OPTION BLOCK 906: Revenge of the Clam Privateers

• HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI, THE OPTION PIT
• CO-HOST:  MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• VELOCITY OF THE RALLY: FROM OPALESQUE: THE S&P 500 HAS NOW RALLIED +41% IN TEN WEEKS.
• VIX: 25.25 - DOWN 3.5 FROM LAST SHOW
• VVIX: 108.6 - UP 1.6 FROM LAST SHOW
• VXX: 30.5 - DOWN 3 FROM LAST SHOW
• OCC ANNOUNCED TODAY THAT MAY 2020 TOTAL CLEARED CONTRACT VOLUME WAS 545,272,318 CONTRACTS, UP 17.3 PERCENT FROM MAY  2019. 

ODD BLOCK

• LONG TERM AAL CALLS
• LONG TERM MGM CALLS

MAIL BLOCK

• QUESTION REGARDING USO AND A LONG CALL POSITION

AROUND THE BLOCK

WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK