The market LOVED that the Fed raised rates by a half-point followed by Powell’s comments yesterday.
But it seems that the shine may have worn off overnight because the Dow is falling fast this morning…
Down more than 1100 points and 3.3% as I write this.
Of course in this market, we might be up 1000 points by the time you read this message.
We are seeing gains and losses that used to take a year happening in a day at this point.
I’ve been talking about volatility in options trading over the last few days. Yesterday I pointed out how increased interest rates can lead to higher volatility according to Christopher Cole of Artemis Capital.
I ended yesterday’s article with this:
“If the Fed gets as aggressive as some people think we could see an extended period of volatility. Which should translate into opportunity.”
That’s what I am looking for right now…
The opportunity in this fiasco.
It’s there, and I’m honing in on it for my Options360 subscribers. Still, structuring the trade is as important (maybe more important) than finding a trade to begin with.
This kind of whipsaw action can deliver significant profits for traders…
However, it can also crush us if a trade goes against us.
Making sure you structure your trades the right way is more important than ever.
That’s what I want to help you do with a trial membership to Options360.
Check it out here for just $19. It’ll be the best money you ever spent!
To Your Success,
Steve
PS. Yesterday we closed the put spread in VIX I mentioned in Tuesday for a 40% gain in 2 days. (Monday – Wednesday)
Not bad, and it’s a good representation of what can be accomplished in this market with proper trade selection and structure.
Let’s get to work helping you build the wealth you want with these kinds of trades…