NEWS EVENT SPY STRADDLE JOBS REPORT 80%
OPTION PRICES UPDATE
SPY APR 1 207 CALL BOUGHT AT $.30 NOW $.01
SPY APR 1 205 PUT BOUGHT AT $.30 HIGH FOR THE DAY SO FAR $1.10
Equal dollar amounts invested in each
$.60 cost
$1.10 Combined high for the day so far 80% profit
High was just after the open of trading.
A trailing stop would have locked in those profits