about whether you're sized right and thinking clearly when things go sideways. Volatility spikes like the one on March 3rd, with VIX cash up nearly 20% intraday and futures volume hitting full-day averages before 10am Central, are increasingly becoming a feature of a market still navigating geopolitical chaos, tariff uncertainty, and a macro backdrop that hasn't fully resolved. For options traders, these are the moments where understanding expected move, pairs relationships, and the mechanics of rolling positions separates disciplined traders from people just reacting. The comparison to December 1999 — when the NASDAQ eventually lost 80% of its value over two years — is a useful calibration: today's volatility, while real, is still operating in a structurally different environment. Knowing the difference matters.
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, 10-11am ET. Hosts Tom Sosnoff and Scott Sheridan (the founders behind thinkorswim and tastytrade) along with co-host Sol bring decades of experience democratizing finance, now turning their attention to something just as broken: how we understand our professional worth.
Lossdog is the platform they're building to fix it. It's AI-powered software that doesn't just g...
Markets opened ugly on March 3rd — stocks, crypto, bonds, gold, and silver all getting hit at once — and Tom and Scott didn't sugarcoat it. They walked through exactly how they're managing positions in real time: rolling down calls, nibbling on high-beta names, selling bond puts at levels they'd been watching, and why staying small right now isn't just advice — it's the only move that makes sense. Beyond the sell-off, they got into hedging crypto with Coinbase call spreads, their favorite pairs trades (gold-silver, ES-NQ, bonds vs. notes), the real difference between SPX and SPY for options traders, how to read delta on a put spread correctly, and why the AI trading era is about to make all of this a lot simpler. Callers included a first-timer from Florida asking about building a new exchange, a student from Chapel Hill getting the honest truth about marketing, and a dad from Scranton trying to get his 19-year-old son hooked on trading.
#lossdog #optionstrading #stockmarket #marketcrash #daytrading #financialfreedom
TIMESTAMPS
0:00 Intro
0:11 Morning sell-off — how to respond when everything is red
4:40 Every asset class down at once — what that means
5:07 Barry — rolling calls and managing delta under pressure
8:36 Caller Ryan — finding entries and where Tom is nibbling
13:58 Hedging crypto with Coinbase call spreads
17:00 Best pairs trades to know: gold-silver, ES-NQ, bonds vs. notes
21:05 Caller Yunior — the Small Exchange story and what Tom is building next
25:06 Caller Sawyer — wildest marketing wins and disasters (the CNBC $500K story)
30:56 SPX vs. SPY — the real reason most traders stick with SPY
34:45 Standard deviation, implied vol, and how delta fits together
36:33 How to read delta on a put spread the right way
38:22 Finding high-probability premium selling opportunities fast
42:07 Caller Mark - how to get the young generations interested in trading
47:35 Caller Paul — rolling iron condors without doubling your buying power
50:37 Which asset class bounces first after a major sell-off
53:24 Shorting the market in December 1999 — how bad was it really?
57:34 Live market snapshot and what to watch going into the afternoon
Today's session is a reminder that markets don't care about your game plan — they care about whether you're sized right and thinking clearly when things go sideways. Volatility spikes like the one on March 3rd, with VIX cash up nearly 20% intraday and futures volume hitting full-day averages before 10am Central, are increasingly becoming a feature of a market still navigating geopolitical chaos, tariff uncertainty, and a macro backdrop that hasn't fully resolved. For options traders, these are the moments where understanding expected move, pairs relationships, and the mechanics of rolling positions separates disciplined traders from people just reacting. The comparison to December 1999 — when the NASDAQ eventually lost 80% of its value over two years — is a useful calibration: today's volatility, while real, is still operating in a structurally different environment. Knowing the difference matters.
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, 10-11am ET. Hosts Tom Sosnoff and Scott Sheridan (the founders behind thinkorswim and tastytrade) along with co-host Sol bring decades of experience democratizing finance, now turning their attention to something just as broken: how we understand our professional worth.
Lossdog is the platform they're building to fix it. It's AI-powered software that doesn't just g...
