Recommended trade entry for Monday, January 9

SPY Iron Condor for February monthly cycle, expiring February 17

Recommended TradeEntry:

- SELL SPY February 233 Call, currently $.72. Delta of short call: .17.

- BUY SPY February 238 Call, currently $.18.

- SELL SPY February 217 Put, currently $.89. Delta of short put: -.17

- BUY SPY February 212 Put, currently $.50.

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

Current mid price for all four legs: $.93. We recommend trying to get filled for the mid price 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