Option Block 827: China Strikes Back

The Option Block · Aug 6, 2019 · 1m

Option Block 827: China Strikes Back

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP

CO-HOST: MARK SEBASTIAN, OPTION PIT

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

FIDELITY HOT SEAT: TREY JARRELL, FIDELITY ACTIVE TRADER STRATEGY DESK

THE TRADING BLOCK

CHINA STRIKES BACK IN TRADE WAR - CHINESE YUAN FALLS BELOW 7 VS. USD -WIDELY SEEN AS THE FLOOR FOR THE CURRENCY AND A HEDGE FOR MANY TRADERS

HASN'T TRADED LOWER THAN 7 SINCE 2008

ALSO TOLD ALL STATE-OWNED COMPANIES TO HALT U.S. AG IMPORTS

VIX BREAKS 20 HANDLE!

VIX 21.60 - UP 7.70 FROM LAST SHOW -

VIX: 111 - UP 20 FROM LAST SHOW

VXX…