Bond
Vol Put spread swap
Volatility is elevated going into unemployment. The recent rally is bonds must be noted with light volume. To take advantage of the elevated volatility with a down side bias one could sell week 3 144/143 put spread for 13/64. Buy Apr week 1 144.5/143 put spread 31/64 for net 18/64 debit. Volatility should collapse after the unemployment number Friday 3/8/19. If no big surprise out of the number one is left with a long put spread going into the FOMC meeting. Volatility should remain bid on the long put spread going into FOMC. This is a good way to take advantage of heightened volatility with a down side bias going into FOMC. CME rate watch is at 98.7% rate will be unchanged.
Protect yourself at all times.