Recommended trade entry for Monday, April 10 Recommended trade entry for Monday, April 10

SPY Iron Condor for December monthly cycle, expiring May 19

Recommended Trade Entry:

- SELL SPY May 243 Call, currently $.54. Delta of short call: .15.

- BUY SPY May 248 Call, currently $.10.

- SELL SPY May 225 Put, currently $1.02. Delta of short put: -.16

- BUY SPY May 220 Put, currently $.65

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

Current mid price for all four legs: $.81. 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