Good morning and happy Friday, as you know one of the SPY and ES systems took a 1st entry short yesterday. Today since prices are slightly better than the close we are adding the SPY Put option for the SPY system that went short. 1 SPY Put option with a May 20th expiration and 453 strike

realize that's far out - this trade is normally pretty short so you could go out probably month only - do what is right for you

remember today is quad Witching with a TON of options expiration that could cause all sorts of volatility, here's an article that discusses it

https://www.zerohedge.com/markets/35-trillion-reasons-brace-tomorrows-massive-quad-witching-expiration 

Matt