Help Neutral Butterfly

Discussion in 'Options' started by omitrademan, Jun 3, 2009.

  1. I am a parttime trader trying the Neutral Butterfly strategy using TOS brokerage.

    I don't understand with the commission of the total trade $1.25 * 8 (buy and sell) what options would be a good for butterfly (i mean based on price).

    Also what is a good exit strategy?