Recommended trade entry for Monday, May 8

SPY Iron Condor for June monthly cycle, expiring June 16

Recommended Trade Entry:

- SELL SPY June 245 Call, currently .65. Delta of short call: .18.

- BUY SPY June 250 Call, currently $.15.

- SELL SPY June 230 Put, currently $.87. Delta of short put: -.16

- BUY SPY June 225 Put, currently $.51

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

Current mid price for all four legs: $.86. 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