Options Playbook Radio 80: Iron Butterflies, Continued

Published: Oct. 2, 2015, 12:05 a.m.

In this episode, Brian is joined by Dan Sheridan from Sheridan Options Mentoring. They continue the discussion of Iron Butterflies, which began last week. If you have a hardcover version of the book, this is on page 106.

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They discuss:

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  • What is the difference between an iron condor versus an iron butterfly?
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  • Why are iron butterflies popular?
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  • Receiving a credit versus paying a debit.
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  • What about risk?
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  • Advantages of iron butterflies
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  • Are iron butterflies better than other strategies?
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  • What underlyings do people like to do iron butterflies on?
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  • What about taxes and commissions?
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