211: Iron Butterfly Strategy - 8 Tips Before Your Next Trade
The Option Alpha Podcast
00:00
Using Iron Butterflies as a Strategy
iron butterflies are some of the most popular strategies you can trade. They take advantage of a lot of different things that traders like to do, selling premium, collecting a credit and having risked to fine characteristics them up as high probability trades. Time decay is going to work in your favor for iron butterflies because youare a net option seller. The outside strikes of your iron butterfly are going to decay in value, and they are long contracts, so that works against you for those positions.
Transcript
Play full episode
