Options traders bet on Federal Reserve overestimating interest rate hikes
The Federal Reserve held rates steady at 3.5-3.75% last week and nudged its year-end median projection up to 3.8%. Markets panicked anyway. Bitcoin dropped to the $63,000-$64,000 range, the S&P 500 wobbled, and the usual chorus of doom filled financial Twitter. But a growing cohort of options traders is looking at the wreckage and seeing opportunity,
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