What are my Options?, page-15

@semage77 - I'm posting this from an older laptop which is the only PC I have excel on now but wanted to show you how your trade looks in the free version of Hoadley. I put prices in from when XJO was trading around 5400 and it's come up with a 12 point debit instead of the 11 you have - however, it still gives the overall picture.

Let me know if you are still having problems with HOadley. I know you have to add Hoadley as an add-in into excel. Not sure if that's the issue but will see if I can hunt down the info again for you if it is. I attribute the many hours I spend with the Hoadley software to much of my understanding of options!

Below is the image of the butterfly. I have set IV to 13% however that has increased a bit now. You will notice a little reset arrow on the bottom right of the image and I have outlined it in red. You can increase/decrease volatility in there and it shows the impact it will have on the trade.