Do you take the ball above eye-level or below eye-level?
Just below, preferably. Probably level with your chest. Little fingers together with palms facing directly towards the ball. Don't snatch at it, just let the ball hit the middle of the hands and they will shut around it automatically. Give with the ball, but not too much, just about 6 inches.
Remember to get side on to give you the ability to adjust your feet at the last minute, and your hands move together, not separately.