The Long Put Butterfly is a limited risk, slightly bearish option strategy that profits when the strategy increases in value and will generally happen because the underlying stock, future or ETF decreases in price to a traders target location. Maybe more importantly, in this video, we’ll show a couple of hacks to help avoid paying too much for this strategy because without cracking the code to trading options, traders will likely not understand why this strategy didn’t perform as expected.

Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 30-year professional trader, as he explains how traders of a Long Put Butterfly can take advantage of a bearish move in the stock, future, or ETF while avoiding mistakes that will cost money. Eric will show traders how to crack the code to trading options and by the end of this webinar, most of you will go away all the wiser.