Option Block 906: Revenge of the Clam Privateers

Published: June 4, 2020, 8:26 p.m.

b'

OPTION BLOCK 906: Revenge of the Clam Privateers

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

TRADING BLOCK SEGMENT

  • VELOCITY OF THE RALLY: FROM OPALESQUE: THE S&P 500 HAS NOW RALLIED +41% IN TEN WEEKS.
  • VIX: 25.25 - DOWN 3.5 FROM LAST SHOW
  • VVIX: 108.6 - UP 1.6 FROM LAST SHOW
  • VXX: 30.5 - DOWN 3 FROM LAST SHOW
  • OCC ANNOUNCED TODAY THAT MAY 2020 TOTAL CLEARED CONTRACT VOLUME WAS 545,272,318 CONTRACTS, UP 17.3 PERCENT FROM MAY\\xa0 2019.\\xa0

ODD BLOCK

  • LONG TERM AAL CALLS
  • LONG TERM MGM CALLS

MAIL BLOCK

  • QUESTION REGARDING USO AND A LONG CALL POSITION

AROUND THE BLOCK

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

'