Jul 30, 2015
Today, we are still discussing Christmas Tree
Butterflies. For those of you with the hardcover version of the
Options Playbook, you can find this on page 118. If you are
following along online, it is all at OptionsPlaybook.com.
Today, Brian discusses:
- Why are we talking about Christmas Tree
Butterflies around earnings?
- Using a real-world example with FB
- The normal Christmas Tree Butterfly
- Customizing the Christmas Tree Butterfly to
- Maximum risk, maximum reward
- What is the forecast on the underlying?