Options Insight: How to Play the S&P 500

The video discusses the current market rally despite expectations of a Fed rate hike, influenced by factors like the Brexit vote. It highlights the potential impact of upcoming nonfarm payrolls on market trends and explains a bearish spread strategy on the S&P 500. The discussion also covers hedging strategies and market volatility, noting the high cost of long-term hedging and its effects on market movements.

What is the significance of the Fed's decision-making during the election cycle according to the discussion?

What factors are contributing to the current rally in the markets despite expectations for a Fed increase?

How might the upcoming non-farm payroll report impact the current market rally?

What trading strategy is being discussed in relation to the S&P 500 and the upcoming Fed meeting?

How does the current volatility in the market relate to long-term hedging strategies?