How to Sell Volatility in the S&P 500

In particular in the S&P 500 right there are tons of structured products that will allow you to sell vol whether it's this JP Morgan structured trade which is not a, you know, a structured note per se but things like that. So that has the function of dampening down volatility in theS&P 500. And so the risk reward of these products ironically as interest rates go up are causing vol supply at the center of the complex and forcing this cycle to go longer than you would might expect.