Short M 88/92/96 Call Fly – Short M 83/80/76 Put Fly with 289 days to expiry, 12.5% delta.
Maybe a slow burner but this trade going through today looks a decent idea (traded 5000 @ 0.01), especially given it current value. We have it near 3-year lows (its 10-year average is 0.0575), with a Z-Score of -2.11. If this payout matches your views, it’s probably worth a look.
