Today's massive sell-off turned the heat up on several of our spreads. Our goal in today's trading was to ride out the storm and attempt to make it to Friday's session intact. After all, quite often the worst time to make an adjustment is during a wicked selling frenzy, which inflates the option pricing. With the pre-market non-farm payroll report coming out tomorrow morning, it's sure to be the catalyst behind Friday's direction. The Street is looking for a 75,000-job loss in the report. If we're able to get better data, our plan is to make it to the weekend and then re-evaluate market conditions. However, we have multiple contingency plans in place for any additional selling tomorrow. If the selling persists, keep a close eye on your email for any trading alerts.

As always, Trade Happy and Trade Smart