Option Block 887: The Dead Cat Bounce That Wasn't

Published: March 26, 2020, 8:17 p.m.

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Option Block 887:\\xa0The Dead Cat Bounce That Wasn\'t

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

TRADING BLOCK SEGMENT

  • WE FINALLY DID IT! SORT OF. FOR THE FIRST TIME SINCE FEBRUARY 12, THE S&P 500 CLOSED HIGHER TWO SESSIONS IN A ROW.
  • INITIAL JOBLESS CLAIMS SURGED TO RECORD 3.3M LAST WEEK AS CORONAVIRUS TAKES HEAVY TOLL ON ECONOMY
  • VIX: 58 - DOWN 10 FROM LAST SHOW
  • VVIX: 167 - DOWN 15 FROM LAST SHOW
  • VXX: 47 - DOWN 9 FROM LAST SHOW

ODD BLOCK

  • LARGE CALL CREDIT SPREAD IN EEM
  • LARGE BULLISH CALL DEBIT SPREAD IN MTCH
  • REVIEW: MASSIVE, AND TIGHT, AAL COLLAR

MAIL BLOCK

  • QUESTION FROM NAK: EVERYTHING IS ELECTRONIC AT THE MOMENT. WHAT THE HECK DO WE DO IF EVERYTHING HAS TO SHUT DOWN?
  • QUESTION FROM ANTHONY: ARE YOU SURPRISED AT HOW WELL THE OPTIONS MARKETS ARE HOLDING UP DURING THIS CRISIS? WHAT ABOUT THE BROKERS? SEEMS LIKE OUTSIDE OF ROBIN HOOD WE HAVEN\'T REALLY SEEN ANY MAJOR OUTAGES.\\xa0
  • QUESTION FROM NLE334: WHERE DO YOU THINK VIX WILL TOP OUT HERE?

AROUND THE BLOCK

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

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