over at the cme chicago board of trade i suppose to some degree it's been a perspective because of sales overall still dropping by a double-digit pace from a year ago but of these in the summertime racine an uptick in interest. that's right people were and think about buying a car this summer or this year will run until the car died are now buying cars with disincentives. would be think certainly some of these car companies have matured it is an increase in july but its fate is uncertain for august isn't it? but the senate is supposedly going to discuss just this week is not on their schedule yet so if nothing is done this weekend expire at the end of the week the only firm date i've heard to be confirmed is that if you buy a new car bomb through tomorrow been tuesday you'll still be good and you'll still get about her and other days like friday and haven't seen confirmed and will be the next day. a lot riding on the line simply saw in port number for the first uptick in in the long time here are we talking about more jobs in the auto industry that could be? the ball off that loan terms

todd colvin is with mf global at the cme group and dan deming is with stutland equities at the chicago board options exchange. guys welcome to the program taught the federal reserve trying to signal trying to play down any fear about the economy taking of the legwork? i don't think so. i think there will be done to give us a positive statement and if you go back to in 2006 when chairman was taking the reins the word they use less transparency at this last eight men with they didn't do was give us a transparent look of what they're rethinking because they want to show positive about the show the economy recovering and i think right now they are up and air air gonna give the october reading down the road september and october readings to tell us exactly that and i know it'll have an of clarity. how about the lack of clarity house that plane and options pricing the think? keep the volatility the vicks is holding a round 25 with to see over the last three or four days one or have 42% is indicating based on the big six that this is valued at 25 volatility so right now there pricing in the possibi