The week of July 4th for the Markets

We are not expecting a lot of action before the holiday, but Friday, July 5th, is NFP and the market will surely look for signs of any easing in inflation to telegraph the Fed’s next move. We do have some light exposure in some options that expire this Friday, some doing pretty well and some not, but the calls to puts ratio is mostly balanced, which based on our premiums model tells us the market…