Posts Tagged ‘Butterfly Spread’

Butterfly Option Strategy Basics

The Butterfly Spread Not sure how a butterfly works or makes money? No problem. This video is in response to a question from a member. He wanted to know how the trade made money and why he had to exit the trade to get his profit. The answer to the second part of the question…

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Why Trade a Butterfly Option Over A Calendar Spread Option?

Calendar Spread Option VS Butterfly Spread Option? Many readers liked the MCD butterfly option I posted on Friday. Here’s the link if you missed it: http://optiongenius.com/blog/mcd-butterfly/ Calendar Spread Strategy One reader posted an excellent comment that I decided to create a new post about. Here is what he asked: As of Friday’s close, the 75…

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Butterfly Option Trading: MCD

Butterfly Option Strategy for MCD Just added a new option trade in my personal portfolio today. It’s a classic butterfly spread on MCD – McDonald’s. The trade was Buy 2 April 70 puts, Sell 4 April 75 Puts, Buy 2 April 80 Puts for a debit of 3.11 per spread or a total cost of…

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Option Butterfly Spread Being Used As A Hedge

Option Butterfly Spread: A friend emailed me the following. It was taken from an email commentary sent out by OptionsXpress.com “The biggest options trade in the market so far Wednesday (1-12-11) is a block of 80,000 February 121 puts on the SPDR 500 Trust (SPY). The so-called “Spyders” is an exchange-traded fund that holds all…

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