In what circumstance would Brian give out the “Stupid Award?”
Download Options Playbook Radio 78: When Should You Use Inverse Skip Strike Butterflies
Lately, we have been discussing inverse skip-strike butterflies. Today, we are discussing times when it is a good idea to use inverse skip strike butterflies.
Today, Brian discusses:
- What will the Fed do? (They kept rates steady)
- Setting up an inverse skip strike butterfly on the bearish side of the S&P 500
- What will it cost?
- What do you want to happen?
- What is the risk?
- Don?t forget about margin
- What is the best-case scenario?
- What is the maximum reward?
- And more