Iron Butterfly (ATM Credit Spread)

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

Credit Received

$314,211.65

Cost to Close

$305,703.39

Total P&L

$+8,508.25

Return

+2.71%

Positions

Positions by Stock (8 stocks, 15 entries)

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

SIRI SiriusXM Holdings Inc. Communication Services 📈 📊 🔍

Current: $22.27

Credit: $32,726.72 Value: $31,095.02 P&L: $+1,631.71 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-13 consolidating	21d	$21.29 Now +4.6%	$21.29 (ATM) $20 / $22	$20.48 $22.10	202	$16,425.26	$+630.46 (+3.8%) Black-Scholes	9d Outside
#2	2026-02-10 consolidating	24d	$21.34 Now +4.4%	$21.34 (ATM) $20 / $22	$20.52 $22.16	199	$16,301.47	$+1,001.25 (+6.1%) Black-Scholes	6d Outside

TMUS T-Mobile US, Inc. Communication Services 📈 📊 🔍

Current: $221.22

Credit: $32,541.38 Value: $31,649.53 P&L: $+891.85 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-27 consolidating	7d	$217.09 Now +1.9%	$217.09 (ATM) $206 / $228	$208.75 $225.43	39	$32,541.38	$+891.85 (+2.7%) Black-Scholes	23d In Zone

CHTR Charter Communications, Inc. Communication Services 📈 📊 🔍

Current: $231.88

Credit: $37,699.53 Value: $37,325.34 P&L: $+374.19 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-05 consolidating	1d	$229.94 Now +0.8%	$229.94 (ATM) $218 / $241	$220.80 $239.08	21	$19,194.93	$+57.97 (+0.3%) Black-Scholes	29d In Zone
#2	2026-03-02 consolidating	4d	$232.80 Now -0.4%	$232.80 (ATM) $221 / $244	$223.55 $242.05	20	$18,504.60	$+316.22 (+1.7%) Black-Scholes	26d In Zone

NWS News Corporation Communication Services 📈 📊 🔍

Current: $27.57

Credit: $44,878.94 Value: $43,916.04 P&L: $+962.90 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-02 consolidating	4d	$26.41 Now +4.4%	$26.41 (ATM) $25 / $28	$25.33 $27.49	208	$22,468.52	$-68.15 (-0.3%) Black-Scholes	26d Outside
#2	2026-02-20 consolidating	14d	$26.55 Now +3.8%	$26.55 (ATM) $25 / $28	$25.46 $27.64	206	$22,410.41	$+1,031.05 (+4.6%) Black-Scholes	16d In Zone

NWSA News Corporation Communication Services 📈 📊 🔍

Current: $24.36

Credit: $45,349.85 Value: $44,254.10 P&L: $+1,095.76 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-23 consolidating	11d	$23.00 Now +5.9%	$23.00 (ATM) $22 / $24	$22.06 $23.94	241	$22,721.18	$+72.69 (+0.3%) Black-Scholes	19d Outside
#2	2026-02-19 consolidating	15d	$23.36 Now +4.3%	$23.36 (ATM) $22 / $25	$22.40 $24.32	236	$22,628.68	$+1,023.06 (+4.5%) Black-Scholes	15d Outside

FOX Fox Corporation Communication Services 📈 📊 🔍

Current: $54.36

Credit: $49,582.22 Value: $48,939.68 P&L: $+642.54 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-26 consolidating	8d	$52.03 Now +4.5%	$52.03 (ATM) $49 / $55	$49.86 $54.20	229	$49,582.22	$+642.54 (+1.3%) Black-Scholes	22d Outside

TTWO Take-Two Interactive Software, Communication Services 📈 📊 🔍

Current: $210.67

Credit: $49,996.24 Value: $48,551.09 P&L: $+1,445.15 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-20 consolidating	14d	$199.72 Now +5.5%	$199.72 (ATM) $190 / $210	$191.37 $208.07	30	$25,035.60	$+676.41 (+2.7%) Black-Scholes	16d Outside
#2	2026-02-18 consolidating	16d	$199.13 Now +5.8%	$199.13 (ATM) $189 / $209	$190.81 $207.45	30	$24,960.64	$+768.75 (+3.1%) Black-Scholes	14d Outside