Posted in
Daily Report
By: Tom Gentile
on March 20th, 2023
The Federal Reserve is schedules to make their latest decision on whether to hike interest rates and if so by how much this week.
The 2-year fight against inflation persists and the expectations of yet another Fed rate hike this week was a virtual slam dunk, (thought a phrase to go along with March Madness night have been appropriate here).
The expectations are for a quarter of a point hike, but that number was expected to be higher than that before the regional banking crisis kicked in.
There were some news items out there stating many expected the Fed to even PAUSE and not offer up a rate hike this week – Goldman Sachs was the one named not expecting a hike. The pause does not seem likely.
Regional Bank Recovery Plans
Many recovery efforts are being enacted such as financial loans form larger banks to aid the smaller regional banks like JPMorgan offering to help First Republic, New York Community Bancorp looks to have agreed to buy Signature Bank, and just this weekend UBS bought Credit Suisse, a move facilitated by Swiss regulators to stop the banking crisis from spreading globally.
The Challenge Ahead for the Fed.
Along with the concern of if they raise and how much beings the regional banks are in trouble they still have to try and stave off inflation.
The Fed is anticipated to release a set of quarterly economic projections that will indicate how high they expect borrowing costs to climb this year.
This is going to be one of the mist unpredictable central bank gathering in a number of years.
While we all await the decision and all the commentary to come with it one has to decide if they want to initiate any new positions/option trades, bullish or bearish.
Morning Reports Lists
We aren’t in the options recommendation business as we are not Registered Investment Advisors, but we can educate you on how to trade options once you and your brokers decide to engage in options trading.
The morning reports lists shows the options activity going on right now.
It shows where the option activity is for both calls and puts.
Whether one decides to buy, or sell is their business, but in order to engage in trading options you must first decide which security to trade options on.
A more conservative approach is to wait until after the Fed makes its decisions and provides its outlook on matters going forward.
For those inclined to see options activity prior here are the lists as they stand right now:
App: Toms Option Tools
Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.
Other times I will have other charts may work to amplify my educational points.
Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.
Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.
Disclaimers
Stock and options trading has large potential rewards, but also large potential risk.
You must be aware of the risks and be willing to accept them in order to invest in the stock and options market. Do not trade with money you cannot afford to lose.
This is neither an offer to buy/sell/ or recommend a particular stock or option.
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been actually executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight.
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