We're kicking off the week with drones, drunkards and plenty of unusual options action on this episode of The Option Block.

Mark Longo is joined by Andrew "The Rock Lobster" Giovinazzi from Option Pit and "Uncle" Mike Tosaw from St. Charles Wealth Management to break down the latest moves across the options markets.

On this episode, we discuss:

A red start to the week and what the VIX is telling us
The latest action in Tesla, NVIDIA, Apple, Micron and other heavily traded names
Some surprising activity in small-cap options
A wild surge in Draganfly (DPRO) calls as drone stocks light up the tape
Aggressive put buying in Revolve Group (RVLV)
The upcoming earnings volatility picture for Dell, Ollie's Bargain Outlet, Five Below, Snowflake and Lululemon
Using index puts to hedge a stock portfolio
Whether low volatility and stocks near their highs make this an attractive time to consider portfolio protection
What the crew is watching as we move beyond the dog days of summer
Plus, W.C. Fields, Dean Martin, Johnny Carson and a surprisingly difficult round of legendary-drunkard trivia

It's another packed episode of options activity, strategy, market analysis and questionable humor on The Option Block.

The Option Block 1496: Drone Crazies & Legendary Drunkards

The Options Insider Radio Network

The Option Block 1496: Drone Crazies & Legendary Drunkards