Recommended trade entry for Monday, August 10

SPY Iron Condor for September monthly cycle, expiring September 18

Recommended Trade Entry:

- SELL SPY September 216 Call, currently $.59. Delta of short call: .16.

- BUY SPY September 221 Call, currently $.08.

- SELL SPY September 199 Put, currently $.98. Delta of short put: -.16

- BUY SPY September 194 Put, currently $.54

It is recommended to place the order as a single entry: SELL " Iron Condor".

Current mid price for all four legs: $.95. We recommend trying to get filled for the mid, or a few cents below. Minimum recommended credit: $.80.

Update will be posted with exact position details when the order is executed.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin