The Market Can Move Three Ways For This News And Strategy

Automatic Data Processing will release the US ADP Non-Farm Employment Change Wednesday, March 30, 2016, at 8:15 AM ET, which is the employment increase for the private sector derived from their payroll information.

From January to February, it increased by 214k jobs and is forecast to be 194k this coming report.

Regardless of the numbers being up or down, the report can be traded using an Iron Condor neutral strategy employing Nadex spreads.

A neutral strategy can be an opportunity to profit if the market moves up or down; for that reason the strategy is considered neutral. With an Iron Condor, you are buying below the market and selling above the market. Based on previous market movement to past report releases, it makes sense to set up the Iron Condor with a $30 or more profit potential.