Take a look at the video with Scott and Dan as they walk you through Tuesday's selloff in the SPX and action in the CBOE Volatility Index ( VIX). There is a lot to trade around today including, the FOMC decision at 2:15 pm EDT, Existing Home Sales at 10 am EDT, DOE inventories at 10:30 am EDT and President Obama addresses the U.N. This is what you need to know:

On Wednesday, September 21 at 6:00 p.m. EDT, TheStreet's Options Profits is hosting a webinar featuring Dan Passarelli of Market Taker. Debit spreads and credit spreads are actually the same thing. Understanding nuances such as the synthetic relationship of both strategies can make all traders better at both execution and position management. Utilizing specific trade examples, Dan will show you how to decide which is better depending on the scenario. The back half of the webinar will include an interactive, exciting Q&A session.

Please email: jill.malandrino@thestreet.com to secure a slot for the webinar as space is limited and for the link to the presentation.

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