Option Block 888: Why The Heck Are We Rallying?

The Option Block · Mar 30, 2020 · 1h

Option Block 888: Why The Heck Are We Rallying?

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

CO-HOST: MARK SEBASTIAN, THE OPTION PIT

CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

WE'RE RALLYING YET AGAIN...FOR SOME REASON.

TERRIBLE JOBS NUMBERS...GROWING DEATH TOLLS….INCREASING THE CLOSURE AND DISTANCING UNTIL 4/30, TALKS OF SHUTTING DOWN THE MARKETS - AND WE'RE RALLYING!!

GS TRADING NEAR $4. PROBABLY $4 TOO HIGH

VIX: 60 - UP 2 FROM LAST SHOW

VVIX: 160 - DOWN 7 FROM LAST SHOW

VXX: 50 - UP 3 FROM LAST SHOW

ODD BLOCK

PM CALL CRUSHING

LYG LINE IN THE SAND PUTS…