Taking a play into FedEx earnings with a long butterfly using calls
Listen to Options Playbook Radio 213: Long Butterfly with Calls
This week we will look at a long butterfly with calls. You can find more on page 102 in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.
Specifically:
- A review from last week (diagonal spread with calls)
- Staying in FedEx
- Earnings! June 19′
- Setting up the trade
- Selecting strikes, expiration
- What is the maximum risk? Reward?
- What do we want to happen?
- And more…
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.