The Option Block

Option Block 881: The Gamma Gods

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI AND MARK SEBASTIAN, THE OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• SURPRISE FED RATE CUT AND IMPACT ON VOLATILITY.
• VIX: 36.97- UP 3.37 FROM LAST SHOW
• VVIX: 115.42 - DOWN 1.58 FROM LAST SHOW
• VXX: 25.46 - UP 3.31 FROM LAST SHOW
• OCC VOLUME NUMBERS FOR FEBRUARY

ODD BLOCK

• UNUSUAL OPTIONS ACTIVITY IN RWT, APD, SNSS

MAIL BLOCK

• QUESTION FROM DOM: WHAT IS A GOOD USE CASE FOR LONG STRADDLES? I KNOW THAT THEY ERODE QUICKLY AND ARE EXPENSIVE. WHAT'S THE UPSIDE?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 880: The Dead Scaredy Low?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI AND MARK SEBASTIAN, THE OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• HOW LONG CAN 35 VOL LAST?
• VIX: 33.60- UP 2.4 FROM LAST SHOW
• VVIX: 117-UP 3 FROM LAST SHOW
• VXX: 22.15 - UP APPROX 1 FROM LAST SHOW
• ROBINHOOD APP DOWN ALL DAY

ODD BLOCK

• CALL SELLERS IN VALE
• HUGE PUT CLOSE ROLL IN TEVA

STRATEGY BLOCK

KEEPING MONEY IN CASH DURING THIS TIME PERIOD

MAIL BLOCK

• QUESTION FROM MIKE TOSAW: LOOK AT THE PRICING RELATIONSHIP BETWEEN SPX AND SPY. THE PRICING IS OFF. I'M STILL IN CASH, SO IT ISN'T A BIG DEAL TO ME BUT DO ANY OF YOU GUYS HAVE ANY INSIGHT ON THAT?

• QUESTION FROM OLADONEGRO: CAN U PLEASE TELL ME WHY TSLA PUT OPTIONS $920 EXPIRATION FEB 21, DIDN'T INCREASE THE VALUE AS THE STOCK PLUNGES TODAY AT 11:20 AM ? ACTUALLY THEY DROP A LITTLE MORE AS HE STOCK WAS FALLING , ONLY REALLY START TO INCREASE IN PRICE AFTER THE STOCK BREAK VWAP

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 879: Pandemic Volatility Madness

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• A CRAZY DAY/WEEK FOR OPTIONS VOLUME /VOLATILITY
• NEW ALL-TIME OPTION VOLUME RECORD THIS WEEK.
• VIX: 31.20 - UP NEARLY 7 FROM LAST SHOW - HIT A HIGH OF NEARLY 35 TODAY
• VVIX: 114 -UP 3 FROM LAST SHOW
• VXX: 21 - UP NEARLY 4 FROM LAST SHOW

ODD BLOCK

• PLAN
• HGV
• PTLA

MAIL BLOCK

• QUESTION FROM MARK BRANT: FITTY LOOKING PRETTY! HAS HE CASHED OUT?
• QUESTION FROM MAZ: IS THE WHOLE ASP STILL IN CASH? WHAT WOULD BE SOME GOOD OPTIONS PLAYS TO START GETTING BACK INTO THE GAME HERE?
• QUESTION FROM JORGE: ARE WE ALL DEAD?
• QUESTION FROM JIM ROTH: IS THIS ALL CORONA OR IS THERE SOME SANDERS EFFECT GOING ON AS WELL?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

THE OPTION BLOCK 878: EVERYONE IS IN CASH

It's a historic day on The Option Block when both #UncleMike and #TheGreasyMeatball are both in cash! What does that mean for you? You'll have to tune in to find out. Plus we discuss unusual activity in $BGS, $ADM, $MAS and #UncleMike breaks down what to do when your short put spread moves against you. All that and more on this episode of The Option Block.

Option Block 877: Tasty Prunes and Exotic Elixirs

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• TSLA MYSTERY PUTS AND OPTIONS ACTIVITY
• VIX: 14.15 - UP 1.15 FROM LAST SHOW
• VVIX: 99 -UP 3 FROM LAST SHOW
• VXX: 13.6 - DOWN .5 FROM LAST SHOW

ODD BLOCK

• REVIEW - MDLA LINE IN THE SAND PUTS
• REVIEW - MLCO CALL LOVE
• NTAP AGGRESSIVE LINE IN THE SAND PUTS

MAIL BLOCK

• QUESTION FROM NACEL: HOW LONG DOES IT TAKE TO REALLY BECOME AN EXPERT AT OPTIONS TRADING?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

