this particular move if you look at the specific constituents of xlu, especially the major once, garrett energy, duke energy, southernco. these are companies trading at the same type of extreme exhaustion moves some really sets up well for this collapse if you will or a fade to move back to that mean reversion. but i think what's interesting sheer tiply the when an asset like this trades near all-time highs, the implied volatility of the options tend to be inexpensive. but that's not the case we soon for xlu. it's trading in 70th percentile relative to its previous year. within i look at this applied volatility, i would be more inclined to sell premium but looking at mike's debit spread the fact that he's able to collect one-third of the $76 put options premium and he has a risk/reward ratio here of over 3.5-to-1 i am far more inclined to take a debit spread when we fade these moves, we tend to see the collapse happen fairly quickly that's what will you get from the debit structure mike is useing carter, are we entering reversion territory for some of the other sectors that have done well since

created an opportunity to shift to a clean energy future that is historic in nature, and it's not done yet. we need more action from congress without question, garrett through this. and no matter what, we have tremendous ability in the administration to take the actions we need to give our kids a healthy and secure future. that's what we're all about and we're going to keep pushing. >> and i know you were pushing for half a trillion dollar in build back better. we'll see what becomes of that legislation. i have to ask you, though, the u.n. secretary-general said the other day -- he talked about a litany of broken climate promises, talking about the new u.n. climate report coming out. do you worry about unfulfilled pledges on things like climate, on things like gun violence, we talked about it yesterday with a different guest, being depressing to voters who supported democrats, who supported this president, really wanting big changes that they are not yet seeing on these issues? >> well, garrett, i think people are in their own communities seeing significant change. that's what the bipartisan infrastructure law can do. because we've already put out r

energy. morning live follows us on bbc one. let's find out what's in store. good morning. we are in all of lesiey— good morning. we are in all of lesley garrett's book shelf.'t put up with it. it's so mean. i'm great _ i wouldn't put up with it. it's so mean. i'm great at _ i wouldn't put up with it. it's so mean. i'm great at if _ i wouldn't put up with it. it's so mean. i'm great at if keep i i wouldn't put up with it. it's so i mean. i'm great at if keep going, jamie _ time now to get the news, travel and weather where you are. good morning from bbc london, i'm victoria hollins. extra police are patrolling an area of east ham, after an attack on muslim worshippers on tuesday night outside a mosque. it happened outside masjid bilal and islamic centre at about 9 o'clock as worshippers attended special prayers for islam's holy month of ramadan. men armed with bottles and hockey sticks are said to have carried out the attack and a bin containing paper was set on fire. a "complex" murder investigation is under way after three bodies were found at a property in buckinghamshire after what police have called a "targeted attack". a man and a woman, in their 60s,