OPENING: XBI JAN 20TH 51.67/61/61/70 IRON FLY

There isn't much premium out there to be sold in index or sector exchange traded funds, but this is one of them ... .

Metrics:

Probability of Profit: 46%
Max Profit: $518/contract
Max Loss: $415/contract
Break Evens: 55.82/66.18

Notes: I'll shoot to take profit at 25% of max ... .

Trade fechado manualmente:

Bought to close this today for a 4.35 db. $67 net profit after fees/comms. Figured I'd money/take/run with 30 DTE and after having the setup on for only 9 days.