By the time the headline explains the move, the opportunity may already be gone. → See the Signal Before the Story

Game Changer or Short of a Lifetime in the Markets?

Employment Situation– missed the broad-side of a barn– dragging out instability within employment– will the FED will tapper the asset purchases?

Anything but normal…–SPX smashes the weekly Expected Move SPX

Expected Move–last week– 78.31 (expected)–next week– 78.38

Bonds– we are back baby! — bonds crushed and the range is broken– rate are a flyin’

Outsized Movement — XLF, XLE, EEM, TLT– I am a buyer of premium!– ranges in bonds, gold, dollar, spx– Setup in GLD

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

More about Don Kaufman

	Today
09.00	Don Kaufman \| Pre-Market Prep \| FREE SESSION 09.20 09.30 Don Kaufman \| Early volatility 09.20 10.30
09.30
10.00
10.30	Jeff Bierman \| Market structure 10.30 11.30
11.00	Jeff Bierman \| Market structure 10.30 11.30
11.30	Brandon Chapman \| Ghost Hour 11.30 12.30
12.00	Brandon Chapman \| Ghost Hour 11.30 12.30
12.30	Gianni Di Poce \| Macro overview 12.30 13.15 Elizabeth \| Price Action 13.15 14.00
13.00
13.30
14.00	Corey Rosenbloom \| Options tactics 14.00 15.00
14.30	Corey Rosenbloom \| Options tactics 14.00 15.00
15.00	Blake Young \| Market wrap 15.00 16.00
15.30	Blake Young \| Market wrap 15.00 16.00