The Option Block

The market is hitting brand new all-time highs, but the options landscape is flashing some highly unusual signals. In this episode of The Option Block, Mark Longo, Uncle Mike Tosaw, and Henry "The Flowmaster" Schwartz break down the wild, speculative environment driving the latest sea of green. The panel dives deep into the upcoming, historic SpaceX IPO—discussing what traders can expect from its highly anticipated options debut, potential volume records, and the structural listing criteria. Plus, the team breaks down a massive, inexplicable 1.55 million contract open interest anomaly in the Global X Defense Tech ETF (SHLD), and a massive post-earnings call option explosion in Snowflake (SNOW). On the Docket: The Trading Block: The market pushes north of 7,500 while VIX and VVIX get their legs cut out from under them. What does an inverted put/call skew in 55% of tech names tell us about current market frothiness? The SpaceX Countdown: Anticipating the June IPO. Will SpaceX options instantly usurp Tesla and Nvidia at the top of the volume charts? The Odd Block: Massive call buying and vertical spreads in Snowflake (SNOW) ahead of its monster 40% post-earnings move. Weird OI Anomalies: Breaking down a multi-million contract data glitch in the Global X Defense Tech ETF (SHLD) and heavy bullish rolls in ASP Isotopes (ASPI). Around the Block: Flatlining put demand in the SPX, a look at silver (SLV) channeling at the 70 level, and why Mike is keeping a close eye on his massive Palantir (PLTR) holdings.

NVDA earnings are in the books… and the market barely blinked. The crew breaks down the post-earnings reaction, volatility collapse, VIX drifting lower, bond market swings, fuel cell madness, Hyperliquid upside, and unusual options activity lighting up names like PURR, BLDP, UTZ and more. Plus: Is the market still running on AI hype… or has the great pivot to cheese balls officially begun?

The indices might be flashing red, but the Option Block crew is bringing the heat. In this episode, Mark Longo, Uncle Mike Tosaw, and Andrew "The Rock Lobster" Giovinazzi dive into market weekend head-fakes, the tech vs. energy sector tug-of-war, and why a certain famous swimsuit issue used to flood the trading floors like clockwork. 🔥 EXCLUSIVE LISTENER PROMO: Want a trading platform built by option traders, for option traders? Join TastyTrade, Investopedia's Best Platform for Options Trading 2026! Open and fund a new account using code DOUBLE2026 by May 31st, 2026, and earn a Double Commission Rebate up to $3,000 total on your stock and ETF options trades for your first 30 days. Head to tastytrade.com/insider to claim your rebate! The guys break down massive volume spikes in the QQQs, an explosive earnings season sitting at a 130% straddle outperformance, and unusual activity cooking in some wild single-name tickers. On The Docket: The Trading Block: Analyzing a volatile Monday open, VIX hovering near 18, and how the markets are digesting the ongoing Middle East tensions. The Hot Seat: Massive volume in the tech space—tracking giant movement in NVIDIA, Tesla, Apple, and Alphabet, plus a look at Micron's massive whipsaws. The Earnings Block: Sneak peeks at what to expect from upcoming prints including Home Depot, Lowe's, Target, Walmart, and the highly anticipated NVIDIA report. The Odd Block: Pulling back the curtain on unusual option activity in AmpliTech Group (AMPG), Petrobras (PBR), and newcomer T1 Energy (TE). The Strategy Block: Uncle Mike revisits the underrated power of utilizing put spreads to neutralize vega, manage theta, and efficiently hedge your portfolio.

Market volatility remains stubbornly persistent even as the S&P 500 blows past 7500 and the Dow hits 50K. In this episode, Mark Longo and the all-star panel break down why the "Thursday Curse" has officially become a "Thursday Blessing." The team dives deep into a massive day for single-name options, including a jaw-dropping pivot from Aramark (ARMK) into the AI data center space. Plus, Henry "The Flowmaster" Schwartz breaks down the unusual upside call kinks, "Uncle" Mike Tosaw discusses the isolated nature of this rally, and the panel analyzes the "dumpster fire" that is Ford finally finding a new spark. On this episode, the panel discusses: The Trading Block: S&P 7500, Dow 50K, and the curious resilience of the VIX despite all-time highs. Flowmaster Insights: Henry Schwartz explains why 44% of liquid stocks are showing inverted call skew. The Odd Block: Why is Aramark (the cafeteria people) suddenly an AI play? Plus, a look at Hyperliquid (PURR) and FIRMI. Portfolio Strategy: Mike Tosaw on managing covered calls during an explosive bull run. Earnings Watch: Previewing the heavy hitters still on the deck, including the big NVIDIA print.

Is "Old Tech" the new shiny toy? Mark, Uncle Mike Tosaw, and Andrew "The Rock Lobster" Giovinazzi break down a market where legacy names are exploding and the "magical letters" of AI are breathing new life into forgotten tickers. From all-time highs in the S&P 500 to volcanic eruptions in semiconductor names, the panel navigates the latest trends, unusual activity, and protective strategies for this high-flying environment. On this episode, the team discusses: The Trading Block: A look at the S&P 500 hitting north of 7,400, VIX hovering near 18, and the "Everything Old is New Again" theme driving Apple, Intel, and Qualcomm. Single Name Surge: Breaking down the massive volume and price action in Nvidia, Tesla, Intel, Micron, and AMD. Plus, what's behind the resurgence of Nokia? The Odd Block: Unusual options activity in Sony Group (SONY), the minerals and geosciences play Ivanhoe Electric (IE), and the earnings-driven flow in Plug Power (PLUG). The Strategy Block: Uncle Mike explains how to use a 1x2 ratio put spread to get paid for buying stocks you want at a lower price while hedging for a potential pullback. Around the Block: Predictions for the rest of the week, the upcoming Nvidia earnings, and why now might be the time to look at protective puts.