152: Short Straddle Or Short Iron Butterfly?

Episode 152 of the The Option Alpha Podcast podcast, hosted by Kirk Du Plessis, titled "152: Short Straddle Or Short Iron Butterfly?" was published on January 21, 2019 and runs 41 minutes.

January 21, 2019 ·41m · The Option Alpha Podcast

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Summary

Show notes: http://optionalpha.com/show152 You're looking at a great setup for a neutral trade, but which neutral strategy do you use? Short straddle or short iron butterfly? It's a question we get all the time and today's podcast focuses exclusively on the trade-offs of using one strategy over the other. And while both strategies are built using the same core short straddle position, the choice of adding protection or not using long OTM options can sometimes lead to analysis paralysis. So, l...

Episode Description

Show notes: http://optionalpha.com/show152

You're looking at a great setup for a neutral trade, but which neutral strategy do you use? Short straddle or short iron butterfly? It's a question we get all the time and today's podcast focuses exclusively on the trade-offs of using one strategy over the other. And while both strategies are built using the same core short straddle position, the choice of adding protection or not using long OTM options can sometimes lead to analysis paralysis. So, let's clear this hurdle together.

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