MacroVoices #353 Luke Gromen: The Fed Is Headed For Difficult Decisions
Macro Voices
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Using the Butterfly Put Spread as a Hedge in the Market
In order to hit that max profit point you have to be in the sweet spot of being right about the timing and as well the level for this. The middle strike 3500 is the main area where you're going to see the maximum profit. If we get there too soon for example the payoff won't be maximum profit but it might be three to five X return on your initial investment.
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