How To Adjust a Butterfly

Our primary strategy when trading the last day of expiration on options with the S%P is the Butterfly. We use symmetric, broken wing and unbalanced butterfly strategies. Our technique is to place them way Out of The Money (OTM) and then collect premium if price glances its wings, or decides to go for the heart of the Butterfly. Every once in a while the butterfly gets away, or more precisely, price moves away. So, we can abandone the trade, or we can make an adjustment just in case it decides to flirt back towards us so we can smash it and collect all the profit.

Episode details come from the podcast's RSS feed.

Embed this episode

Attribution link and audio player

Ready to play

How To Adjust a Butterfly

0:00 19:24

No transcript yet.

Requests help us decide what to transcribe next.

Share this episode

Similar podcasts

French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world?

Frequently asked questions

How long is this episode of Zero Days To Expiration?

This episode is 19 minutes long.

When was this Zero Days To Expiration episode published?

This episode was published on November 21, 2021.

Can I download this Zero Days To Expiration episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.