Dovish Fed Can No Longer Lift the Market - Start Selling Put Options Today and Ease In

One Option Trading Blog http://ift.tt/1KqwkzM IF YOU WANT MY COMMENTS BEFORE THE OPEN EVERY DAY - GET THE 1OPTION PLATFORM Posted 9:30 AM ET - The Fed left rates unchanged and the market pulled back on the news. I did not expect that and like most traders I watched in disbelief. I thought we would get a nice rally so I sold VXX and bought SPY calls. Both trades made great money, but I had to shut them down quickly By the close the market reversed and went negative. This was effectively a rate cut and the market could not even sustain …