With an IVR of 51.5 on Microsoft
I sold an Iron fly with 29 days to expiration for $2.32
This is a neutral trade and we make money as long as price stays between $65.18 and 69.82 in the next 29 days.
The trade:
Long 72.5 Call
Short 67.5 Call
Short 67.5 Put
Long 62.5 Put
Max win $232 per contract