Option Block 883: 1987 Redux
Option Block 883: 1987 Redux
- HOST:\xa0 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.\xa0
- DOW, S&P AND NASDAQ ALL NOW OFFICIALLY IN BEAR MARKET TERRITORY.\xa0
- 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 -\xa0 UP NEARLY 11 FROM LAST SHOW
- TALKING $MSFT, $TSLA, $AAPL, $BA, $BAC, $AMD\xa0
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\u2019S ON OUR RADAR FOR THE REST OF THE WEEK?