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June 2, 2025 56 mins
In this episode, host Mark Longo is joined by co-hosts "Uncle Mike" Tosaw from St. Charles Wealth Management and Andrew "the Rock Lobster" Giovanazzi from Option Pit. They discuss various aspects of the current options market, including unusual activity alerts, market analysis, and strategies. The show kicks off with a lively and contentious eighties trivia challenge, setting a spirited tone for the episode. Key topics include a detailed look at the AI phenomenon affecting tech stocks like Google Class A, Amazon, and Nvidia. They also delve into specific trades in stocks like UnitedHealth and their broader implications. Uncle Mike discusses the importance of having a plan when dealing with high-volatility trades and explains his cautious approach despite being a noted bull. The episode finishes with a preview of upcoming earnings, including household names like Dollar General and Cracker Barrel, and a thorough examination of ongoing options activity.
00:00 Introduction and Podcast Information
01:25 Meet the Hosts
03:13 80s Trivia Challenge
07:26 Market Analysis and Trading Insights
09:22 Drone Stocks and Market Reactions
15:20 Energy and Technology Sector Highlights
19:24 VIX and Single Stock Options Activity
25:44 Tech Stocks Performance Overview
26:09 Meta's AI Announcement and Market Reaction
26:52 Core Weave Deal and AI Dominance
27:47 Apple and Other Tech Giants
28:43 Palantir vs. Nvidia: A Market Poll
29:59 Earnings Highlights and Market Trends
31:24 Unusual Options Activity: The Odd Block
44:01 Strategy Insights: Hedging and Market Volatility
49:18 Market Watch and Final Thoughts
 
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