2/4/2020

XLY

Strangle

Credit Received:

$132

Expiration:

3/20

Probability of Profit:

72%

Stock Price:

$128.50

IV Rank at Open:

64

Implied Volatility:

17%

Strikes:

135 Call

121 Put

Probability of 50%:

87

Buying Power Reduction:

2000

Adjusted

Adjustment Date:

2/27/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$205

Strikes:

+135 Call

-122 Call

Adjusted

Adjustment Date:

2/28/2020

Adjustment Expiration:

3/20

Adjustment Credit:

$332

Strikes:

+122 Call

-114 Call

Rolled

Rolled Date:

3/2/2020

Rolled Expiration:

4/17

Rolled Credit:

-$575

IV Rank at Roll:

84.6

Strikes:

+121 March Put

+114 March Call

-120 April Call

-111 April Put

Adjusted

Adjustment Date:

3/9

Adjustment Expiration:

4/17

Adjustment Credit:

$457

Strikes:

+120 Call

-110 Call

Adjusted

Adjustment Date:

3/12/2020

Adjustment Expiration:

4/17

Adjustment Credit:

$501

Strikes:

+110 Call

-99 Call