The Option Block 1403: Talking Flow and Busting OI Myths!!

On this episode of The Option Block with Mark Longo, Uncle Mike  Tosaw (St. Charles Wealth Management), and Henry The Flowmaster Schwartz (Cboe) discuss the week's market volatility, noting the S&P 500's post-Labor Day sell-off and subsequent rebound. The hosts analyze overall market sentiment, paying close attention to the VIX and specific sector movements. In the Odd Block, they break down unusual options flow in NiSource (NI), MobileEye (MBLY), and ArcelorMittal (MT). A listener's question prompts a discussion on the challenges of obtaining real-time open interest data from OCC. The episode concludes with the hosts outlining the key events and market indicators they will be watching in the days to come, including upcoming employment numbers and continued options flow.

Time Stamps

• 0:00 - Intro and sponsor information.

• 4:45 - The Trading Block: Market analysis, including the S&P, VIX, and technology and financial sectors.

• 12:56 - The Odd Block: Discussion of unusual options activity in NiSource (NI), MobileEye (MBLY), and ArcelorMittal (MT).

• 24:40 - The Mail Block: Responding to a flash poll and a listener question about real-time open interest updates from OCC.

• 30:10 - Around the Block: Hosts share what they'll be watching in the markets, including employment numbers and unusual options flow.

• 32:55 - Outro and final sponsor information.