 and welcome all to the two p.m. update here at TFNN. Of course, many people are discussing the midterms. I don't know if that's actually going to affect the election, or I mean the markets that much. Hard to tell. I don't think so. There's some things probably coming after the elections that will. Maybe we'll talk about those later this week. Volume was poor down about 20-25% on Monday from Friday. Volume continues to be very light and not a big fan of just having markets move higher on lighter volume. Also a little worried about the lack of anybody being short, especially yesterday. We had almost some historical lows and the call ratio for the VIX, which is always an indication that if something bad happens, there aren't going to be a lot of people to cover on the way lower. Delta neutrals tomorrow for options expiration. So besides the elections, expect a huge amount of range generally associated it. If you're unfamiliar with what delta neutral means on a monthly basis, that is the day that options market makers buy and sell and push and shove to try to get the risk down to nothing, no matter which way the market moves on the last seven trading days before the monthly options expiration. And that involves adding buying equities, selling and buying puts and calls. The idea is just to get it down to where not a lot of risk left over. Mostly in the late 90s, there were a couple of people that won Nobel Prizes for the Black Shoals algorithm. And they kind of figured out fairly quickly that you don't want to have a lot of risk the last eight. It's actually problematic. Anyway, we'll talk about this and more on the show in just a few minutes. We'll be right back. The reality is that navigating financial markets can be risky. Markets can be chaotic and difficult to understand. Having the latest