The FOMC meeting is tomorrow. There has been lots of debate as the wether there will be a 25bps hike or no rate hike at all
FedWatch has a 25bps hike probability of 86.4% and 13.6% for no hike
Here’s one idea of how to play the FOMC market reaction:
A strangle option…
If you… pic.twitter.com/M77D8vYFFL
— AlphaPicks (@AlphaPicks) March 21, 2023