Options Playbook Radio 70: Continuing Christmas Tree Butterflies

In this episode, we are continuing our coverage of Christmas Tree Butterflies. For those of you with the hardcover version of the book, this is on pages 118 (calls) and 120 (puts). If you are following along online, you can find everything you need on OptionsPlaybook.com.   Today Brian discusses: Back to earnings season equals good scenarios for butterflies Why? Creating a paper trade with Amazon, using puts Setting up the trade What strikes we are using What will this cost? Where do you want the stock to go? Having realistic expectations What is the upside? And more