Options Playbook Radio 199: Comparing a Butterfly and an Iron Condor in Costco
Last week we talked about a Costco butterfly. Let's revisit what has happened since. You can find more on page 102 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.
Specifically:
- A review of last week
- Where is Costco trading now?
- Setting up the trade
- Why timing matters
- Comparing this to an iron condor
- Why timing matters, part two
- More risk, more reward?
- Selecting strikes
- What is the desired outcome
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.