Hosts Liz and Tony welcomed researcher Kai to analyze an exceptionally volatile week driven by broad market pullback rather than specific events. Thursday's dramatic action featured NVIDIA's positive earnings followed by 1.5% initial rally that completely reversed into 3% sell-off, creating the third-largest open-to-close downside move on record at 199 points. Kai's zero-DTE analysis revealed that mechanical 20-delta $20-wide iron condors closed profitably before 10:30am on four of five trading days, with only Thursday's relentless selling (no dip-buying) resulting in max loss. The hosts noted the 10:30am timeframe potentially coincides with European market close, creating natural inflection points. Earnings season statistics deteriorated to 47% winners with -0.3% average returns (down from typical 50-50 split), suggesting weaker-than-expected results. AMD led decliners down 15% with 48 IV rank creating opportunities, while Google rallied $12 toward new highs. The abbreviated Thanksgiving week features limited earnings (BABA, Best Buy) with markets closing Thursday and early Friday.