OB 876: Where the Trees End and Volatility Begins

On this episode Mark, The Rock Lobster and Uncle Mike discuss:

• How is the pandemic impacting, or not impacting, this market in SPY, VIX, QQQ, IWM and more.
• Hot TSLA options
• Earnings Vol Update: LYFT, CISCO, TEVA, BABA and more

Odd Block

• One dollar collars in AAL
• Funky XB puts
• Earnings swings for the fences in LBTYK

Strategy Block

• Managing Vertical Put Spreads

Around the Block

• Pandemic fears lingering

Option Block 875: Options Origin Stories

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• THIS VIRUS IS CONSUMING LARGE SWATHES OF CHINA AND THE MARKET DOESN'T SEEM TO CARE
• VIX: 15 - DOWN 2.65 FROM LAST SHOW
• VVIX: 91.3 - DOWN NEARLY 10 FROM LAST SHOW
• VXX: 14.1 - DOWN 1.6 FROM LAST SHOW
• OCC ANNOUNCED THAT JANUARY 2020 TOTAL CLEARED CONTRACT VOLUME WAS 521,727,816 CONTRACTS, THE INDUSTRY'S HIGHEST JANUARY EVER – UP 23.5 PERCENT FROM JANUARY 2019, AND THE THIRD HIGHEST MONTH OVERALL.

ODD BLOCK

• HL CALL PALOOZA
• DBX PUT LOVE
• TSG LONG TERM CALL LOVE

MAIL BLOCK

• QUESTION FROM JOHNK: WHAT MADE YOU GET INTO OPTIONS?
• QUESTION FROM RECIPE3Z: WHY DOESN'T ANYONE BECOME A MARKET MAKER IN OPTIONS ANYMORE? I BELIEVE ANDREW EVEN SAID THEY TRAINED A STUDENT TO BECOME A MARKET MAKER AND THAT IS EXTREMELY RARE NOW. WHY?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 874:

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• BREAKING DOWN SURPRISING OPTIONS TRADES IN TESLA
• VIX: 17. 65 - UP .35 FROM LAST SHOW
• VVIX: 101 - UNCHANGED FROM LAST SHOW
• VXX: 15.7 - UP .1 FROM LAST SHOW

ODD BLOCK

• REVIEW - LAST MINUTE PREMIUM HARVESTING IN MO
• REVIEW - JBL PUT LOVE
• TPR CALL LOVE

STRATEGY BLOCK

• HOW TO USE SHORT PUT SPREADS IN THIS VOLATILE MARKET

MAIL BLOCK

• COMMENT FROM MIXLR CHAT - MARK BRANT: $TSLA CALLS ARE AS HOT AS SHAKIRA LAST NIGHT IN MIAMI!
• COMMENT FROM JEFF THAYER: TESLA...DONT GO UP ANYMORE...LOL....1.00 BIDS I BOUGHT JUST SOLD FOR 4.35

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 873: Revenge of the TSLA Mystery Puts

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• PANDEMIC FEARS CAN'T STOP THE BULL
• APPLE AND TESLA BLEW THE DOORS OFF THIS WEEK
• VIX: 17.3 - DOWN .2 FROM LAST SHOW
• VVIX: 101.5 - DOWN 3.5 FROM LAST SHOW
• VXX: 15.6 - DOWN .1 FROM LAST SHOW

ODD BLOCK

• LAST MINUTE PREMIUM HARVESTING IN MO
• JBL PUT LOVE
• SCHW CALL OVERWRITE

MAIL BLOCK

• COMMENT FROM MIXLR CHAT - EDWARD ELSEWHERE: LOVE YOUR PODCASTS!!
• QUESTION FROM FRIENDSTER: DO YOU THINK THE WHOLE MOVE TO ZERO COMMISSIONS HAS BEEN GOOD FOR OPTIONS TRADERS?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 872: We're Not All Going To Die

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• PANDEMIC FEARS CONTINUE TO RATTLE THE MARKET
• VIX: 17.5 - UP NEARLY 4 FROM LAST SHOW
• VVIX: 105 - UP OVER 11 FROM LAST SHOW
• VXX: 15.4 - UP 1.65 FROM LAST SHOW
• EARNINGS: APPL, SBUX, BA, TSLA, FB, MSFT, AMZN

ODD BLOCK

• REVIEW INTEL EARNINGS DAY CALL LOVE
• LVS CALL SALE/ ROLLING DOWN IN WEIRD NON-SPREAD PAPER
• ZNGA CALL LOVE

STRATEGY BLOCK

• EXTRINSIC VALUE WITH OPTIONS

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?