Short Iron Condor SPY 06 May 2022

We can estimate with a 81% confidence that the volatility for today is going to be above 0.46%
For this the market will stay above TOP 415 or below BOT 412

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 416
SELL CALL 419 or other value(higher than 416)
BUY PUT 412
SHORT PUT 409 or other value(lower than 412)