Iron Butterfly (ATM Credit Spread)

Hypothetical Options Strategy - As of 2026-03-06 Black-Scholes Model

Credit Received

$210,016.70

Cost to Close

$201,233.88

Total P&L

$+8,782.82

Return

+4.18%

Positions

Positions by Stock (8 stocks, 19 entries)

PH Parker-Hannifin Corporation Industrials 📈 📊 🔍

Current: $923.48

Credit: $25,842.09 Value: $30,792.61 P&L: $-4,950.52 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-02 consolidating	4d	$1011.41 Now -8.7%	$1011.41 (ATM) $961 / $1062	$974.49 $1048.33	7	$25,842.09	$-4,950.52 (-19.2%) Black-Scholes	26d Outside

META Meta Platforms, Inc. Communication Services 📈 📊 🔍

Current: $645.51

Credit: $21,436.77 Value: $19,972.61 P&L: $+1,464.16 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-27 consolidating	7d	$648.18 Now -0.4%	$648.18 (ATM) $616 / $681	$624.52 $671.84	3	$7,098.63	$+326.19 (+4.6%) Black-Scholes	23d In Zone
#2	2026-02-25 consolidating	9d	$653.69 Now -1.3%	$653.69 (ATM) $621 / $686	$629.83 $677.55	3	$7,158.17	$+406.62 (+5.7%) Black-Scholes	21d In Zone
#3	2026-02-20 consolidating	14d	$655.66 Now -1.5%	$655.66 (ATM) $623 / $688	$631.73 $679.59	3	$7,179.96	$+731.35 (+10.2%) Black-Scholes	16d In Zone

V Visa Inc. Technology 📈 📊 🔍

Current: $314.64

Credit: $25,990.82 Value: $24,831.88 P&L: $+1,158.94 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-26 consolidating	8d	$316.70 Now -0.7%	$316.70 (ATM) $301 / $333	$305.10 $328.30	11	$12,763.93	$+671.83 (+5.3%) Black-Scholes	22d In Zone
#2	2026-02-10 consolidating	24d	$328.17 Now -4.1%	$328.17 (ATM) $312 / $345	$316.15 $340.19	11	$13,226.88	$+487.10 (+3.7%) Black-Scholes	6d Outside

UDR UDR, Inc. Real Estate 📈 📊 🔍

Current: $37.11

Credit: $27,457.28 Value: $25,334.44 P&L: $+2,122.85 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-05 consolidating	1d	$37.67 Now -1.5%	$37.67 (ATM) $36 / $40	$36.29 $39.05	66	$9,118.42	$+1.87 (+0.0%) Black-Scholes	29d In Zone
#2	2026-02-18 consolidating	16d	$38.25 Now -3.0%	$38.25 (ATM) $36 / $40	$36.85 $39.65	65	$9,121.91	$+687.74 (+7.5%) Black-Scholes	14d In Zone
#3	2026-02-13 consolidating	21d	$38.09 Now -2.6%	$38.09 (ATM) $36 / $40	$36.69 $39.49	66	$9,216.96	$+1,433.23 (+15.5%) Black-Scholes	9d In Zone

BMY Bristol-Myers Squibb Company Healthcare 📈 📊 🔍

Current: $59.90

Credit: $27,521.98 Value: $26,015.52 P&L: $+1,506.47 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-03 consolidating	3d	$61.22 Now -2.2%	$61.22 (ATM) $58 / $64	$58.97 $63.47	61	$13,715.40	$+49.38 (+0.4%) Black-Scholes	27d In Zone
#2	2026-02-20 consolidating	14d	$60.66 Now -1.3%	$60.66 (ATM) $58 / $64	$58.43 $62.89	62	$13,806.59	$+1,457.09 (+10.6%) Black-Scholes	16d In Zone

ZTS Zoetis Inc. Healthcare 📈 📊 🔍

Current: $120.49

Credit: $27,345.55 Value: $27,140.43 P&L: $+205.12 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-19 consolidating	15d	$127.28 Now -5.3%	$127.28 (ATM) $121 / $134	$122.60 $131.96	19	$8,883.18	$-452.47 (-5.1%) Black-Scholes	15d Outside
#2	2026-02-17 consolidating	17d	$125.56 Now -4.0%	$125.56 (ATM) $119 / $132	$120.94 $130.18	20	$9,230.22	$+260.89 (+2.8%) Black-Scholes	13d Outside
#3	2026-02-12 consolidating	22d	$125.64 Now -4.1%	$125.64 (ATM) $119 / $132	$121.02 $130.26	20	$9,232.15	$+396.70 (+4.3%) Black-Scholes	8d Outside

DG Dollar General Corporation Consumer Discretionary 📈 📊 🔍

Current: $146.30

Credit: $26,931.47 Value: $23,212.35 P&L: $+3,719.13 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-03 consolidating	3d	$153.04 Now -4.4%	$153.04 (ATM) $145 / $161	$147.42 $158.66	16	$8,997.64	$-387.00 (-4.3%) Black-Scholes	27d Outside
#2	2026-02-17 consolidating	17d	$149.68 Now -2.3%	$149.68 (ATM) $142 / $157	$144.18 $155.18	16	$8,798.48	$+1,020.83 (+11.6%) Black-Scholes	13d In Zone
#3	2026-02-10 consolidating	24d	$146.25 Now +0.0%	$146.25 (ATM) $139 / $154	$140.88 $151.62	17	$9,135.35	$+3,085.30 (+33.8%) Black-Scholes	6d In Zone

FAST Fastenal Company Industrials 📈 📊 🔍

Current: $46.33

Credit: $27,490.74 Value: $23,934.05 P&L: $+3,556.69 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-26 consolidating	8d	$45.68 Now +1.4%	$45.68 (ATM) $43 / $48	$44.00 $47.36	82	$13,752.30	$+574.64 (+4.2%) Black-Scholes	22d In Zone
#2	2026-02-12 consolidating	22d	$45.54 Now +1.7%	$45.54 (ATM) $43 / $48	$43.86 $47.22	82	$13,738.43	$+2,982.05 (+21.7%) Black-Scholes	8d In Zone