we live and learn. therein lies the wisdom in paper trading for a while. so we can make our learning mistakes for free.
be careful adding puts on this drop. imo, the LT direction is down. but as posted, i do expect them to run it up into next weds just as they did in sept.
if markets are going to drop after FOMC (regardless of what FOMC decides) then the casino will certainly want to unload their remaining assets as high as possible before the drop...
Don't count on a gap down, and they have already started painting up toward the close yesterday, so, you may get a shot some point between ( open - mid AM) would be my guess.
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