What are Butterfly Spreads?

This podcast looks at butterfly spreads in futures, specifically crude oil. We breakdown the spread to understand the theory and directionality, and we look at how seasonal data can help us select a spread.It is one of the new lessons from the Advanced Spread MasterClass. More details here: https://masterclasstrader.com/advanced-spread-trading-course/-This is educational material not trading advice. Trading futures involves substantial risk of loss. As always, seek financial advice before trading. Please refer to masterclasstrader.com for full T&Cs. -