In this episode, Mark Longo, Henry Schwartz (Cboe) and Mike Tosaw (St. Charles Wealth Management) delve into the historic and highly volatile recent market swings, including the massive rally and subsequent sell-off. Key topics include the unprecedented trading volumes, driven in part by zero day options, and how traders are navigating the current landscape. Detailed insights are provided on VIX movements, SPX trading trends, and specific stock analyses such as American Airlines, Sigma Lithium, and Biomarin Pharmaceuticals. Listener polls reveal hesitance towards zero day options amidst the uncertainty. The episode wraps up with predictions on upcoming earnings and market movements, emphasizing the importance of strategic thinking in these times. 01:05 Meet the Hosts and Co-Hosts 01:40 Cboe's SPX and Mini S&P 500 Options 02:16 Market Risks and Disclaimers 03:08 Kicking Off the Show 03:23 Market Madness and Historic Swings 05:15 Wild Times in the Options Market 06:42 Unprecedented Market Activity 11:19 Zero Day Options and Volatility 15:10 Volume Records and Market Trends 21:33 SPX and VIX Analysis 28:46 Meta's Market Movement 29:13 Tech Stocks Performance 32:14 Financials and Market Uncertainty 32:55 Odd Block: Unusual Options Activity 33:47 American Airlines Analysis 39:27 Lithium (SGML) and Biomarin Pharmaceutical (BMRN) Insights 46:12 Mail Block: Listener Questions 48:31 Market Sentiment and Predictions 50:28 Around the Block: Upcoming Market Events 52:40 Conclusion and Resources