Is the treasury market the new "war bond" front? As conflict-driven volatility continues to grip the markets, the Option Block panel gathers to break down a Monday session defined by crushing vol, shifting correlations, and a flight to safety.

Mark Longo is joined by Uncle Mike Tosaw of St. Charles Wealth Management and Andrew "The Rock Lobster" Giovinazzi from Option Pit to discuss whether we've entered a "sell the rally" regime reminiscent of the 1990s.

In this episode, the team dives into:

• The Trading Block: Why the "Grand Conciliatory Gesture" rally failed early, and why small caps are getting rotated into oblivion.

• The Odd Block: Unusual activity in Palantir (PLTR), a strange call play in Zoom Info (GTM), and a massive historical "home run" trade in Bilibili (BILI).

• The Strategy Block: How to play a 30 VIX using covered calls—should you sell at-the-money for premium or go further out-of-the-money for the eventual relief rally?

• Around the Block: Predictions on the "Strait of Hormuz" effect and whether the Fed has officially entered "punt mode" for the rest of 2026.