Can the Rally Survive the ECB?

Tomorrow the markets have a binary event with the ECB announcement. Expectations are for a 75bp increase. Canada just raised 75bp and the FOMC's 75 bp rate increase in 2 weeks is all but certain. This does not mean an immediate bearish event as these rate hikes are probably priced in. However, be prepared with the right options strategies for whichever way the market goes. Here's what I'm doing...