Jim Schultz discusses the lackluster market activity despite expectations of high notional expiration, highlighting declines in indices, including ES, NASDAQ futures, Russell 2000, and bonds. Surprisingly, volatility, measured by the VIX, also fell. He praises the "do nothing strategy" in managing short strangles, exemplified by IWM's favorable movement. Plans to minimize trade adjustment stress. The market's puzzling behavior is contrasted by marginal gains in Apple and Target, reminding listeners the importance of patience and strategic composure.