<description>&lt;p data-path-to-node="8"&gt;In this episode of The Option Block, Host Mark Longo and "Uncle" Mike Tosaw from St. Charles Wealth Management dive into a wild Monday market. With "The Rock Lobster" hitting the slopes, the duo navigates a landscape filled with geopolitical headline risk, 80s sports trivia, and significant technical sell-offs.&lt;/p&gt; &lt;p data-path-to-node="9"&gt;&lt;strong data-path-to-node="9" data-index-in-node="0"&gt;The Trading Block:&lt;/strong&gt; The panel analyzes the "Monday Rally" following a weekend of geopolitical tension. We look at the VIX hanging near 24, the impact of non-farm payrolls on a closed market Friday, and the massive volume in &lt;strong data-path-to-node="9" data-index-in-node="223"&gt;Tesla (TSLA)&lt;/strong&gt; as it dips below the $350 level. Plus, a breakdown of the top 10 most actives including &lt;strong data-path-to-node="9" data-index-in-node="324"&gt;Intel (INTC)&lt;/strong&gt;, &lt;strong data-path-to-node="9" data-index-in-node="338"&gt;Apple (AAPL)&lt;/strong&gt;, and &lt;strong data-path-to-node="9" data-index-in-node="356"&gt;Nvidia (NVDA)&lt;/strong&gt;.&lt;/p&gt; &lt;p data-path-to-node="10"&gt;&lt;strong data-path-to-node="10" data-index-in-node="0"&gt;The Odd Block:&lt;/strong&gt; It's a "blood-red" day for &lt;strong data-path-to-node="10" data-index-in-node= "42"&gt;Veridian Therapeutics (VRDN)&lt;/strong&gt;. We examine the massive 22% drop and the suspicious put activity leading into May earnings. We also revisit &lt;strong data-path-to-node="10" data-index-in-node= "179"&gt;Enovix Corp (ENVX)&lt;/strong&gt; call buying and a "lose-lose" expiration scenario in &lt;strong data-path-to-node="10" data-index-in-node="251"&gt;Magna Corp (MAGN)&lt;/strong&gt;.&lt;/p&gt; &lt;p data-path-to-node="11"&gt;&lt;strong data-path-to-node="11" data-index-in-node="0"&gt;Strategy &amp; Mail Block:&lt;/strong&gt; Uncle Mike discusses &lt;strong data-path-to-node="11" data-index-in-node= "44"&gt;Strike Price Selection&lt;/strong&gt; for covered calls in a high-volatility environment—should you go for the "juice" at-the-money or play it safe? We also reveal the results of our "Gun to your Head" poll: &lt;strong data-path-to-node="11" data-index-in-node="237"&gt;Microsoft (MSFT) vs. Micron (MU)&lt;/strong&gt;.&lt;/p&gt;</description>

The Option Block

The Options Insider Radio Network

The Option Block 1458: The Juice, The Kardashians, and the Bloody Battlefield of VRDN

APR 6, 202657 MIN
The Option Block

The Option Block 1458: The Juice, The Kardashians, and the Bloody Battlefield of VRDN

APR 6, 202657 MIN

Description

In this episode of The Option Block, Host Mark Longo and "Uncle" Mike Tosaw from St. Charles Wealth Management dive into a wild Monday market. With "The Rock Lobster" hitting the slopes, the duo navigates a landscape filled with geopolitical headline risk, 80s sports trivia, and significant technical sell-offs. The Trading Block: The panel analyzes the "Monday Rally" following a weekend of geopolitical tension. We look at the VIX hanging near 24, the impact of non-farm payrolls on a closed market Friday, and the massive volume in Tesla (TSLA) as it dips below the $350 level. Plus, a breakdown of the top 10 most actives including Intel (INTC), Apple (AAPL), and Nvidia (NVDA). The Odd Block: It's a "blood-red" day for Veridian Therapeutics (VRDN). We examine the massive 22% drop and the suspicious put activity leading into May earnings. We also revisit Enovix Corp (ENVX) call buying and a "lose-lose" expiration scenario in Magna Corp (MAGN). Strategy & Mail Block: Uncle Mike discusses Strike Price Selection for covered calls in a high-volatility environment—should you go for the "juice" at-the-money or play it safe? We also reveal the results of our "Gun to your Head" poll: Microsoft (MSFT) vs. Micron (MU).