S&P 500 Index

Short Iron Condor SPX 06 May 2022

100
We can estimate with a 83% confidence that the volatility for today is going to be above 0.3%
For this the market will stay above TOP 4160 or below BOT 4135


From the fundamental point of view for today we have 2 big volatility news:
NFP
Unemployment
Both of them are expected to be lower values than last month -> bearish .

With this in mind, I suggest a SHORT IRON CONDOR
BUY CALL 4160
SELL CALL 4190 or other value(higher than 4160)
BUY PUT 4135
SHORT PUT 4110 or other value(lower than 4135)

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