### Comment:
Employment was only 3.7% in July. My puts are in desperate need of a drop, but those numbers aren’t miserable. Probably going to get a .25 cut and hope Mango explodes

### REPLY:
reasonable people would say that 290-292 level is the priced in 50 bip cut. 
  
 if its only 25, that's conceivably a win if your puts were ITM when you bought them

### END.