I am not specifically playing to the Fed decision on Wednesday, I sometimes trade during the day when strong signals indicate an upward or downward movement.

I am looking at some positions against electronics and department store retailers given the large decline recent data has shown in these categories.

My strategy is focused on 6+ month option expirations that return 1-5 or 1-6 by buying out of the money spreads slightly above the bottom of the previous lows (~3660). I am about 25% in with 75% waiting to be deployed when I am more certain of momentum switching.