Max Loss/Buying Power Effect: Undefined/~$670/contract
Max Profit: $297/contract
Break Evens: 32.03/37.97
Delta: 30.73 (Neutral to )
Notes: Here, I'm looking to emulate the delta of a naked 30 delta short put (paying ~.70/contract currently), but bringing in the beefier credit and extrinsic value of a short straddle. Looking to take this off for the lesser of 10% of buying power effect (~.67) or 25% of max (~.74).