Boring day so step right up!

Options question on a Whiz trade from this morning. What is wrong with this? I’ll post my reply to him at the close today…LOL For the record, I DID NOT take the trade for a few reasons. Trade is a #LongCallDiagonals with protective put. He says max loss is around $5500 for 10 contracts…Hmmm


New XOM long call diagonal w/protective put 10 contracts

Initial trade:

Buy Jan 2020 65 calls & 65 puts @ 20.75 debit

Weekly sale:

Sell Dec 1 2017 83.5 calls