Buy Puts If FOMC Reaction Is Negative - The Second Shoe Is About To Drop

One Option Trading Blog http://ift.tt/1TdQIcc Posted 10:00 AM ET - The first shoe has dropped. Apple missed earnings and the next big revenue generator is nowhere in sight. This mega cap tech stock will weigh on the market this morning. Later in the day the second shoe will drop and I believe the market will retreat. Global credit risks have subsided in the last two months. The Fed is likely to add the word "balanced" to its statement and that will be viewed as a hawkish. The market is addicted to easy money and this rally was the result of central bank money printing. Any hint …