As I did yesterday, I focus on CBOT binary call options at a strike price of 94750. As of 3pm:
Sept07 down 9, currently at 13
Oct07 down 7, currently at 25
Dec07 up 3, currently at 35
As an aside, a put option with a strike of 94750 last traded at 3 points, up 2 from yesterday. That's a contract that pays if the target fed funds rate is higher than the current 5.25% after the December meeting.
I call the last couple weeks, "Denial."

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