Options Playbook Radio 58: Back to Butterflies
Options Playbook Radio 58: Back to Butterflies
\nIn this episode, we\u2019re discussing skip strike, or modified/broken wing butterflies. If you\u2019re playing the home game, you can find this information on page 108 (skip strike butterflies with calls) or page 110 (skip strike butterflies with puts). Additionally, it\u2019s always available on OptionsPlaybook.com.
\nToday, Brian discusses:
\n- \n
- Understanding butterflies first \n
- How a skip strike butterfly is different than a regular butterfly \n
- Risk trade-offs versus a standard butterfly \n
- Benefit: doing it for a credit \n
- Why you want to be directional in your forecast \n
- And more\u2026 \n