OB 837: Topsy Turvy Volfefe Madness

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: COLIN SONGER, ACTIVE TRADER STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

THE TRADING BLOCK

MARKETS BACK IN RALLY MODE AFTER A CRAZY WEEK  VIX: 14.15 -  DOWN 1.15 FROM LAST SHOW  VVIX: 95.5 - UP 2.35 FROM LAST SHOW VXX: 23.4 - DOWN 1.1 POINTS FROM LAST SHOW  MARK/ANDREW REVIEW? MIKE REVIEW?  FIDELITY REVIEW?  AAPL, ACB, ROKU, TVIX, T

THE ODD BLOCK

MYLAN NV PUTS DXC TECHNOLOGY COMPANY PUT LOVE NVO OCT PUT LOVE

MAIL BLOCK

JOE AND LINDA LOVE UNCLE MIKE:  Yo Mark! First of all Linda says Hi!  And Happy Belated Birthday! Hers is the same day. My question is for Uncle Mike though. He talks about rule number 1 and rule number 2 of Credit Spreads and I was curious if increasing the Delta exposure of the long side of the spread is another way of dealing with the Short Side being  ITM. I have tried that with some success and wanted to know if I will eventually get bit? Thanks Again for all you guys do! Joe

 AROUND THE BLOCK

What is on our radar for the rest of the week? SPX hold 3K?, Strong rallies in RUT and DJT, gold and silver continue trucking along, Fed Meeting next week.