. >> coca-coloca-cola, prok or g. and we saw them in the options market. two times as many bullish spreads traded as put option. and coke, four for every put. the volume wasn't necessarily huge, but there's bullish speculation in the consumer staple companies. this is a sector up 4% on the year. far outpacing the broader market overall. some of these big names, especially consumer staples showing nice options action. back to you. >> the question is the bullish traders right. go to the chart master, carter worth. what do you see? >> this is a fear-based approach to markets. people who don't like what they see but have to be long. big pension plans and so forth, they buy defensively. usually it comes to an end. take a look. here is, just to set it up, going back to the early 1980s, the sector, staples versus s&p. it's an epic period of outperformance over that time frame. you have to wonder what's left in the trade after that. but more immediately, the strength of the last six or eight months has taken us above these well-defined lows and highs of the channe