The Option Block 1497: Forget Nonfarms..It's All About Drones and Biotech Baby!
Forget nonfarms — the options market has plenty of other things to keep traders busy.
On this episode of The Option Block, Mark Longo, Uncle Mike Tosaw and Henry "The Flowmaster" Schwartz from Cboe break down a surprisingly strong market rally heading into the jobs report, the latest options volume trends, and some unusual activity lighting up the tape.
The crew digs into eye-catching options flow in biotech name Alumis (ALMS) and drone maker Draganfly (DPRO), including some intriguing call activity as both names attract attention. They also examine unusual action in Element Solutions (ESI)…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.