The Long Call Butterfly is an option strategy that profits when the stock, ETF or Future stays within a tight trading range (Market Neutral Assumption) or migrates higher (slightly Bullish Market Assumption) to a price location the trader or investor believes to be a target. Most of the time, when trading options, we associate “Long” option strategies with the need for an outpaced move in the stock, ETF or Future in order to profit, but that is not the case with the Long Call Butterfly. Swing Traders and investors who are looking to profit on an underlying asset that is not making you money any other way, will not want to miss when, where and why the Long Call Butterfly is the best strategy for the given market conditions but most importantly HOW to build a Long Call Butterfly properly!

Spotting the correct market conditions is paramount to the success of the Long Call Butterfly. This is why I spend so much time on the when, where, why and how to trade the Long Call Butterfly option strategy. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25 year professional trader, as he will show you how to spot the best time to implement the Long Call Butterfly.