The S&P 500 hits fresh all-time highs while options traders unleash record-setting volume across the market. On this episode of The Option Block, Mark "The Voice of Options" Longo, Andrew "The Rock Lobster" Giovinazzi and "Uncle" Mike Tosaw examine the resurgence in software stocks, the speculative boom in space-related names, massive moves in Micron, Oracle, Microsoft, Palantir and Nvidia, plus unusual options activity in Virgin Galactic and Taseko Mines.
The team also discusses VIX below 16, new highs in the market, earnings season, copper demand, AI-driven rallies and the elimination of the Pattern Day Trader rule. Other topics in this episode included:
🔹 Record options volume
🔹 Space stock speculation
🔹 AI and software resurgence
🔹 Micron options frenzy
🔹 Virgin Galactic unusual activity
🔹 VIX analysis
🔹 Earnings preview
🔹 Strategy Block with Uncle Mike