matt0311 7:23 am on Wednesday, April 29, 2026
Tags: FuzzyLEAPs ( 197 )

SPX #fuzzyleaps With the FED…

SPX

#fuzzyleaps
With the FED Decision pending, will you wait to roll?

fuzzballl 7:32 am on Wednesday, April 29, 2026

Might not be a bad idea. Could get some swings to play and won’t lose much juice tomorrow since all the big earnings are after the close.

I’ve got 7100, 7125 and 7150 positions. I’ll roll 7100 on a dip, wait for some theta to come out of 7125, and roll 7150 on a bounce.
bikeeagle1 7:38 am on Wednesday, April 29, 2026

Good question, but I went ahead and rolled now because I will be out today. I don’t think there is any doubt that the rate will stay the same. You never know what Powell will say at the press conference though. That could cause some swings, but I do think he will try to be as benign as possible, since this will be his last meeting as Fed Chair.