TRADE IDEA: XOP MARCH 17TH 36/40/40/44 IRON FLY

107
Looking for petro to zombie about in here in the short term ... . Implied volatility rank isn't as high as I'd like it, but background vol is one of the higher ones out there for exchange traded funds.

Metrics:

Max Profit: $242/contract
Max Loss: $158/contract
Break Evens: 37.58/42.42

Notes: Will look to manage at north of 25% max profit.
Nota
Slightly less sexy at open: filled for 2.36.
Trade fechado manualmente
Covering here for a 2.03 db; in for 2.36, out for 2.03; .33 ($33) gross profit/contract.

Aviso legal

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