The market is getting more and more frothy the higher it goes. Volatility is seeping away, expectations become less clear because of the disconnect between the Fed narrative and reality. We call it opposite world. The world where good is bad, and bad is actually very good. It's the psyche of a drug addict, who knows that next fix just drags them further down the hole of despair, but man it feels so good.

Ernie examines this opposite world and how it is just a symptom of a horrible Fed created disease. Of course this macro diagnosis is enlightening and all, but what does it mean for the options trader, how is it affecting premiums? Tune in to find out.

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