This week Real Vision’s Roger Hirst uses Refinitiv's best-in-class data to look at the impact that the options market is having on US equity volatility, where one player has captured the headlines. But are they the biggest fish in the ocean? It may be the smaller fish who are causing the biggest stir. In the Chatter, we look at how the volatility in US equities is spilling over into other assets and what to look at for signs of true contagion. In the Whisper, we look at the quarterly options expiry, which may also be having an influence on some of these outsized equity moves.