-- Options markets take a bumpy ride ahead of simultaneous options and futures expirations;

-- John’s Take looks at why it's the smartest traders in the room who trade options;

-- Two crucial concepts in strike price choices with Jermal Chandler in the “Term of the Week.”

The John Lothian Daily Update is a podcast turning the daily JLN hits and takes comments, our original content and the stories and quips in the top box of First Read into a daily podcast.

As its name suggests, Options Solutions is an options-centric asset-management firm that aims to increase the returns of investors’ portfolios with customized options strategies. JLN’s John Lothian and Suzanne Cosgrove recently interviewed the founders of the new enterprise, described by CEO Michael Brodsky as an early-stage, high-growth company. Team members are led by former CBOE Chairman and CEO Bill Brodsky, as well as Michael, his son, and options industry strategist Steve Sears.

The Futures Industry Association Tuesday reported global exchange-traded volume volume was up 42.3% from the same period a year ago and 7.7% higher than in July 2021.