### Comment:
How bad do you think it will be if I’m in August calls? 
  
 Specifically I’m Aug 16 295 calls that I’m up about 250% on. I am just wondering if it’s still worth continuing to hold them through this meeting. I already took profit on 1/3rd of the position. I expect them to basically have an as expected meeting where they don’t cut rates but send signals that they will do it next time and are flexible, etc.

### REPLY:
You're far enough out that the IV effect should be negligible.

### END.