The Option Block 1509: Race Cars, Top Hats and Cleveland Cliffs..Oh My!
Stocks are bouncing back, but volatility isn't ready to settle down. On this episode, Mark Longo, Andrew "The Rock Lobster" Giovinazzi and Mike Tosaw break down the market rebound, lingering concerns about AI stocks and the options activity heating up ahead of earnings and the midterm elections.
The crew explores Cleveland-Cliffs' earnings-fueled surge and the short-term call trading chasing further upside. Plus, they examine unusual options activity in Equinox Gold, a November VIX straddle and the busy options tape in Nvidia, Tesla, Amazon, CoreWeave and more.
In the Strategy Block, Uncle…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.