Should I do a FOMC strangle/ straddle play? Read here.

So, what's the best way to play FOMC? Probably a strangle. According to last FOMC on 9/20 your calls would have printed around +50% or more.

Assuming you sold and held your puts, your puts would have given you an extra 200% to 300%.

You can do this on any stock obviously. Don't get greedy. Best decision might be to stay out of course.

Choosing a definite direction (i.e. holding calls/ puts only without a hedge) is pure gambling.

Good luck. Welcome to follow for trade ideas.

FOMC chart 9/20:

kingdips

CEO & full-time trader.

🔥 Join the free community: discord.gg/buythedip

FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

kingdips

Also on: