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Options Trading Mid-Week Update: Fed Day Done, Now What?

Happy Wednesday and happy Fed Day! The last FOMC event on January 5th changed the sentiment of the market to a “short the pops” environment. Today we had our next Fed event and after hearing from Federal Reserve Chairman Jerome Powell, the market rolled over and tanked. We’re in a vulnerable and volatile market, so let’s discuss upcoming opportunities and setups amid the Fed news and earnings.