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The Volatility of the Market
The VIX is at 30, but it was at a high of what, I don't know, 39 or something like that? When I see a VIX at 39, I think, uh-oh, you know, we're, the apocalypse is here. So in reality, the VIX move has been purely delta. It's been purely the fact that we've moved out of money strike from 4850 to 4150. That's the 700-point sell-off in S&P. But right now, people are just expecting this market to eat kids way lower as the market re-prices what the hell's going on.