Great blog! I have been trading butterflies lately on individual stock names and trying to learn about them. I’m fairly new to options and love the added dimension of volatility. You mention in your blog that skew is important for flies since you’re short the body and long the wings. So a flat skew would [...]
Much like the condor or iron condor, the butterfly spread is another popular trade among options traders. This spread also has an “iron” version (a spread that incorporates calls & puts) and has the potential to earn more than the iron condor at a quicker rate. The larger and quicker returns also come [...]
Came across a trade idea from Steve Place today. I haven’t really discussed how I like to structure ATM of directional butterflies, although, I do have a few trade examples under my Butterfly Spread category on the right.
Here’s the basic premise of his idea:
UA reported earnings that were pretty [...]
I’ve had some changes since I wrote many of the articles on my education section so I think it is time to revamp them. I plan on adding a butterfly, broken wing butterfly, and back spread section since I trade them quite often.
Leave a comment, send me a tweet (@victormora), or send [...]
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- Quick Take On The Markets & Watchlist
- Markets Keep Exploding And Options Watchlist
- Reader Question: Butterflies and Implied Volatility Skew
- What Led The Market This Week? (And Watchlist)
- Defensive Sectors Leading The Market & Watchlist
- Breaking Down This Week’s Winners & Watchlist For Next Week
- What Sectors Are Leading The Market?
- Market Strength and My Watchlist
- Implied Volatility Skew and What It Tells Us
- An Interesting Take on Selling Implied Volatility Here
