2/21/2020

XLK

Strangle

Credit Received:

$123

Expiration:

3/20

Probability of Profit:

83%

Stock Price:

$99.71

IV Rank at Open:

71.2

Implied Volatility:

19.6%

Strikes:

105 Call

92 Put

Probability of 50%:

82

Buying Power Reduction:

1600

Adjusted

Adjustment Date:

2/27/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$113

Strikes:

+105 Call

-95 Call

Adjusted

Adjustment Date:

2/28/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$304

Strikes:

+95 Call

-88 Call

Rolled

Rolled Date:

3/2/2020

Rolled Credit:

-$520

IV Rank at Roll:

57

Strikes:

+ 88 March Call

+92 March Put

-97 April Call

-86 April Put

Adjusted

Adjustment Date:

3/9

Adjustment Expiration:

4/17

Adjustment Credit:

$142

Strikes:

+97 Call

-91 Call