The markets are seeing red this Thursday, but the action in the pits is heating up. Join Mark Longo, Henry "The Flowmaster" Schwartz, and "Uncle Mike" Tosaw as they break down a wild session dominated by geopolitical tension, spiking energy prices, and some very curious "unusual activity."

In this episode, the panel dives into:

• The Trading Block: A look at the "Blood Red Thursday" playbook. With the S&P, Dow, and Nasdaq all sliding, why are VIX puts seeing massive volume? Plus, a look at the "Mag 10" and why small caps are finally feeling the heat.

• Suspicious Paper: The team revisits last week's look at Brown-Forman (BF.B). Was it luck, or did someone know something? The stock exploded 15% on merger rumors exactly as the unusual call activity predicted.

• Odd Block: Henry highlights unusual bullish flow in Momo (MOMO) and the high-juice world of Bit Deer (BTDR). Is it time to sell covered calls on crypto miners?

• Earnings Insight: Why "Love Sack" (LOVE) is the surprise winner of the day and what's expected for Nike's upcoming move.

• Mail Block: The listeners weigh in—will the Fed actually cut rates this year? The results are closer than you think.