Derrick W was asking about an iron condor. There is REALLY good premium in a condor for May (especially the 241/242 May call side) which has be believe that this is the bottom of the wave rotation and SPY
bounces higher as of today and makes new ATH
in May. Could be wrong, but that's what the option prem
says to me. So, I'll go WITH the trend for right now, until we can get some more bear volume
OR, just go further out with less time. May wk
1 243/244 bcs
to complete this condor.