 This is TFNN the tiger financial news network And welcome to the two o'clock update here at TFNN with me your host David White With a show coming up in just a minute and of course at the moment. We've got a whole lot of nothing We've got a the proverbial baby Ruth dropped in the punch bowl Yesterday with the BOE coming along The big problem is no one really knows what it means quite yet. We have to see we do know why Jamie Dimon was in the in England on Monday now apparently We weren't the first to hear about this apparently they were discussing it with the big movers and shakers Don't really see any other reason for him to be over there So they play in something don't know exactly what it is We've got a market that's with the S&P up What two points something like that now dows up 82 NASDAQs up 15 Russell's off six. So just kind of a quiet day so far Although a lot of people probably have a lot of reasons to think that maybe we're waiting for the other shoe to drop About 5.8 billion shares on the CBOE volume tape is very low So we're not we don't have a lot of people pushing Other than that, it's just a very quiet day Of course, normally we have more volatility on a day like this This is Delta neutral day where option market makers decide to hedge their bets And pretty much lock in any profits between now and the 21st, which is the monthly options expiration day So generally the way that those are set up mathematically is that the risk is Higher the last seven trading days than they would want to take Most times so what they'll do is they'll either bring in some of the existing options They have or sell more or buy more equities offset those Anyway, we'll be back in a minute That's it for today The reality is that navigating financial markets can