thanks to laura keller. let's go to the bloomberg business flash. apple has hit a major snag and connecting its watch to cellular networks. this is according to people with knowledge of the matter. the company still plans to announce new watch models. showtime has joined the list of stations planning to meet communications in court. the premium cable and satellite company using its recent acquisition of time warner cable to/licensing fees. harley davidson was accused of violating air pollution laws by selling the engine turners and will contribute another $3 million to mitigate air pollution onto the deal. and that is your bloomberg's nest flash update. still ahead in today's options insight, shares slightly positive for 2016 but still down 18% over the past 12 months. vonnie: this is a bloomberg markets. it's time now for options insight with julie hyman. you.: thank joining me for today's options insight is scott bauer. he's joining me in chicago. obviously there's not a lot of activity in stocks today but there's a watt of activity in oil where w

alex steele is up against a laura keller. ra: i've got an intriguing chart.ding and it shows us the s&p index, the price of that against these corporate insiders. we are showing the buys. this is legal insider trading? laura: it's all good. you have this explosion here of the financial executives who backed their own stocks around february when we had the bottoming out of the s&p 500. you have that going on and jamie bought 20 7 million of his own shares on that day, february 11. financial executives know how to buy. alix: i like her chart. this blue line are wages right now. the white line is wages in the 1980's. the purple line is productivity now in the pink line is productivity in the 1980's. we are having productivity lower than the 80's and wages higher than it was in the 1980's. this does notys make any sense. it's a dramatic drop-off in productivity which is overstated and perhaps there are structural issues like demographics and the decaying of the manufacturing sector. they said that will shift and pick back up with wages. i cannot understand that s

thank you very much, that was bloomberg's laura keller.n: coming up, we get to the stock movers. a toll.prices taking shares down four percentage points. counting down to the market open. the pound is weaker in global fx. this is bloomberg. ♪ alix: this is "bloomberg ." boebig news today is the rate cut decision. julie hyman is here with a check on the market. chesapeake missing earnings estimates posting the six straight quarterly loss. the company had breakdowns of its assets. -- $44 million in hedging losses. they are excluding one-time items of losses. revenue fell by 54%. we are also seeing declines per share of seaworld. attendance last quarter down around 500,000. the company said it was a drop in attendance specifically at the florida location. also a shift in timing of the holidays. that affected all of the park locations. the company cutting the forecast for the full year. shares are down by 11%. jonathan: we are quach are minutes away from the market open. let's get to the board. futures positive. the fuzzy up 1.5%. look at