Looking at a FB Ratio Put Spread into earnings.
Download Options Playbook Radio 182: FB Ratio Put Spread
Today we are going to look at a ratio spread with puts on FB.
In this episode:
- A review of last week’s skip-strike butterfly in AMZN
- What was the strategy? Expectation?
- Where is AMZN now?
- What about GOOGL?
- How do you want the market to move wihen you have a butterfly position
- FB earnings are coming up. Let’s look at a ratio spread
- What is the outlook?
- Setting up the trade
- Selecting strikes
- What is the cost?
- What do we want to happen?
- What is the cost?
- Remember volatility
