Net, the trader paid about 1.133 for each MPC 3-lot sold against every 10-lot bought. A premium outlay of about 340,000 dollars.
Dissecting Synthetics: Don’t Be Baffled By Iron Butterfly Spreads
http://tickertape.tdameritrade.com/options/2016/02/synthetics-butterfly-spreads-68075
U.S. Stocks Slip From 6-Week High As Recent Rally Leaders Falter
http://www.bloomberg.com/news/articles/2016-02-23/u-s-stock-index-futures-decline-on-renewed-concerns-over-china
Hot Options Report For Midday Feb 23rd – ABX, MSFT, FTR, LOW, ADT, X, DIS, WFT
Most Active Equity Options And Strikes For Midday February 23rd
The Big Bet Against Market Volatility
http://www.cnbc.com/2016/02/23/the-big-bet-against-market-volatility.html
Would-Be Exchange IEX Now No. 2 Private U.S. Stock-Trading Venue
http://finance.yahoo.com/news/exchange-iex-now-no-2-182834973.html;_ylt=A0LEVu.Ta8xW7iUACwknnIlQ;_ylu=X3oDMTEybXViY2tqBGNvbG8DYmYxBHBvcwMxBHZ0aWQDQjE2MzhfMQRzZWMDc2M-
Weekly Market Outlook ? Bias Is Overall Bullish Currently
http://www.cboeoptionshub.com/2016/02/22/19771/
Playing Volatility Via The VIX Has Little Downside Right Now
http://www.foxbusiness.com/markets/2016/02/22/playing-volatility-via-vix-has-little-downside-right-now.html
BATS Gets Go-Ahead To Police Manipulative Traders Faster
http://www.tradersmagazine.com/news/ecns_and_exchanges/bats-gets-go-ahead-to-police-manipulative-traders-faster-115029-1.html
VIX Futures Send A Bullish Signal For Stocks
http://blogs.wsj.com/moneybeat/2016/02/22/vix-futures-send-a-bullish-signal-for-stocks/
Japan Stocks Fall As Strengthening Yen Overshadows U.S. Rally
http://www.bloomberg.com/news/articles/2016-02-23/japanese-stocks-climb-after-u-s-shares-rebound-with-oil-prices
As U.S. Crude Rallies, Investors Jump On Bearish Options Bets
http://uk.reuters.com/article/oil-markets-volatility-idUKL3N1614YT


