Description
⋅ A bread and butter trade offering about just about 1/3rd the width of the wings ... .
Metrics:
POP%: 58%
P50: 74%
Max Profit: 330/Contract
Max Loss/Buying Power Effect: 670/contract
Theta: 5.26
Delta: -2.52
Notes: As usual, may have to piddle with a fill. Price will dance across the mid by .10-.20. Look to take it off at 50% max profit.