Feb 14, 2018
We are back to the playbook this week and taking a close look at
Wynn Resorts. There is a lot of volatility in the stock these days
with the CEO in the news quite a bit these days. We are looking at
a very short-term butterfly. You can find more on page 104 of
The Options Playbook, which is always available on
OptionsPlaybook.com, in on the Amazon Kindle edition.
- Why a very short-term trade?
- What is the desired outcome?
- What about the stock going ex-dividend?
- Setting up the trade
- Why use puts?
- Selecting strikes
- What is the cost?
- When to get out?
- Looking at net theta versus net delta
Do you have a question that you want answered on a future
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or to the Options Insider at email@example.com.