Although general background IV in FXE isn't high here (it rarely is, comparatively speaking), it's high relative to where it's been in the last six months.
Max Profit: $225
Max Loss/Buying Power Effect: $175
BE's at 98.75/103.25
Notes: Will look to manage at 25% max profit. Just trying to keep the theta coming in here with what limited high IVR choices I have available to me.