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Options Playbook Radio

Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio.

Oct 2, 2015

In this episode, Brian is joined by Dan Sheridan from Sheridan Options Mentoring. They continue the discussion of Iron Butterflies, which began last week. If you have a hardcover version of the book, this is on page 106.

They discuss:

  • What is the difference between an iron condor versus an iron butterfly?
  • Why are iron butterflies popular?
  • Receiving a credit versus paying a debit.
  • What about risk?
  • Advantages of iron butterflies
  • Are iron butterflies better than other strategies?
  • What underlyings do people like to do iron butterflies on?
  • What about taxes and commissions?