JP Morgan (JPM)
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Only 38,000 new jobs were created in the month of May, the least amount of jobs created since September of 2010. To make matters worse, Bloomberg surveyed a number of economists who estimated a gain of 160,000 new jobs. Which means the country missed the estimated mark by a whopping 120,000 jobs.
And that’s not even all the bad news.
The straddle worked out great as you predicted and mentioned in your email. I bought 2 contracts at the 390 call and put and closed out with roughly $3800 of total profits."
Fouad K. | MTI Student
I just followed the webinar by Joshua Martinez on Trading OPTIONS for the very first time, and boy, did he change my view on options trading! Thanks a million for a very clear and useful explanation, Joshua - you sure are a chip off the old block :)."
Paul P. | MTI Student
Chris, I bought 3 PUT contracts on APPL yesterday afternoon @ $17.29 and sold them Friday at 10:00 AM or so for $42.19 ea. Not bad for an overnight play. Thanks for the thought."
Bob C. | MTI Student