Trading Block: The fear gauge just hit an all-time high. Turbulence for Delta Air Lines, Inc.: Two earnings trades for DAL stock. Under Armor selling off over 5% today, and over 50% since last week. Earnings today after the bell: Alcoa, Bank of the Ozarks

Odd Block: Calls trade in SPDR GLD Gold Trust (GLD), puts trade Avon Products, Inc (AVP), and calls trade in Steel Dynamic, Inc (STLD)

Strategy Block: Uncle Mike Tosaw selling a call spread against a stock you own vs. selling a covered call.

Mail Block: Listener questions and comments

• Twitter Conversation/Question from @4tee7 - Time to heavy my position $UA #masters #jordanspeith #chef #curry #goldenstate #dubnation. ‎‏@jfhotte Apr 8 @4tee7 UA was overbought already before the split. I see the stock @ 38$ next week @4tee7 3h3 hours ago @jfhotte, good call (sold the class c shares before I felt too much pain), get back into class A once the dust settles $ua @4tee7 I do not understand man... My puts premium at 1.5 day before split.. Today stock is down 4.5% and my option is worth 1.4 ...thoughts? @jfhotte I got nothing, you should collecting on that one??? Is there a trade cost (whose the broker)? @4tee7 what I got after split UA1160715P70 (UA1) it is up only 15% today while the stock down 5%, does not make sense.. @sellputs @Options @jfhotte @sellputs @Options let me know when you find out, I am curious
• Question from Fayecuzername - Hey all, quick question. I am a hopium addict at times. Andrew discussed puts and stock, rolling down the put as the stock drops. Is the play to buy stock with the proceeds and dollar cost average or use the proceeds on another trade? This assumes you continue to like the stock. Thanks, you all are my trading methadone.

Around the Block: There is still time to make IRA contributions