Considering we just saw a market rally over the fed announcement; I was wondering if option calls for DIA among others would be good? There’s a chance the market will continue to rise, especially since it’s the first bit of good news in a while from the feds.

Not to mention since it’s a rate cut, certain housing-tailored markets like FSLR could see a rise as people are potentially more willing to purchase/refinance houses.

Conversely, I know the market could turn tomorrow into a “corrections” day; basically normalizing itself to reflect “assumedly” true values as the rally hype fades. Not to mention such hypes tend to greatly inflate the market if only for a short while.

But 2-day calls at a reasonable strike price shouldn’t be too risky, right? Or am I being dense and missing the forest here?