Iron Butterfly (ATM Credit Spread)

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

Credit Received

$254,285.52

Cost to Close

$275,606.76

Total P&L

$-21,321.24

Return

-8.38%

Positions

Positions by Stock (8 stocks, 14 entries)

BG Bunge Limited Consumer Staples 📈 📊 🔍

Current: $117.29

Credit: $29,600.93 Value: $29,146.52 P&L: $+454.41 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-25 consolidating	9d	$121.38 Now -3.4%	$121.38 (ATM) $115 / $127	$116.83 $125.93	65	$29,600.93	$+454.41 (+1.5%) Black-Scholes	21d In Zone

PM Philip Morris International In Consumer Staples 📈 📊 🔍

Current: $168.90

Credit: $29,952.99 Value: $34,652.03 P&L: $-4,699.04 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-27 consolidating	7d	$186.83 Now -9.6%	$186.83 (ATM) $177 / $196	$179.78 $193.88	21	$14,797.94	$-2,651.82 (-17.9%) Black-Scholes	23d Outside
#2	2026-02-18 consolidating	16d	$182.67 Now -7.5%	$182.67 (ATM) $174 / $192	$175.78 $189.56	22	$15,155.05	$-2,047.22 (-13.5%) Black-Scholes	14d Outside

MNST Monster Beverage Corporation Consumer Staples 📈 📊 🔍

Current: $75.50

Credit: $31,178.57 Value: $35,923.45 P&L: $-4,744.88 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-13 consolidating	21d	$81.48 Now -7.3%	$81.48 (ATM) $77 / $86	$78.39 $84.57	101	$31,178.57	$-4,744.88 (-15.2%) Black-Scholes	9d Outside

MDLZ Mondelez International, Inc. Consumer Staples 📈 📊 🔍

Current: $58.17

Credit: $31,170.20 Value: $31,055.90 P&L: $+114.31 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-02 consolidating	4d	$60.44 Now -3.7%	$60.44 (ATM) $57 / $63	$58.15 $62.73	68	$15,587.37	$-216.02 (-1.4%) Black-Scholes	26d In Zone
#2	2026-02-23 consolidating	11d	$60.38 Now -3.7%	$60.38 (ATM) $57 / $63	$58.09 $62.67	68	$15,582.83	$+330.33 (+2.1%) Black-Scholes	19d In Zone

MKC McCormick & Company, Incorpora Consumer Staples 📈 📊 🔍

Current: $64.81

Credit: $31,345.95 Value: $34,527.02 P&L: $-3,181.07 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-02 consolidating	4d	$69.90 Now -7.3%	$69.90 (ATM) $66 / $73	$67.25 $72.55	59	$15,662.01	$-1,531.29 (-9.8%) Black-Scholes	26d Outside
#2	2026-02-24 consolidating	10d	$70.00 Now -7.4%	$70.00 (ATM) $66 / $74	$67.34 $72.66	59	$15,683.94	$-1,649.78 (-10.5%) Black-Scholes	20d Outside

CAG ConAgra Brands, Inc. Consumer Staples 📈 📊 🔍

Current: $18.92

Credit: $31,880.12 Value: $31,270.77 P&L: $+609.35 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-04 consolidating	2d	$18.85 Now +0.3%	$18.85 (ATM) $18 / $20	$18.13 $19.57	149	$10,674.24	$+99.76 (+0.9%) Black-Scholes	28d In Zone
#2	2026-03-02 consolidating	4d	$19.18 Now -1.4%	$19.18 (ATM) $18 / $20	$18.45 $19.91	145	$10,597.35	$+176.73 (+1.7%) Black-Scholes	26d In Zone
#3	2026-02-27 consolidating	7d	$19.25 Now -1.7%	$19.25 (ATM) $18 / $20	$18.52 $19.98	145	$10,608.53	$+332.87 (+3.1%) Black-Scholes	23d In Zone

KDP Keurig Dr Pepper Inc. Consumer Staples 📈 📊 🔍

Current: $28.09

Credit: $34,385.43 Value: $34,401.65 P&L: $-16.21 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-03-02 consolidating	4d	$29.97 Now -6.3%	$29.97 (ATM) $28 / $31	$28.81 $31.13	147	$17,051.87	$-991.36 (-5.8%) Black-Scholes	26d Outside
#2	2026-02-19 consolidating	15d	$29.10 Now -3.5%	$29.10 (ATM) $28 / $31	$27.97 $30.23	154	$17,333.56	$+975.15 (+5.6%) Black-Scholes	15d In Zone

COKE Coca-Cola Consolidated, Inc. Consumer Staples 📈 📊 🔍

Current: $202.41

Credit: $34,771.32 Value: $44,629.42 P&L: $-9,858.10 (+0.0%)

Entry	Date	Held	Stock Price	Strikes (ATM/Wings)	Breakeven (Low/High)	Contracts	Credit	P&L	Expiry
#1	2026-02-09 consolidating	25d	$154.09 Now +31.4%	$154.09 (ATM) $146 / $162	$148.09 $160.09	58	$34,771.32	$-9,858.10 (-28.4%) Black-Scholes	5d Outside