$SPY: GET YOUR FOMC LOTTOS HERE!!

Looking to get a lotto for tomorrow's FOMC. It looks like the PA is trying to get back into the trend channel. We are still near ATH and JPOW could launch this into Mars. As always like any other FOMC play VERY HIGH RISK!! Do not buy if you cannot afford the loss, which is what you should assume going into playing FOMC. Waiting to see if todays PA will have a pull back to $513 to buy calls at a cheaper price. Premiums are inflated right now but looking for OTM week or 2 out.

Comment:

Another idea would be to buy a PUT if this PA stays up or goes higher for the remainder of the day. Watching both Calls and Puts.

Trade active:

The idea is to play both sides tomorrow but timing and entry will determine the outcome of your lotto. Saw a opportunity (or maybe FOMO) to get a PUT $490 P exp 3/28. If she drops before EOD might buy a call after around same range.

Trade closed: stop reached:

Got stopped on puts and I wasnt able to hit my buy target for Calls before the rocket. Still shouldve bought calls to hold overnight. Alot of momentum. Gratz if you were on the correct side of FOMC.