And, before you research this underlying, the answer is, "No, it is not the bordering-on-porn men's magazine, Maxim"; it's an integrated circuit company. This is another longer-term play I'm looking to work to bridge the gap between now and the beginning of next earnings
In any event, MXIM
post-earnings IVR/IV is currently at 91/38.
Standard short strangle:
Jan 15 34/44 short strangle:
Max Profit: $100/contract