Podcasts Business Options Playbook Radio Options Playbook Radio 101: YHOO Skip-Strike Butterfly

Options Playbook Radio 101: YHOO Skip-Strike Butterfly

Published: March 31, 2016, 7:32 p.m.

Great thanks to everyone who participated in the Options Playbook Radio 100th episode extravaganza. Today, we are heading back to the playbook and looking at a YHOO skip-strike butterflies with an approximately 15-day expiration.

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Specifically:

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  • Avoiding the expiration that has the earnings
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  • Setting up the trade
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  • What is the maximum profit?
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  • What is the maximum risk?
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  • What do we want to happen in YHOO?
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  • When would you use a skip-strike butterfly?
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  • What's the worst-case scenario?
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