1/28/2020

MCD

Earnings Strangle

Credit Received:

$103

Expiration:

Jan 31

Probability of Profit:

79%

Stock Price:

$210

IV Rank at Open:

70

Implied Volatility:

20%

Strikes:

220 Call

202.5 Put

Probability of 50%:

N/A

Buying Power Reduction:

3500

Closed

Close Date:

1/29/2020

Close Price:

$14

Profit:

$89