What does a Fed Call & Fed Put mean?


Hi all, came across the terms 'Fed Call' and 'Fed Put' used by various finance articles but cant seem to find out what these two phrases mean.

Example of article

From my understanding,

Fed Call > Fed is proactively pushing stock market prices down

Fed Put > Fed is proactively halting excessive stock market declines, intending to support the US economy

Would like to check if the above is correct, and if so what is the logic behind the phrases (like how it relates to a typical call/put option)

Thanks!


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