Recommended trade entry for Monday, October 12

SPY Iron Condor for November monthly cycle, expiring November 20

Recommended Trade Entry:

- SELL SPY November 210 Call, currently $.56. Delta of short call: .14.

- BUY SPY November 215 Call, currently $.11.

- SELL SPY November 188 Put, currently $1.11. Delta of short put: -.16

- BUY SPY November 183 Put, currently $.71

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

Current mid price for all four legs: $.85. We recommend trying to get filled for the mid, or a few cents below. The minimum recommended credit for this trade is $.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