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Brian begins this first episode of the new year by discussing the markets. Then he looks at a SPX put butterfly trade.

The Options Playbook\\xa0is available at\\xa0OptionsPlaybook.com, or on\\xa0Amazon.

Do you have a question that you want to be answered on a future episode? Send it to Brian at\\xa0TheOptionsGuy@Invest.Ally.Com\\xa0or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @BrianOverby.