2/27/2020

SBUX

Strangle

Credit Received:

$105

Expiration:

4/17

Probability of Profit:

82%

Stock Price:

$79.53

IV Rank at Open:

136.4

Implied Volatility:

34.7%

Strikes:

90 Call

65 Put

Probability of 50%:

91

Buying Power Reduction:

900