1/27/2020
MMM
Earnings Strangle
Credit Received:
$124
Expiration:
FEB 1
Probability of Profit:
79%
Stock Price:
$178.18
IV Rank at Open:
83.4
Implied Volatility:
28.5%
Strikes:
190 Call
165 Put
Probability of 50%:
36
Buying Power Reduction:
2500
Rolled
Rolled Date:
1/29/2020
Rolled Expiration:
Mar 20
Rolled Credit:
$41
IV Rank at Roll:
76
Strikes:
175 call
150 put
Rolled
Rolled Date:
3/2/2020
Rolled Expiration:
4/17
Rolled Credit:
$131
IV Rank at Roll:
65
Strikes:
+175 March Call
+150 March Put
-160 April Call
-140 April Put
Adjusted
Adjustment Date:
3/12/2020
Adjustment Expiration:
4/17
Adjustment Credit:
$10.79
Strikes:
+160 Call
-130 Call