long 270
short 267.50
short 260
long 257.50
Max profit $1.07 (AAPL close between 260-267.50)
Max loss $1.43 breakeven $268.57, $258.93
A trade to collect option premium. I'm targeting 40-50% return depending on price action. There's ~70% chance of profit which is on the low side. IV is also low so I will be watching carefully for any turns for the worst given...
