system
A chat on subreddit /r/wallstreetbets
human
What if the fed doesn't cut rates

gpt
Then you cover your short vol position and have still made money off of the contango drag between now and then.  It's the easiest trade in the world. 
  
 &amp;#x200B; 
  
 That said, there is literally ZERO chance they don't cut.  Worst case scenario would be something like a 15bps cut rather than 25bps.