Market volatility staying compressed while big catalysts pile up on the calendar. This creates an interesting disconnect—assets are coiled up but not reacting as you'd expect to upcoming events. Traders watching the vol metrics have been flagging this pattern: when compression meets a crowded catalyst calendar, something usually gives. Either vol breaks out hard, or markets reprrice quickly once events actually land. The tension between subdued volatility readings and the weight of incoming catalysts is worth monitoring closely. How will spot prices and derivatives react when these scheduled events actually materialize? That's the real question driving positioning right now.