Now that earnings season is over, it's time to get back to the basics. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.
- A review of last week
- Setting up a long put butterfly in SPX
- Where is the SPX now?
- Where is volatility?
- Selecting strikes
- Using the nearest-term expiration
- Settlement is at the close on Friday
- What's the upside? Downside?
- What do we want to happen?
- How to roll into a short put spread
- Remember commissions!
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