Volatists! We have some big news coming with GDP (Gross Domestic Product) and unemployment claims giving us some insight on the job market and inflation in the US. 🇺🇸 Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Usual Effect: Actual > Forecast = Bullish for USD Actual < Forecast = Bearish for USD Unemployment Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week. A higher than expected reading should be taken as bearish for the USD, while a lower than expected reading should be taken as bullish for the USD. Equity markets are up massively from April lows and are just q few percentages away from ATH’s, while BTC made a new ATH and is consolidating around 108k. Trade strategies There's many ways you can trade events like this with directional bets, or even volatility bets. For instance, with a report stronger than forecast, that is usually bearish for the dollar (inflation is increasing) which historically is bullish for risk on assets, we can capitalize on this by buying calls. On the contrary, if the data report comes out weaker than forecast, that would signify a strengthening dollar (inflation slowing down) historically causing risk on assets to dump. You know the drill, we can buy puts options here to get levered exposure to markets here. Last but not least, if the market decides to not react to the news that much and just chop around, we can always sell these options if we expect this asset to chop around all day, where we would benefit from the premiums of these options that we earn from selling! Trade at times 400x 0dte options on IVX Carpe Diem 🪃