The markets are seeing red this Thursday, but the action in the pits is heating up. Join Mark Longo, Henry "The Flowmaster" Schwartz, and "Uncle Mike" Tosaw as they break down a wild session dominated by geopolitical tension, spiking energy prices, and some very curious "unusual activity."

In this episode, the panel dives into:

• The Trading Block: A look at the "Blood Red Thursday" playbook. With the S&P, Dow, and Nasdaq all sliding, why are VIX puts seeing massive volume? Plus, a look at the "Mag 10" and why small caps are finally feeling the heat.

• Suspicious Paper: The team revisits last week's look at Brown-Forman (BF.B). Was it luck, or did someone know something? The stock exploded 15% on merger rumors exactly as the unusual call activity predicted.

• Odd Block: Henry highlights unusual bullish flow in Momo (MOMO) and the high-juice world of Bit Deer (BTDR). Is it time to sell covered calls on crypto miners?

• Earnings Insight: Why "Love Sack" (LOVE) is the surprise winner of the day and what's expected for Nike's upcoming move.

• Mail Block: The listeners weigh in—will the Fed actually cut rates this year? The results are closer than you think.

The markets are shot out of a cannon this Monday! Host Mark Longo is joined by Uncle Mike Tosaw and Andrew "The Rock Lobster" Giovanizzi to break down a wild "Bounce Back" session driven by shifting geopolitical headlines and "weekend risk" reversals.

On this episode, the panel dives into:

• The Trading Block: A massive reversal in the S&P 500 and Nasdaq. Is the "Taco Trade" back in play? Plus, a look at VIX cash flirting with 26 and a surge in April 30 calls.

• Odd Block: Unusual activity in a newcomer—TetraTech (TTEK)–and a potential "rubber rebound" in Goodyear Tire (GT).

• Strategy Block: Uncle Mike shares a "tool for the toolbox" for covered call writers caught in a downtrend.

• Mail Block: The panel debates: Will the Fed actually cut rates again in 2026?

Plus, find out if you know what a "somnambulist" is in our 80s Trivia Challenge!

The "Thursday Effect" strikes again as geopolitical tensions in the Middle East send markets tumbling and volatility spiking. Host Mark Longo is back in the Chicago studio to break down a "Blood-Red Thursday" alongside "Uncle" Mike Tosaw and Henry "The Flowmaster" Schwartz.

The panel dives into the massive VIX rolls, the curious lack of a "flight to quality" in bonds and gold, and why the S&P 500 is struggling to hold the 6500 level. Plus, we look at why traders are suddenly piling into coal and spirits.

In this episode, we discuss:

• The Trading Block: Market reaction to Middle East escalations, surging oil, and the VIX hitting 25.

• VIX Watch: A massive 250,000-contract roll in May/August 47.50 calls.

• The Odd Block: Unusual activity in Alliance Resource Partners (ARLP) and a speculative flurry in Brown-Forman (BF.B).

• Mail Block: What's keeping traders up at night? Geopolitical risk vs. sky-high valuations.

• Around the Block: What to watch as we head into the weekend, including FedEx earnings and the "Oil VIX" (OVX).