Liz Dierking and Jenny Andrews discuss market volatility expectations for 2026, predicting potentially lower volatility with a steady upward grind. Using SPX options data, they analyze the expected price range for next year, suggesting the index could trade between 5817-7817 from its current 6817 level, with both hosts favoring the upside target.

The duo highlights attractive high-volatility trading opportunities in metals (silver, gold), exploring iron condor strategies in SLV with an 83 volatility rank. They also evaluate trade setups in Firefly Aerospace (FLY), micro crude oil (MCL), and Oracle, which has dropped from $340 to $185.

For current market conditions, they note Bitcoin's decline to $86,000 from its early-year $95,000 level and discuss how the 2025 stock market rally has been narrowly led by tech stocks that are now showing weakness.