To the guy at 26 minutes, NEVER NEVER NEVER use a stop in a butterfly. The bid/ask spread can sometimes be the most horrendous thing I've ever seen, even in the biggest most liquid stocks. Your risk should be the max loss of the butterfly. Period. Also, this is true of most options strategies. The great thing about this strategy is that time is on your side, unlike naked options and long vertical spreads. Always give the market time with this strategy. Options strategies require a completely different mindset compared to conventional trading.
After watching dozens of TH-cam and even paid courses, I can vouch this video to be one of the best and full of insider type information. starting 11: 40 he is giving out free nuggets which you would pay for in most cases. Thanks Guru.
Excellent job. Gleaned a great deal from your presentation today. Really enjoyed learning from your content and delivery with the other financial institution. Be well.
10m18 risk graph formation 59m wider strikes reasoning1:05 want high IV 4bwb , call Ben maybe advantages cuz if market goes up iv goes down,put Ben if price goes down iv going up so more expensive
I think that if you explain the strategy on the chart, it is better than explaining it on option chains or on any drawing or lines. Why doesn't anyone really explain option strategies on the chart if you want people to understand?
Very useful presentation, thank you! You’re a far better instructor than Tony. Please please don’t dumb it down; the content level is just great!
To the guy at 26 minutes, NEVER NEVER NEVER use a stop in a butterfly. The bid/ask spread can sometimes be the most horrendous thing I've ever seen, even in the biggest most liquid stocks. Your risk should be the max loss of the butterfly. Period. Also, this is true of most options strategies. The great thing about this strategy is that time is on your side, unlike naked options and long vertical spreads. Always give the market time with this strategy. Options strategies require a completely different mindset compared to conventional trading.
Excellent video, thank you!
After watching dozens of TH-cam and even paid courses, I can vouch this video to be one of the best and full of insider type information. starting 11: 40 he is giving out free nuggets which you would pay for in most cases. Thanks Guru.
For the wing width, 5% (or 0.05) of 4047 is 202. Not 20. Clarify please.
Excellent job. Gleaned a great deal from your presentation today. Really enjoyed learning from your content and delivery with the other financial institution. Be well.
Friday to Friday butterfly, why holding over weekend advantageous?
10m18 risk graph formation 59m wider strikes reasoning1:05 want high IV 4bwb , call Ben maybe advantages cuz if market goes up iv goes down,put Ben if price goes down iv going up so more expensive
I think that if you explain the strategy on the chart, it is better than explaining it on option chains or on any drawing or lines.
Why doesn't anyone really explain option strategies on the chart if you want people to understand?
Because risk graphs are the easiest way to illustrate option strategies.
Hard to follow your mouse. It would help if it were larger and a contrasting color.