Happy Fourth of July

And semi quicentennial on top of it!

OIP
Happy Healthy to All

XSP rolls 7/2/26

#FuzzyLEAPs Got a swing roll on one but a straight calendar for two pennies on the other.
Rolled $XSP July 2nd 764 puts to July 6th 764 puts, 1.00 credit
Rolled $XSP July 2nd 760 puts to July 6th 760 puts, .02 credit

Have a Happy 4th everyone!

June Jobs Report

#Jobs — Lower than expectations, and effectively erased by prior month revisions.

Gain of +57,000 non-farm payroll jobs, vs. expected gain of +115K
Unemployment down 0.1 to 4.2%
U6 unemployment 7.9%, down by 0.2%
Labor force participation down 0.3 to 61.5%
Average hourly earnings up by 0.3%; +3.5% Y/Y

May jobs revised down by -43K to +129K
April jobs revised down by -31K to +148K