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Options Playbook Radio

Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio.

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  2. Options Playbook Radio 111: Continuing the Long Butterfly Spread with Puts

Options Playbook Radio 111: Continuing the Long Butterfly Spread with Puts

Jun 9, 2016

This week, we are continuing the conversation about long butterfly spreads with puts that started last time. You can find this information on page 104 of the Options Playbook, or on OptionsPlaybook.com.

In this episode, Brian discusses:

  • A review of last week.
  • What was the plan?
  • Does the plan need to be revised?
  • Can we still make a profit?
  • How to manipulate the legs to create a new, profitable positions.
  • What is the new plan?
  • What is the maximum risk? Reward?
  • What do we want to happen?