For the last few episodes, we explored backspreads in SNAP. This
week we shift gears to another name that is highly volatile right
now, United Air Lines. Let's explore a long butterfly spread with
In this episode:
A review of the SNAP backspreads
Volatility in UAL skyrockted
Why choose a butterfly spread?
Choosing a one-day trade
Setting up the trade
What is the cost?
What do we want to happen?
About the Podcast
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. Whether you’re looking to grow your capital with some offensive maneuvers or protect your investments with defensive plays, you can find them all in the Options Playbook. Options involve risk. Please refer to https://www.ally.com/invest/disclosures to review additional risks involved with trading options.