$MDLZ @ $52.74
BTO 1 MDLZ Jan 22: 40 Put / 65 call long strangle @ $4.65
STO 1 MDLZ July 02: 52.50 short straddle @ $2.38
Going aggressive on the first sale, bringing in over 50% cost of the long strangle emergency covers.
583 days left to sell more premium.