Recommended trade entry for Monday, October 9 Recommended trade entry for Monday, October 9

SPY Iron Condor for November monthly cycle, expiring November 17

Recommended Trade Entry:

- SELL SPY November 259 Call, currently $.67. Delta of short call: .19.

- BUY SPY November 264 Call, currently $.13.

- SELL SPY November 247 Put, currently $1.00. Delta of short put: -.19

- BUY SPY November 242 Put, currently $.65

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

Current mid price for all four legs: $.89. 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