With today’s 2 p.m. ET announcement on rate hikes taking center stage, there is little to do but wait and remain at the mercy of this upcoming news event and the transitory chaos, up or down, it is likely to bring. On a brighter note, any reasonably positive close on TSLA looks likely to generate a second, and this time Intermediate Term, Buy Signal. As was posted yesterday in the Premium Service afternoon update, upon the generation of an Intermediate Term Buy Signal we will be buying the Jan 2025 $420C in the Premium Option Portfolio. PRO ETF Puts - Transitory risk on FED Day VIX - Rolled up in strike and expiration from Mar 22 $25C to Apr 19 $30C
