Monica [ voice breaking ] anybody who wants to support my mom, [bleep] go for it. Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monic
Welcome, everybody good to have you here with us on options action. Obviously escalating coronavirus fears ripping through the markets all this week. 96 of the s p 500 now in correction territory or worse, meaning down below 10 from the highs. All three major indexes handing in their worst week. The financial crisis since 2008. The dow shedding 3600 points more than 10 down energy and financials, the largest victims of the selloff both down more than 13 in the last week. If you are wondering how to protect your portfolio, who isnt, amid this madness, our team of options workers are here carter werth, tony zhang and mike khouw we know this was an historic week for stocks and bonds. Mike, in any way was it historic for the Options Market yeah. I think anything thats going to be an historic move for equities is going to be an historic move for options on those same equities this is certainly one of those same cases we had the vix get almost up to 50 at some point today so that obviously i
Begin. Welcome, everybody, good to have you here with us on options action. Obviously escalating coronavirus fears ripping through the markets all this week. 96 of the s p 500 now in correction territory or worse meaning down more than 10 from its highs. All three major indexes handing in their worst week since the financial crisis in 2008 the dow shedded around 3,600 points, more than 10 . All sectors of the s p 500 down more than 10 from their 52week highs. But it was energy and financials the largest victims of the selloff. Both sectors down more than 13 in the past week so if you are wondering how to protect your portfolio and who isnt, amid this market madness, our team of options traders are here to break it down for you. With us for the next half hour, tony worth, tony zhang and mike khouw. Mike, in any way was it historic for the Options Market yeah, anything thats going to be a historic move for equities is going to be a historic move for options on those same equities, and th