3/3/2020
COP
Strangle

Credit Received:
$136
Expiration:
4/17
Probability of Profit:
78%
Stock Price:
$47.84
IV Rank at Open:
87.8
Implied Volatility:
47.6%
Strikes:
55 Call
39 Put
Probability of 50%:
84
Buying Power Reduction:
600

Adjusted
Adjustment Date:
3/9
Adjustment Expiration:
4/17
Adjustment Credit:
$421
Strikes:
+55 Call
-34 Call