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

The Option Block · Mar 26, 2020 · 1h 3m

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

HOST: 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…