Lorne Michaels has previously said "It could easily be Tina Fey" when asked about potential successors. Jost has surged to 71¢, up 38¢, while Fey climbed to 77¢, up 29¢. The volume tells the story — Jost's market saw 966 contracts traded while Fey's had 415. Both Jost and Michael Che have acknowledged the enormity of replacing Michaels, with Jost noting the pressure of network dealings and ratings concerns. The market movement suggests traders are positioning for an announcement as SNL's 50th season concludes. With speculation about Jost potentially leaving SNL, his odds rising paradoxically suggests the succession conversation is intensifying.