The Investment Thread

When the market opens I’m buying some calls and puts that expire Friday well out of the money for pennies. If Fed comes out and scares the markets into a sell off the puts hit. If Fed comes out and presents a slower tightening plan markets will soar. Even if Fed comes out and raises .50 and starts to reduce balance sheet like everyone is expecting then the market is likely to react violently one way or the other. Basically I’m just betting the market isn’t going to stay flat. I’ve been doing these straddles on FED day the past few months and it’s been paying out big.