exlux99

Short Iron Condor QQQ 06 May 2022

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
We can estimate with a 81% confidence that the volatility for today is going to be above 0.64%
For this the market will stay above TOP 315 or below BOT 311

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 315
SELL CALL 318 or other value(higher than 315)
BUY PUT 311
SHORT PUT 308or other value(lower than 311)


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