Right, right.

Okay, so other than that, looking, I guess, more specifically at the S&P, part of what we do is follow sort of the option flows and looking at dealer positioning and so forth.

And I think last week at this time, we were in what they call a – positive gamma regime, which tends to suppress volatility.

And that sort of remains in place, although I think we slipped below what might have been what they call the gamma flip line just briefly or just barely, I guess.

And so we're kind of in a neutral gamma position right now in the S&P, which really is another way of saying there's no large influence from the dealer, the options dealer side of things right now.

If you're looking for bigger moves than the S&P, it's probably not going to come from them at this point in their positioning and repositioning their books and so forth.

I think the gamma flip line for today, earlier this morning at least, It's a moving target as prices move.

look.