The jobs report was released this morning and US payrolls grew by 177,000 in the month of March. This was better than expected and pushed the markets higher for the day. The Dow gained 564 points, the S&P500 rose by 83 points and the NASDAQ added 267 points. The S&P500 closed it's 9th straight day of gains, making it the longest win streak in 20 years!



The optimism gave our traders a great entry point this morning. The bullish sentiment allowed us to easily sell a bull put spread for an easy profit of 3.1% on the day. This kicks off May with a good start and marks our 8th straight winning trade!



Have a wonderful weekend!