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Swing Trades Using Options -Sideways Moves- #2. Short Iron Butterfly
August 5 @ 4:15 pm - 5:15 pm EDT
The Short Iron Butterfly profits when the price of the underlying asset moves within a somewhat tight trading range. I will discuss how a Swing Trader, who may be looking to take advantage of an underlying that is just stuck. A trader will get more bang for their buck, and with less risk, most other options.
Identifying the trend is generally obvious to the success of any trade, and I touch on that in this webinar but more importantly how you can make money when you really don’t have an underlying that just doesn’t move very much. You will find out how using options can limit your risk and increase the probabilities of a successful trade. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25 years professional trader, as he will show you how to spot the best time to use the Short Iron Butterfly option strategy.