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The Volatility of Tomorrow
I'm thinking, until Russia, Ukraine gets resolved, and God knows when that will be, right? We are looking at a 20-25 vol floor in the VIX. That's kind of, you know, on the low end, that's where I think we're gonna definitely see a lot of support in the S&P. And then you look at the intraday moves. There is a bit of an anchor, that intraday volatility does provide a bit ofAnchor into that implied vol - which stops it from collapsing if there's enough movement. But if intraday, including high lows, is like 40, how low do you see the vol really