Iron Condor SPY 18 May 2022

SPY 18 May 2022

The current expected volatility is around 1.71%
Based on a 85.3% chance, our asset is going to be compressed within the channel made from:
TOP 415
BOT 401


At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.

Based on all of this, at this very moment we can try as usual with index/etf/stocks an iron condor with
415 418 Call
401 398 Put