SPY October Iron Condor Entry Plan
After Friday's massive selloff, from the look of futures so far this morning the market may be mellow today. However, the opening bell has not sounded yet, and there are several Fed speakers on the calendar for today.
I think it's wise risk management to wait a few days to see how the market behaves before jumping into the new October SPY Iron Condor, so I am planning to re-evaluate an entry possibly on Wednesday of this week.
If I feel there is a decent entry window on Wednesday, I will post a recommended trade entry.
As always, trade carefully and stay keen on your risk management,