During this 0.75% surprise rate cut, purchased some .QQQFR (QQQQ June $44 Call) options.
Altough I catched most of the upside move, only made modest profits.
Options were expensive, volatility jacked up.
So, during Fed cuts options are not a good choice?
(Unless you buy them some days earlier, with volatilty premium at still reasonable levels)?
Altough I catched most of the upside move, only made modest profits.
Options were expensive, volatility jacked up.
So, during Fed cuts options are not a good choice?
(Unless you buy them some days earlier, with volatilty premium at still reasonable levels)?