Greeks.live researcher: The current options market is mainly focused on closing positions, and expectations are being readjusted

Greeks.live researcher Adam posted on social media that the Federal Reserve will announce its interest rate decision at 3 am tomorrow. According to the probability of a rate cut, the market unanimously believes that it will remain unchanged this time. Options market data shows a slight increase in short-term implied volatility (IV), and there is little doubt about a rate cut in the market. The key is to see Powell's speech to judge the rate cut process in March and May. Currently, the probability of the first rate cut in May is highest. Various indicators in the market are relatively stable, with bulk trading mainly focused on closing positions. The market is readjusting expectations.