Implied volatility is on top of realized volatility while entering a 2-week period, notes Zed Francis. He joins Oliver Renick to discuss what we learned from 2023. He talks about how we usually see the skew this flat during a pullback. He highlights that it's more rare to have a strong rally with low implied volatility and flat skew. He goes over what a flat skew means for options. Tune in to find out more about the stock market today.