The Option Block 1496: Drone Crazies & Legendary Drunkards

We're kicking off the week with drones, drunkards and plenty of unusual options action on this episode of The Option Block. Mark Longo is joined by Andrew "The Rock Lobster" Giovinazzi from Option Pit and "Uncle" Mike Tosaw from St. Charles Wealth Management to break down the latest moves across the options markets. On this episode, we discuss: A red start to the week and what the VIX is telling us The latest action in Tesla, NVIDIA, Apple, Micron and other heavily traded names Some surprising activity in small-cap options A wild surge in Draganfly (DPRO) calls as drone stocks light up the tape Aggressive put buying in Revolve Group (RVLV) The upcoming earnings volatility picture for Dell, Ollie's Bargain Outlet, Five Below, Snowflake and Lululemon Using index puts to hedge a stock portfolio Whether low volatility and stocks near their highs make this an attractive time to consider portfolio protection What the crew is watching as we move beyond the dog days of summer Plus, W.C. Fields, Dean Martin, Johnny Carson and a surprisingly difficult round of legendary-drunkard trivia It's another packed episode of options activity, strategy, market analysis and questionable humor on The Option Block.