On October 7 2021 I put together a SPY ETF trade ahead of the September non-farm payroll numbers being released on Oct 8.
The goal for this trade was a return of at least 100% depending on whether the S&P rose or fell. In the end, the trade returned 291% thanks to the index rallying strongly in the weeks following the September jobs report. This trade ended November 18 2021.
This article outlines the closing trades done after the original trade was setup and explains some of the keys involved in the trade returning almost 3 times the original goal of 100%.
I have been using this strategy for approximately 15 years as of 2021 and without any month taking a loss. But like everything in investing, past performance is not a guarantee of future results. At some point there will be losses in this strategy.
Make sure to read the full trade article. This type of trade is not the easiest to handle and should be paper traded to learn the ins and outs of the method employed before risking any capital. Remember that these are high risk trades that can result in losses.
I am not a financial planner or advisor and have no investment accreditations. I am an investor who has been trading since the great bear market of the mid-1970’s. Nothing presented is advice or recommendations.
This Outcome of the September 2021 Non-Farm Payroll trade is for members
Outcome of 291% Return of SPY ETF Trade Ahead of September Non-Farm Payroll Numbers
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
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