Short and Long Iron Condor QQQ 05 May 2022

72
We can estimate with a 79% confidence that the volatility for today is going to be below 2.24%
For this the market will stay within
TOP 337
BOT 322

At the same time We can estimate with a 86% confidence that the volatility for today is going move more than
0.41%
For this the market will stay above the
TOP 331
BOT 328

From the fundamental point of view, yesterday we had the release of the interest rates, so I believe currently we are in a short relief moment, where we can have for some days/weeks a small bull trend

For today we have no big volatility news, so we cant expect big surprises.


Having said that we have 2 different ways of trading for today

IRON CONDOR for the first option, with the 337sell 340buy Call / 322sell 319buy Put
Reverse IRON CONDOR for the second option with 330buy 333sell Call/ 328buy 325sell Put

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