sheelah kolhatkar from "bloomberg businessweek," thank you.cially with reed brodsky, talking about insider trading. she knows a little bit about that. tomorrow, congress has been looking this week at high frequency trading and whether it is fair to all investors. we will talk to the president of bats, it will brian, so stay tuned for that. right now though, it is 56 minutes past the hour. bloomberg tv is on the markets. alix steel has more. >> thank you. all eyes are on the fed today as investors hope to get some clarity on when the central bank may actually start to raise rates, and joining me for the options insight with a look at where traders are looking at where the market is headed, anjuj. you really cannot get to bearish. what do you think? >> i think technical levels say we are headed higher. fomc is a big decision people are waiting for. we expect them to come down a little bit. >> from the 12-level? down today with option settled at 1174 because there was mixed expiration this morning and about 10 and a half million time -- contract