BY MARK SEBASTIAN
March 7, 2025
Hey Traders,
This morning we have non-farm payrolls.
What is the market looking for?
Currently the S&P 500 is pricing in about a 90 dollar move.
That is basically inline with how the S&P 500 has been moving daily WITHOUT non-farm payrolls.
ATR is all the way up to 93:
That is some serious movement over the last 10 days … and it’s only climbing.
The prices on the game plan are going up TODAY. If you have not tried it … what are you waiting for? It will help you here trading as well. Sign up here.
First, Let’s Recap Yesterday’s Trade
No trade.
I did put out a trade, but yet again … I missed my entrance.
If I had just sent the trade out about two minutes earlier, everyone would have at a minimum broken even.
But, no trade is basically the same.
Is there room for a trade today?
…Today’s Outlook
With the really nice AVGO earnings, if non-farms cooperate we might see a rare Friday rally.
However, if things fall apart and we are down MORE than we were on Thursday … look out for Monday.
We will set up a bearish overnight and look for a potential major move for this Monday … IF we have another tank day.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain