Greed, stupidity, fear and hysteria are likely to be at their apogee today, since the Fed Open Market Committee will release minutes from the last meeting. Even so, I suspect that those who have already bought straddles will be disappointed, since puts and calls will almost invariably be priced to discount expectations. There’s a way to profit from them nonetheless, and I’ve described the tactic in today’s E-Mini S&P tout. Check it out, as well as the accompanying chart, if you want to get ahead of the first swing.