The Influence of VIX and SPX on Volatility

Mike Green had a slide in there in his presentation where he was tracking the volume on both 30 days and one or two day contracts. So basically he's called zero DTEs and the amount of volume or the lack of volume I guess on the longer dated option contracts was quite astonishing. But yeah, John, Pokey, welcome. Bob, can you hear me? I can answer. How's the West Coast? It's another beautiful day in talking. Anyway, hey, fed question for some of the more educated fed watchers than myself. What is your opinion on are they actually going to start selling more securities instead of just letting them roll off?"