Option Block 882: The Depths of Market Madness

Published: March 9, 2020, 7:20 p.m.

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Option Block 882:\\xa0The Depths of Market Madness

  • HOST:\\xa0 MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
  • CO-HOST: MARK SEBASTIAN, THE OPTION PIT
  • CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

  • THE WORLD HAS LOST ITS COLLECTIVE MIND: SAUDIS AND RUSSIA DECIDE TO RACE EACH OTHER TO THE BOTTOM IN PERHAPS THE MOST BEWILDERING PRICE WAR IN CRUDE HISTORY. NORTH KOREA DECIDES TO LAUNCH MORE MISSILES BECAUSE WHY NOT AND CIRCUIT BREAKERS TRIGGERED AT CME AND NYSE.
  • BLOOMBERG WRITING ABOUT 100 LOT OF VIX CALLS
  • VIX: 53- UP 16 FROM LAST SHOW
  • VVIX: 143: UP 28 FROM LAST SHOW
  • VXX: 35.35:\\xa0 UP 10 FROM LAST SHOW
  • ROBINHOOD APP HAD ANOTHER OUTAGE TODAY.

ODD BLOCK

  • SIZE MAT LITS PUTS
  • SIZE KTB LITS PUTS
  • REVIEW LBTYK CALL LOVE

MAIL BLOCK

  • QUESTION FROM TONY WEBER: THE GREASYIST OF MEATBALLS, WHAT IS YOUR FAVORITE VIX OPTIONS STRATEGY FOR +50 VIX? DO YOU SELL ITM SHORT TERM (MAR 17) CALLS AGAINST LONG TERM CALLS? IS THIS "VIX MADE STUPID?"
  • QUESTION FROM ILIAN: THIS IS NUTS! I\\u2019M THINKING ABOUT STARTING TO NIBBLE AT THESE LEVELS. WHAT ARE YOUR PREFERRED WAYS TO USE OPTIONS NOW TO START NIBBLING WITHOUT LOSING MY SHIRT IF THE MARKET CONTINUES CRAPPING OUT? I DON\\u2019T WANT TO JUST LOAD UP ON OVERPRICED PUTS.\\xa0

AROUND THE BLOCK

WHAT\\u2019S ON OUR RADAR FOR THE REST OF THE WEEK?

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