| Don't tell me. The skull, the corny line, your name must be Bonehead right?|
The title of this article is conjectural.
It is unknown how Doctor Strange obtained the Cloak of Levitation.
The Cloak of Levitation allowed Doctor Strange to float and fly through the air.
Other then flight the Cloak of Levitation gives it's user a limited degree of protection. During a battle between Doctor Strange and Baron Mordo, Mordo called down the Rain of Raggadorr and Doctor Strange covered himself with the Cloak of Levitation and it was able to shield him from Mordo's attack.
In the comics
After Doctor Strange prevailed in a battle with Dormammu, the Ancient One gave Doctor Strange the Cloak of Levitation as a prize.