Lite data Holiday week. FOMC minutes showed that opinions were mixed in the 9-3 vote to cut rates on Dec 10th. Its important to note that four new regional presidents will be voting in the new year including "inflation hawks" Beth Hammack & Neel Kashkari. Chairman Powell's term is set to expire on May 15th.
The odds of a 25 bp cut at the Fed's Jan 28th meeting has lowered to 14.9%. Vols were mixed this week (see attached spd sheet).
This week’s straddle report is a wide spreadsheet, best viewed full screen.
Open report full screen Download PDFsfrf6 sfrg6 sfrh6 9625 p strip paper paid 1 on 8k Ref 96.49
sfrf6 9643 9637 p 1x2 paper paid 1.25 5kx
sfrf6 9662 9668 9675 9687 c cond paper paid .5 5kx
sfrg6 9643 9650 9656 9662 c condor paper paid 1.75 5kx
sfrg6 9643 9656 9662 9675 c condor paper paid 3.75 6kx
sfrg6 9631 put vs sfrh6 9637 9631 ps paper paid 1.25 8kx ref 96.49
sfrh6 9650 ^ vs 9662 call paper sold 5k at 12.25
sfrh6 9637 9631 ps paper paid 1.75 5Kx
sfrh6 9650 9656 cs (tied 96.505 d10) paper sold 4k @ 2.5
sfrh6 sfrm6 9625 9600 ps stupid paper paid .5 5kx
sfrm6 9643 9631 9618 p fly paper paid 2-2.25 7500x ref 96.70
sfrm6 9625 9600 ps paper paid .25 5kx
sfru6 9675 9625 ps 1x3 paper sold 5k @ 9 (-1 leg) Ref 96.87
sfru6 9643 9625 ps 1x2 paper paid 0.5 on 5k (+1 leg) Ref 96.87
sfrz6 9900 call (tied 96.94 d04) paper paid 2.25 20kx
sfrh7 9675 p paper sold 2.5k @ 23.5 Ref 96.90
0qf6 9693^ paper paid 14 2kx ref 96.915
0qf6 9700 9725 cs (tied 96.885 d22) paper sold 10k @ 2.25
0qh6 9700 9750 cs vs 9675 put paper paid .00 3kx +cs ref 96.885
0qh6 9700 ^ (tied 96.90 d22) paper paid 30.5 2kx
0qz6 9750 9800 cs paper paid 6 20k Ref 96.78
2qh6 9712 9731 cs paper paid 1.5 5kx ref 96.715
2qh6 9725 9737 c stupid (tied 96.71 d13) paper paid 3 2500x
2qm6 9762 call (tied 96.65 d06) paper paid 2 \3kx
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