In considering how to fashion this particular set-up, I am operating on the notion that the ATH is around the 114 strike and so am placing the short call strike slightly north of that to allow myself wiggle room in the trade. With the put side, I am skewed and attempting to create a fairly delta neutral setup ... .
Sept 18 Expiry 98/101/116/119 IC
BE's at 100.58/116.49
Max Profit/Loss: $42/$258 per contract
Notes: I look to take IC's off in their entirety in the event of 50% max profit.