5min chapter

The Option Alpha Podcast cover image

211: Iron Butterfly Strategy - 8 Tips Before Your Next Trade

The Option Alpha Podcast

CHAPTER

How to Adjust Your Iron Butterfly Position

One of the ways that you can adjust your iron butterfly is to roll up or roll down the unchallenged side, the side that the stock is moving away from. We always have to pay for the width of the inversion out of our credit. The key for rolling contracts is you never want to pay money to extend the time. That doesn't make any sense. You're paying money which would increase the risk in the position.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode