#FOMC

Reminder that the next fed decision I believe is scheduled for Dec 16, 2 days before Dec monthly expiration.  I currently have not opened any #VXX related positions for Dec 24 or Dec 31 expirations.  I plan to hold off until we get close to the Fed meeting.

I expect that volatility could get elevated prior to the meeting, then just about a coin toss as to what the market will do in response.