2/24/2020

DAL

Straddle

Credit Received:

$415

Expiration:

3/20

Probability of Profit:

52%

Stock Price:

$53.40

IV Rank at Open:

145.5

Implied Volatility:

42.3%

Strikes:

53.5 Call

53.5 Put

Probability of 50%:

44

Buying Power Reduction:

1493

Adjusted

Adjustment Date:

2/27/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$156

Strikes:

+53.50 Call

-49 Call

Rolled

Rolled Date:

2/28/2020

Rolled Expiration:

4/17

Rolled Credit:

-$186

Strikes:

+March 49 Call

+March 53.5 Put

-April 47 Call

-April 46 Put

Adjusted

Adjustment Date:

3/12/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$504

Strikes:

+47 Call

-35 Call