So here’s the thing. If J Pow lowers the rates by 25 BPS. We are bound for another downturn. If he lowers them by 50 BPS. Everyone will be unsatisfied. Leading to another day of red. In all likeliness it’s safe to say rates will not be lowered by an amount above 50 BPS. In essence There’s still a chance that he doesn’t even touch the rates. Although extremely unlikely. That is why I’m loading up on Sep 20 IVV 565 Puts. SEPTEMBEAR 🔪🩸📉

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