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Marvin_KillDozer t1_j6nza7e wrote

i thought the announcement was today....I bought puts ....I can only hope this is a pump and dump

21

NickSalacious t1_j6o1t1k wrote

The important part comes AFTER the rate hike. The press conference where JPow tells us whether or not we keep going could move the market either way.

16

paulc19802 t1_j6pbhu2 wrote

Of course we keep going.

He's said a million times they will keep going until they hit their goals. No one should be surprised by this.

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onlyonebread t1_j6nzfze wrote

there's no downside to being wrong but if you somehow miraculously turn out to be right you look like a genius

10

evil-poptart OP t1_j6o1lp4 wrote

Downside to being wrong is confirmation of bull market and an uncontrollable run up tearing a new hole in bears.

5

fleshlyLoath t1_j6o0nrk wrote

Ye kinda. Predicting the most plausable option is lame

2

prometheus2508 t1_j6o1ti5 wrote

>The market priced in 99%+ chance of 25 BP.

You answered your own question, regard

4

Dangerous_Ad4451 t1_j6o4e8o wrote

They are contrariansđŸ¤ª It is not about being right; it is about the culture.

1

value1024 t1_j6omd1m wrote

"But then everyone here is like "bRB BuYiNg sPy $200p 0DtE!!! 50-75 bp is coming! Why they do dis?"

Because everyone here is a hedge fund derivatives trader, and douches like you who say "retail" are actual retail traders who buy and hold SPY.

So, fuck off and go buy SPY calls on your bloomberg, fuckwad.

1

paulc19802 t1_j6pbcb6 wrote

Because they've already purchased far out puts and are living in denial.

1