Hi,
The LAY price is now 5.1, but I still think the price will move in under 5's. So be patient if you're not matched, but go for around 4.8/4.9 to be sure. It may fly in, but it could also just drift all the way out to 6.00 which is still doable, but not as appealing.
If Reading score first, I'd look to hedge off for between 60 to 75% expected profit.
Good luck getting backed and matched.