The Butterfly Option Strategy in Bullish, Bearish, or Neutral Market Patterns for #Stocks

how did they calculate $280 for this butterfly?

The butterfly chart is fascinating, however, the audio and demo were rapidly demonstrated-- difficult to grasp for a newbie like me. How about slowing down to cruise control!

Tom you did it again. I am learning a lot. Thanks to you and your great team.

Loved it!

I get the entry and you show that. But since if never done a butterfly or any combinations trade... can you show how simple to exit. No one shows that... thanks

A word of unsolicited advice to folks who may be new to trading options. Make sure to wrap your brains around being able to read a chart before attempting a butterfly or any advanced options strategy. If you must then paper trade. Trading this or any fixed risk strategy without having a solid understanding of the underlying price action and all that it implies is tantamount to bleeding your account dry. Trading, whether the actual stock itself or the options, without this knowledge is akin to putting the cart before the horse. Good luck!

Are the "sell" options in the middle strike that the stock is ranging? What is percentage that you win with this strategy (close profitably for any amount)?

Someone in the comment section just spoke my mind. If you are beginner and want to make great progress, instead of trying out strategies new to you and making mistakes. I work with a portfolio manager in mn, Meghan Paige Villanueva. It is best you consult with one based on your financial situation to properly advise you. With over $125k in profits under my investment accounts since 14 months ago, I will say it is the best alternative I chose to investing.

First time watching
100% enjoyed

Could tell us more what is the IV range effect and how to handle assignment risk & different expiry of sell and calls?