FOMC trades

The FOMC meeting is causing a massive spike in vol, especially on SPY/SPX.
Anybody trading the vol collapse? Or is there not a good R/R setup?
Vol is 64% for today's expiry and only 35% for tomorrows.

 

you can sell vol put options back to 18-20ish in few months, but not intraday.

 

lol

 

35 vols of free monies!

 

I had fun trading today. They should have fed announcement day every week.

 

If FED announcements were everyday then it would be so much fun

 

Definitely fun! Set up some spy long strangles, go to sleep, wake up, and targets on both sides of the straddle got hit. Easy money