The Fed's rate cut decision was announced at 3 AM on Thursday, and it seems there's no doubt about a 25bps cut. The key questions now are: 1. Will the 10-year Treasury yield follow suit and fall, or will it remain high? => What is the current market sentiment? 2. Will everyone sell on the news and wait until next year to try again? => 😅 Very likely, everyone's on vacation ⛱️ Overall, I'm still optimistic about next year. For now, I'm just selling options and renting out profits.