Trading Block: Today we have a special guest co-host: Steve Claussen, Chief Investment Strategist, OptionsHouse.

What's going on:

• VIX/VVIX surging ahead of FOMC - VIX Cash over 20, VVIX: 117.
• Suspicious options activity in LNKD/MSFT ahead of deal
• A group from Silicon Valley has a serious plan for creating a totally new US stock exchange.

Options Question of the Week Results: How are you prepping your portfolio for #BREXIT:

• 23% Buying S&P / Index Puts
• 27% Buying Vol -VIX, VXX, etc
• 15% Moving to Cash
• 35% BREXIT will not happen was the winner, but down from 50% earlier in the week.

Odd Block: Calls trade in JPMorgan Alerian MLP (AMJ), calls trade in SunPower Corp. (SPWR), calls trade in Barclays PLC (BCS)

Strategy Block: Uncle Mike Tosaw discusses being a bull ahead to the FOMC and Brexit.

Around the Block: What are the all-stars thinking about?

• Earnings This Week: The Kroger Co, Rite Aid Corporation, Oracle Corporation.
• Federal Reserve Meeting on Wednesday.