Options Playbook Radio

We are continuing the discussion of options pricing. This week we take a deep dive into pricing of a butterfly.


  • Looking at a 10-day butterfly in AAPL
  • Picking a five-point spread
  • What strikes and expirations to choose?
  • What will this cost?
  • What is the maximum risk and reward?
  • What do we want to happen?
  • What impacts the pricing of butterflies?
  • Managing expectations
  • Looking at the same thing for a November 17 expiration
  • What is the ideal scenario?
Direct download: OptionsPlaybookRaido178.mp3
Category:financial podcast -- posted at: 1:44pm CST