Today the S&P 500 (SPY) closed down about 0.5% after the FOMC minutes hit the tape. Traders didn’t panic — just a modest selloff — but enough to nudge volatility higher.
And honestly? I’m good with that.
The VIX moved up near 20, and that’s a sweet spot for me as someone who uses covered calls and cash-secured puts. This kind of respectful but manageable movement — not too hot, not too cold — is what makes these strategies sing.
📈 Waiting on Nvidia earnings now — and remember, the call after the numbers might be the real mover.
Later this week we get GDP and PCE, the Fed’s favorite inflation gauge. Big data = potential volatility = more opportunities.
Keep your eyes peeled — it’s a good environment for:
Covered calls when vol is up
Cash-secured puts when vol dips
And even a well-timed time spread or two
Hope that helps you think through your next move.
#CoveredCalls #VolatilityWatch #OptionsEducation #NvidiaEarnings #FOMCMinutes
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