Should I do a FOMC strangle/ straddle play? Read here.

So, what's the best way to play FOMC? Probably a strangle. According to last FOMC on 9/20 your QQQ calls would have printed around +50% or more.

Assuming you sold and held your puts, your puts would have given you an extra 200% to 300%.

You can do this on any stock obviously. Don't get greedy. Best decision might be to stay out of course.

Choosing a definite direction (i.e. holding calls/ puts only without a hedge) is pure gambling.

Good luck. Welcome to follow for trade ideas.

FOMC chart 9/20: