The Options Insider

Option Playbook Radio 76: Inverse Skip-Strike Butterflies

by | Sep 3, 2015 | Brokerage Information, Education, Radio Show

You have butterflies. You have skip strike butterflies. And now you have INVERSE skip strike butterflies. Whoa.

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Download Option Playbook Radio 76: Inverse Skip-Strike Butterflies

In this episode, we are discussing an inverse skip-strike butterfly, which you can find on pages 112 (calls) and 115 (puts) of The Options Playbook. You can also find all of this information on OptionsPlaybook.com.

Today Brian discusses:

  • The set-up of an inverse skip-strike butterfly
  • What do we want to happen?
  • How much will it cost?
  • What is the maximum risk?
  • What is the maximum gain?
  • When does this make sense?