Win or Lose, We booze. Playing the news for the first time, If this goes well, vodka for everyone!
My Play: 260 * 0.11 March 23, S 250 OTM Puts (Already considered total loss, IDC but if it goes there then it goes there :D)
Hedge: 50* 1.63 Jun 21, S325 OTM Calls
Sell order: $3.00 per Puts = $78Kish profit.
Max Loss: 10.5Kish loss.
Gold going up,
Treasure yield going up,
News Source: https://www.wsj.com/livecoverage/federal...
All Ideas are my personal opinion based on TA, they are not to be considered as actionable investment/trading advice.
Past performance doesn't guarantee future results. Do your own due diligence.