Happy Friday: Here’s What’s Coming
We made it to the end of another week, and the market sure took it easy on us today. The indexes basically closed unchanged, hovering around all-time highs.
Looking ahead, here are two key things on my radar for next week:
🔹 FOMC Announcement (Wednesday afternoon):
There’s a 96.4% chance the Fed cuts rates by 25 basis points. That move is largely expected — so the real story will be what Powell says after. If his tone leans dovish, that could keep the market climbing. If he’s overly cautious, it may weigh on prices.
🔹 Monthly Expiration:
Even if you mostly trade weeklies, monthly expiration matters. For my covered calls and cash-secured puts — especially in names with thin weekly liquidity — I’ll be rolling a lot of positions next week. That means plenty of activity in my IRA and here on Substack, where I share my rolls each week.
I’ll have a fresh post next Friday morning with updates on what I rolled. If you’re not already following along, subscribe!
Have a great weekend — and trade smart.
#MarketUpdate #OptionsTrading #CoveredCalls #CashSecuredPuts
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