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Soapycreek t1_j6jz1z7 wrote

100 basis points! Do it! Burn it down!

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Past_Tangelo1827 OP t1_j6m6lyy wrote

Yeah do a 100 bps hike and get it over with.

These meetings are fucking headache

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grimkhor t1_j6k7pe6 wrote

What do you mean by calm? Everything was red today.

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Past_Tangelo1827 OP t1_j6m6fjg wrote

Still it was calm and slow. This was only some profit booking. Wouldn’t call this a fall.

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grimkhor t1_j6m6wtx wrote

This is literally how the market moves and esp. indexes 99.99% of the time besides crashes, bankruptcies or following recoveries. If you think this is not a meaningful move in an index you are either not invested in any index or you are a perma bear that prays for the 99% drop every day.

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Past_Tangelo1827 OP t1_j6oo26d wrote

I was short on 20 lots 0 DTE SPY puts but Monday market never made me panic on my position. So that is why I said despite fall market felt calm to me otherwise Gamma spike would have forced me to cut my position

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DrunkOrange69 t1_j6l6ybc wrote

There is no god damn way it's only going to be a 25bp hike, 50 at least and 75 isn't surprising

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VisualMod t1_j6jvgy7 wrote

>There is always a certain amount of uncertainty surrounding major events like the FOMC meeting, but from what I can see the markets are generally calm and expectant of a 25bps rate hike. However, as you say, there are many other unknown variables that could impact the economy in different ways, so it's impossible to predict exactly how things will play out.

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