RUSH TRANSCRIPT Abigail doolittle ░░░░░░░░ here for options insights ░░░░░░░░ Abigail the word to ░░░░░░░░ the week is volatility ░░░░░░░░ the vix at 1 ░░░░░░░░ 40 now at 30 ░░░░░░░░ up and down up ░░░░░░░░ stocks but down on ░░░░░░░░ week as you were ░░░░░░░░ Jack is very volatile ░░░░░░░░ right now on the ░░░░░░░░ mentioning tech right now ░░░░░░░░ volatile Our guest joins ░░░░░░░░ now Kevin calley Kelly ░░░░░░░░ s There seems to ░░░░░░░░ a diversion to an ░░░░░░░░ vergence in types of ░░░░░░░░ Kevin the xl k ░░░░░░░░ the tech sector of ░░░░░░░░ and apple your saying ░░░░░░░░ 6 times the amount ░░░░░░░░ calls versus puts Conversely ░░░░░░░░ you look at the ░░░░░░░░ that is Google and ░░░░░░░░ Facebook banta Meta Facebook ░░░░░░░░ all tech being created ░░░░░░░░ Google trading below its ░░░░░░░░ day moving average so ░░░░░░░░ could be uncertainty around ░░░░░░░░ are in general tech ░░░░░░░░ If you are willing ░░░░░░░░ put more money to ░░░░░░░░ in the options space ░░░░░░░░ are doing it in ░░░░░░░░ tech sector the companies ░░░░░░░░ have reported and have ░░░░░░░░ earnings Visa is doing ░░░░░░░░ a trading about moving ░░░░░░░░ The next thing to ░░░░░░░░ in the xlx is ░░░░░░░░ on the 16th trading ░░░░░░░░ its 200 day moving ░░░░░░░░ Sonali ships are getting ░░░░░░░░ maybe an upside to ░░░░░░░░ We are looking at ░░░░░░░░ your today board showing ░░░░░░░░ the xlx is down ░░░░░░░░ than the xlc on ░░░░░░░░ year is that catch ░░░░░░░░ attentional Kevin absolutely because ░░░░░░░░ were bearish on it ░░░░░░░░ you look at valuation ░░░░░░░░ fundamentals on it is ░░░░░░░░ draining out elevated earnings ░░░░░░░░ you are trading above ░░░░░░░░ market multiples You look ░░░░░░░░ apple apple is trading ░░░░░░░░ 30 times above forward ░░░░░░░░ You look at that ░░░░░░░░ a ok we have ░░░░░░░░ rates going up it ░░░░░░░░ priced for protection priced ░░░░░░░░ perfection because interest rates ░░░░░░░░ t impact them they ░░░░░░░░ all cash on their ░░░░░░░░ sheet and are getting ░░░░░░░░ and opportunistic Abigail you ░░░░░░░░ the person first talking ░░░░░░░░ the the vexed v ░░░░░░░░ vicks or the vix ░░░░░░░░ the vix do you ░░░░░░░░ I quality tech names ░░░░░░░░ be brought up Kevin ░░░░░░░░ are outside the deviation ░░░░░░░░ historical norms on volatility ░░░░░░░░ if you get three ░░░░░░░░ closing about that you ░░░░░░░░ to see uncertainty and ░░░░░░░░ starts coming down We ░░░░░░░░ seeing a bottoming formation ░░░░░░░░ coming back vis a ░░░░░░░░ the v vix where ░░░░░░░░ is showing uncertainty within ░░░░░░░░ and capitulation and you ░░░░░░░░ seeing vix trading above ░░░░░░░░ above the historical norm ░░░░░░░░ you get three days ░░░░░░░░ with that it tends ░░░░░░░░ come back down With ░░░░░░░░ and on stash and ░░░░░░░░ around Microsoft and apple ░░░░░░░░ are seeing a bottom ░░░░░░░░ romaine, back to you.