This episode of the Option Block dives into the latest developments in the options market, driven by the news of a potential detente on the US-China trade war front. The host Mark Longo and co-hosts Andrew Giovinazzi (The Option Pit) and Mike Tosaw (St. Charles Wealth Management) discuss the impact of this news on various market indices, individual stock movements, and volatility instruments like VIX. Key topics include substantial spikes in major tech stocks such as Amazon, Facebook (Meta), and Nvidia. The episode also explores unusual options trades in stocks like Kosmos Energy, Commscope Holding, and Centrus Energy, and features a reflection on the late Alex "The Viceroy" Jacobson's impact on the options education landscape. The show wraps up with Uncle Mike Tosaw's Strategy Block focusing on the year of the collar and what to watch for in the markets towards the end of the week.
01:27 Meet the Hosts and Co-Hosts
01:54 Kicking Off with 80s Trivia Challenge
06:42 Trading Block: Market Analysis and Trends
26:31 Unusual Options Activity: The Odd Block
27:25 Remembering Alex "The Viceroy" Jacobson
27:55 Kosmos Energy Trade Analysis
34:32 Commscope Holding Company Insights
37:11 Centrist Energy Corp. Trade Discussion
40:19 Uncle Mike Tosaw's Strategy Block: The Year of the Collar
46:04 Around the Block: What to Watch Until Next Episode
51:58 Closing Remarks and Upcoming Shows