On today's episode we discuss:

- The recent volatility and what it means going forward

- The collapse of the XIV

- Earnings from GM, SAVE, and MU

Feature guest:

Adam Sarhan, CEO of 50 Park Investments (15:40)

Nic Chahine, author of Create Income With Options Spreads (34:15)

PreMarket Prep is a daily trading ideas show hosted by former floor trader Joel Elconin and prop trader Dennis Dick. Listen to the show live and participate in our chatroom every day from 8-9 a.m. ET at premarket.benzinga.com/pre-market-show/ or catch the daily recordings on iTunes, Soundcloud, and Stitcher.