OB 841: Old School Impeachment Premium

HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT CO-HOST:  MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: TREY JARRELL, Active Trader Strategy Desk - ATS East TRADING BLOCK SEGMENT   IMPEACHMENT VOL PREMIUM IS IN THE AIR.  VIX: 16.85 - UP 1.7 FROM LAST SHOW  VVIX: 101.5 - UP 1 FROM LAST SHOW VXX: 24- UP 1. FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY   ODD BLOCK CHECKING IN ON THAT EARNINGS CALL SWEEP IN NIKE CHECKING IN ON DISH CALL PALOOZA KBH HAS HIGHEST OPTIONS VOLUME/20-DAY AVERAGE MAIL BLOCK QUESTION FROM VRNQEET: Hi where is market heading on Monday QUESTION FROM Kevin Duggan: SPY paid a dividend today and is trading 67 cents lower this morning but, my SPY Calls are actually 6 cents higher. I expected them to fall! Can you please help me understand why the Calls are not down? Thanks! QUESTION FROM Louis_Winthorpe_III: I'm in $CLDR call options. Let's do a review. QUESTION FROM NELSON: Is it realistic to always have a long put against an equity portfolio or is that just too much drag on returns? I've approached this with a few clients and had some embrace it and others push back against the cost.