CCS
CENTURY COMMUNITIES, INC.
stock NYSE

yea after being at such lows, bound to have a massive recovery day - just be a perma bull and play PCS! (instead of CCS)

For an IC or a CCS or PCS, it’s simple.
If your spread is 5 wide, your max loss would be 500/contract, less the premium received. If you received 1.25 in premium it would be 1.25 into the money of the short position. Either into the call side or into the put side.
E.g. -105C/+110C. Premium rx = 1.25. Then your breakeven is 106.25 considering premium if the call side is threatened.
For an IC you’d count the entire credit, because both sides cant be simultaneously true. So you can assume the premium was 0.75+0.50 for the two sides or something like that.
An IC is easy to calculate, it’s just a pair of spreads, a butterfly is not that hard either but you just have to walk through it. Probably best to draw the profit curve at expiration then you can figure things out.
It’s just simple algebra, you shouldn’t need chat gpt. Predicting the value before expiration is harder.