2/10/2020

XLB

Strangle

Credit Received:

$56 x 2

$112

Expiration:

3/20

Probability of Profit:

73%

Stock Price:

$60.08

IV Rank at Open:

50.7

Implied Volatility:

18.5%

Strikes:

63 Call

56 Put

Probability of 50%:

88

Buying Power Reduction:

1950

Adjusted

Adjustment Date:

2/27/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$49 x 2

Strikes:

+63 Call

-58 Call

Adjusted

Adjustment Date:

2/28/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$208 x 2

Strikes:

+58 Call

-52 Call

Rolled

Rolled Date:

3/2/2020

Rolled Expiration:

4/17

Rolled Credit:

$-339 x 2

IV Rank at Roll:

80

Strikes:

+ 52 March Call

+56 March Put

-56 April Call

-51 April Put

 

Adjusted

Adjustment Date:

3/9

Adjustment Expiration:

4/17

Adjustment Credit:

$226

Strikes:

+56 Call

-51 Call

Adjusted

Adjustment Date:

3/12/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$284

Strikes:

+51 Call

-44 Call