Option Block 883: 1987 Redux

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

TRADING BLOCK SEGMENT

  • THE BULL IS OFFICIALLY DEAD – IT WAS A GOOD RUN. OVER 11 YEARS. 
  • DOW, S&P AND NASDAQ ALL NOW OFFICIALLY IN BEAR MARKET TERRITORY. 
  • TRIGGERED CIRCUIT BREAKERS TWICE IN ONE WEEK
  • GOLDMAN STUDIED BEAR MARKETS BACK TO 1835
  • VIX: 65 – UP 12 FROM LAST SHOW
  • VVIX: 154 – UP 11 FROM LAST SHOW
  • VXX: 46 –  UP NEARLY 11 FROM LAST SHOW
  • TALKING $MSFT, $TSLA, $AAPL, $BA, $BAC, $AMD 

ODD BLOCK

  • AGGRESSIVE LINE IN THE SAND IN CIM

MAIL BLOCK

  • QUESTION FROM ANGEL: DOES UNCLE MIKE STILL HAVE SHORT PUTS ON RIGHT NOW OR IS HE CANCELING ALL BULLISH EQUITY TRADES UNTIL ALL OF THIS CALMS DOWN? ALSO – FOR HIS BROAD EQUITY PORTFOLIOS DOES HE ALWAYS HAVE A HEDGE COMPONENT OR DOES HE ONLY PUT THEM ON SELECTIVELY DEPENDING ON MARKET CONDITIONS?

AROUND THE BLOCK

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

Listen Now