FOMC trades

[misterkel]

The FOMC meeting is causing a massive spike in vol, especially on SPY/SPX.
Anybody trading the vol collapse? Or is there not a good R/R setup?
Vol is 64% for today's expiry and only 35% for tomorrows.

 

[mervyn]

you can sell vol put options back to 18-20ish in few months, but not intraday.

 

[destriero]

The FOMC meeting is causing a massive spike in vol, especially on SPY/SPX.
Anybody trading the vol collapse? Or is there not a good R/R setup?
Vol is 64% for today's expiry and only 35% for tomorrows.

lol

 

[newwurldmn]

lol

35 vols of free monies!

 

[s trader]

I had fun trading today. They should have fed announcement day every week.

 

[Branos]

If FED announcements were everyday then it would be so much fun

 

[Adam777]

Definitely fun! Set up some spy long strangles, go to sleep, wake up, and targets on both sides of the straddle got hit. Easy money