Remy Blaire: And with midday trade underway, let’s go over to Chicago. FINTECH.TV contributor Errol Coleman joins us live from the trading floor. Hi, Errol. Good afternoon to you. So here we are at this noon hour. We are looking at a recovery for the major US stock averages, but we’re still looking at Nvidia in the red. So what are you focused on over in Chicago?
Errol Coleman: Yeah, right now it’s been all eyes on Nvidia all day. We’ve seen quite the bullish response despite such a negative headline getting into this morning. Nvidia’s implied volatility right now for the next eight days is sitting at about 82.5%, so it lets us know that that underlying could potentially move about 6 to 16.5 points plus or minus in either direction over the next week. So it’s been all eyes on Nvidia, waiting to see if we’ll get more details coming out about, you know, [unclear: “the first affair of the second affair”] and then, you know, the overall impact. But the big question right now is who’s going to be the permanent CEO. I believe we had heard earlier today it was going to be Colette Kress, and I believe there are some other candidates that they have in conversation right now, like Ian Buck. And I think these are all internal candidates right now. But Polymarket right now is trying to price in, you know, who that permanent candidate is going to be.
Remy Blaire: Yeah. And as you mentioned, we’re also keeping a close eye on prediction markets given what’s happened at Nvidia. And you mentioned Ian Buck, who oversees Nvidia’s hyperscale as well as high performance computing business. And we will have to wait and see what happens. But apparently Jensen Huang will be testifying before Congress before the Thanksgiving Day holiday. So as we head into the rest of the month, what are you paying attention to over at Cboe?
Errol Coleman: You know what? I think it’s going to go back to the prediction markets, because just less than 24 hours ago, there was about a 13% chance that the prediction markets were pricing in that Jensen Huang would either be released or resigned from CEO by December 31st, 2026. Now, today, that’s flipped full circle in less than 24 hours. So again, right now, Polymarket is pricing in Ian Buck at 25% by the end of this year. Right now, Colette Kress at about 23.3%. Those are neck and neck. We also have a couple more candidates like [unclear: “Jay Pirie”], [unclear: “Michael Keegan”], [unclear: “Rein Hoss”], and again, all of these are candidates that are internal right now. I’d be curious to see if they scope out some other candidates that are outside of the organization. But again, it’s going to be all eyes on Nvidia and where the broader market goes from here. But I think everybody’s trying to figure out where this current AI theme is currently sitting. It’s been quite the activity this morning alone.
Remy Blaire: Yeah, a lot of question marks. And without a crystal ball, we don’t know. But something that I’m sure both of us will be paying attention to as we head into the rest of the month. So thank you so much for joining us today. And thank you so much for weighing in.
Errol Coleman: Thank you so much, Remy. We’ll see you in a little bit.
