#DiagonalButterfly

BTC MDLZ Aug 14 $55.0 short straddle @ $1.20 (originally sold for $1.21)
STO MDLZ Aug 21 $56.0 short straddle @ $1.03

I’ve noticed that the bid/ask spread on the calls is outrageous and very difficult to get filled without giving up too much. If this continues I will shut down this particular set.

Cover is the Jan 2022 long $40 put / $65 call strangle.