The Week Ahead
I had a great week on all fronts last week, from short-term trades to my 20-year position.
I'm going to continue holding the CL Oct 61/69 risk reversal. Last week, I made four max gain spread trades, all of which were held until expiry to capture the maximum gain…
On Monday, I shared a 5525/5550 call spread at 7.2.
On Wednesday, I shared a 5425/5435 bull put at -5.7.
On Thursday, I gave two trades…
SPX 5570/5590 call spread at 3.9.
MSFT 425/430 call spread at 0.72.
I am keeping this post short and sweet as the Fed rate decision comes on Wednesday. Current Fed Fund pricing, at the time of writing, has a 50bp cut at a 59% probability and a 25bp cut at 41%.
All weekend, my main focus and thought has been about the current rate pricing, which hasn’t made much sense to me.