“Ether is expected to move by +/- 5.85% after the FOMC meeting, based on derivatives markets data. This implies that ether will finish the week at $1,485 or $1,670 (spot $1,578). This seems too narrow. Buying short-term straddles (buy calls and buy puts), which benefit from wide swings, might offer good risk reward here,” Thielen said in a note sent to clients early Wednesday.
Source: https://www.coindesk.com/markets/2022/11/02/experts-recommend-ether-and-bitcoin-straddles-to-capture-post-fed-price-swings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines