2/26/2020

MPC

Strangle

Credit Received:

$97

Expiration:

4/17

Probability of Profit:

82%

Stock Price:

$53.77

IV Rank at Open:

99

Implied Volatility:

45.6%

Strikes:

65 Call

42.5 Put

Probability of 50%:

95

Buying Power Reduction:

650

Adjusted

Adjustment Date:

3/5/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$116

Strikes:

+65 Call

-47.5 Call

Adjusted

Adjustment Date:

3/6/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$238

Strikes:

+47.5 Call

-40 Call