2/27/2020

LLY

Strangle

Credit Received:

$207

Expiration:

4/17

Probability of Profit:

77%

Stock Price:

$131

IV Rank at Open:

115.8

Implied Volatility:

33.2%

Strikes:

150 Call

115 Put

Probability of 50%:

88

Buying Power Reduction:

1500