SOLD RIG APRIL 15 9/14 SHORT STRANGLE

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High implied volatility rank plus high implied volatility equals good premium selling ... .

RIG April 15th 9/14 short strangle
Probability of Profit: 66%
Max Profit: .93/contract (93/contract)
Buying Power Effect: Undefined
Break Evens: 8.07/14.93

Notes: Ridiculously good premium for such a low priced underlying.

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