Bonds are sliding, rates are rising, and stocks are still sitting near all-time highs. What gives? Tony Battista joins Adam Mesh on The Drift to break down the bond market warning, the options trades they're making in TLT and QQQ, and how they're positioning ahead of Micron (MU) earnings. Tony walks through his "stupid trade" in TLT: a long call spread paired with a naked short put to get bullish on bonds while implied volatility is elevated. He also explains why the Russell 2000 keeps lagging as yields climb. The two debate whether AI should trade for you, what automated 0DTE SPX strategies actually look like, and why AI got Tony's own trade wrong. Plus: selling short-dated QQQ puts as a placeholder into earnings, naked puts vs. spreads (and why account size changes the math), call diagonal spreads and SoFi bull put spreads for smaller accounts, and a viewer question on whether the low-VIX era is over for good. ━━━━━━━━━━━━━━━━━ 👥 Hosts: Adam Mesh is a stock trader, entreprene...