2/10/2020

AAL

Strangle

Credit Received:

$68 x 2

$136

Expiration:

3/20

Probability of Profit:

75%

Stock Price:

$28.68

IV Rank at Open:

50.4

Implied Volatility:

43.2%

Strikes:

32 Call

24 Put

Probability of 50%:

86

Buying Power Reduction:

700

Adjusted

Adjustment Date:

2/26/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$64 x2 $128

Strikes:

+32 Call

-25 Call

Adjusted

Adjustment Date:

2/27/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$128 x 2

Strikes:

+25 Call

-21 Call

Rolled

Rolled Date:

2/28/2020

Rolled Expiration:

4/17

Rolled Credit:

-$244

Strikes:

+ March 21 Call

+March 24 Put

-April 23 Call

-April 23 Put

Adjusted

Adjustment Date:

3/2/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$173

Strikes:

+23 April Call

-18 April Call

Adjusted

Adjustment Date:

3/5/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$45 x 2

Strikes:

+18 Call

-17 Call

Position Add

Position Add Date:

3/5/2020

Expiration:

4/17

Position Add Credit:

$171

IV Rank at Position Add:

90.6

Strikes:

21 call

13 put