The June jobs report was released this morning and the US added 147,000 jobs, well above the estimate of 110,000. Additionally, the unemployment rate was expected to rise to 4.3% but dropped to 4.1% instead.



Wall Street liked this news and the bulls pushed the markets to new record levels for the S&P500. We saw this optimism as a good entry opportunity and opened a bull put spread. That trade expired at the closing bell and pulled in a profit of 3.1% on the day! Enjoy your long weekend and we'll see you next week!