The Option Block 1454: The Big Bounce Back?
The markets are shot out of a cannon this Monday! Host Mark Longo is joined by Uncle Mike Tosaw and Andrew "The Rock Lobster" Giovanizzi to break down a wild "Bounce Back" session driven by shifting geopolitical headlines and "weekend risk" reversals.
On this episode, the panel dives into:
The Trading Block: A massive reversal in the S&P 500 and Nasdaq. Is the "Taco Trade" back in play? Plus, a look at VIX cash flirting with 26 and a surge in April 30 calls.
Odd Block: Unusual activity in a newcomer—TetraTech (TTEK)–and a potential "rubber rebound" in Goodyear Tire (GT).
Strategy Block: Uncle…
The skinny
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