If you have not heard the Fed raised the discount rate yesterday. They want to bring back regular monetary policy; I think this will be a one day event. But with this one day event volatilities are going to be higher and premiums are going to be juiced. I also think this volatility pop we get today will quickly get crushed back down next week, so today I will be selling Vega.
The plan is to sell a low probability condor, below is an idea of what I will be doing. As always I will keep you posted on my actually position.
No comments:
Post a Comment