... for a 1.01 credit.
Comments: Adding to my TAN position at a strike/break even better than what I currently have on. Here, going Plain Jane short put, since there isn't a great advantage to going monied covered call here because the IV skew isn't between the call and put sides isn't significant.
Metrics:
Buying Power Effect/Break Even: 31.99
Max Profit: 1.01
ROC at Max: 3.16%
50% Max: .52
ROC at 50% Max: 1.58%
Will generally look to take profit at 50% max.