Listen "The Option Block 1404: Nothing Can Stop ETHZilla!!!!"
Episode Synopsis
This episode features a discussion on current market conditions and unusual options activity. The hosts, Mark Longo, Uncle Mike Tosaw (St. Charles Wealth Management), and Andrew Giovinazzi (The Option Pit), analyze the mixed performance of the major indices and the behavior of the VIX. They dive into a number of active stocks, including Alphabet (GOOGL) and Nvidia (NVDA), and touch on the bond and precious metals markets. In the Odd Block segment, they dissect peculiar options trades in Golar LNG Limited (GLNG) and the comically-named ETHZilla Corp (ETHZ). The show also includes an educational segment on managing "wash sales" when trading covered calls. Time Stamps Beginning: Options Insider Radio Network Intro 00:03:00: 80s Trivia Challenge 00:10:00: The Trading Block - Market Analysis 00:30:00: The Odd Block - Unusual Options Activity (GLNG and ETHZ) 00:40:00: The Strategy Block - Wash Sale Discussion 00:46:00: Around the Block - Market Outlook
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