Probability of Profit: 54%
Max Profit: $221/contract
Max Loss/Buying Power Effect: Undefined/~1.72 on margin
Break Even/Cost Basis of Shares If Assigned: 7.79
Notes: Another potential "wheel" trade. Will initially shoot for 25% max for the short straddle, but will also be fine if assigned with a cost basis of 7.79/share (a 7.8% discount over current spot), after which I'll proceed to cover.