Option Block 906: Revenge of the Clam Privateers




The Option Block show

Summary: TRADING BLOCK VELOCITY OF THE RALLY: THE S&P 500 HAS NOW RALLIED +41% IN TEN WEEKS. VIX: 25.25 - DOWN 3.5 FROM LAST SHOW VVIX: 108.6 - UP 1.6 FROM LAST SHOW VXX: 30.5 - DOWN 3 FROM LAST SHOW OCC ANNOUNCED TODAY THAT MAY 2020 TOTAL CLEARED CONTRACT VOLUME WAS 545,272,318 CONTRACTS, UP 17.3 PERCENT FROM MAY 2019. ODD BLOCK LONG TERM AAL CALLS LONG TERM MGM CALLS MAIL BLOCK QUESTION REGARDING USO AND A LONG CALL POSITION AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK