Since I don’t have an edge on what the employment number is going to do tomorrow and ultimately what that will do to the Dollar and to Gold/Gold Miners. I took advantage of this mornings strength to make the following trades to give myself more room to the downside just in case the dollar spikes higher.
BTC May 6 $90 puts
BTC May 6 $85 puts
BTC May 13 $80 put
STO 2 May 20 $60/$160 strangles
STO 2 May 27 $55/$170 strangles
All in, took in a $0.50 credit