This week we will look at a long butterfly with calls. You can find more on page 102 in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.
- A review from last week (diagonal spread with calls)
- Staying in FedEx
- Earnings! June 19'
- Setting up the trade
- Selecting strikes, expiration
- What is the maximum risk? Reward?
- What do we want to happen?
- And more...
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