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

The Option Alpha Podcast

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Trade Iron Butterfly 30 Days for Piration or 60 Days From Expiration?

We compared trading this iron butterfly 30 days for piration versus 60 days from expiration. For every dollar that i put into that strategy, a little bit longer duration, i expected to get a little bit more money out of it in fit. The biggest win for the short duration strategy was 668 dollars, and the biggest wind for the long duration strategy was 560 dollars. But when it came to the worst loss, the worst loss was seen also on the short duration Strategy.

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