The Option Block 1487: Giving Blood and Scalping Dollars

Markets are whipsawing, tech stocks are making monster moves, and The Option Block crew is back to break down all the action. On this episode of The Option Block, Mark Longo is joined by "Uncle" Mike Tosaw from St. Charles Wealth Management and Henry "The Flowmaster" Schwartz from Cboe — fresh from giving blood at Grand Central — to discuss another wild stretch for the options market. The crew breaks down the sharp post-Fed reversal, the market's ongoing battle around key levels, elevated dispersion across stocks and sectors, and the incredible post-earnings surge in Microsoft. They also dig into the latest options activity in NVIDIA, Micron, Meta, Tesla, AMD, Intel, Apple and more. Then it's time to get weird in the Odd Block as Henry highlights unusual options activity in Firefly Aerospace (FLY), Bit Digital (BTBT) and T1 Energy (TE), including some intriguing upside call activity and a few trades that leave the crew wondering why traders didn't just buy the stock. Plus, we look ahead to Apple and Amazon earnings, discuss the latest action in VIX and the major index ETFs, and explore what could shake up the markets next. It's another packed episode of The Option Block — with a little blood donation and dollar scalping thrown in for good measure.