Next week's FOMC meeting, statement and Powell's press conference should be a doozy, but our Mar 17th expirations will not be around for market reaction. April 21st and Jun 16th are next up on our monthly options calendar, so roll accordingly. EEM - Another Key Level broken today as EEM looks headed into the low 30's to high 20's by mid-summer. The Mar position goes off the board on Friday, so take some or all of those gains and roll into Jun. VIX - Keep close tabs on VIX as it could be on its way to a triple digit print - something that would suggest a deeper systemic failure still to come. The VIX Mar 22nd monthly expiration calls should be rolled into Apr 19 calls no later than next Tuesday, while possibly and aggressively hanging on to a very small position into early next week. Mar 22nd Expiration Apr 19 Expiration
