Trading activity varied for hosts Jermal Chandler and Errol Coleman this week following FOMC uncertainty and market consolidation at all-time highs. Coleman initiated his first Nasdaq position of the week with a short entry at 25,980, while Chandler managed multiple calendar call spreads across tech earnings stocks.

Both traders discussed position management strategies in the current environment, with Chandler emphasizing patience on his Oracle and Micron strangles rather than rushing to close trades. His portfolio consists primarily of short delta positions balanced with strategic long exposure through calendar spreads and zebras.

The hosts noted VIX's unusual upward movement despite minimal market directional bias and discussed potential market pullback scenarios, with the observation that even a 10% drop would only return the S&P to June 2024 levels.