short butterfly spread

Discussion in 'Options' started by met1989, Mar 23, 2019.

  1. met1989

    met1989

    hey where can i find info about the short butterfly spread ?
     
  2. Robert Morse

    Robert Morse Sponsor

  3. met1989

    met1989

  4. Robert Morse

    Robert Morse Sponsor

    Whisky in hand...all good.
     
    PennySnatch, Nobert and sle like this.
  5. FSU

    FSU

    Money never sleeps
     
  6. Robert Morse

    Robert Morse Sponsor

    upload_2019-3-23_17-49-46.png

    Or does it...........
     
  7. met1989

    met1989

    So basically where can I find more info about this trade how to place it when etc ...
     
  8. Robert Morse

    Robert Morse Sponsor

    Honestly, with respect, you're a little lazy. When you look at this graph, when does it tell you, you should sell this spread? Where do you make money, if the stock does what? Where do you lose? Under what expectations would you sell a butterfly vs buy? What strikes would you choose and why? This is not hard but I'm not going to tell you.


    upload_2019-3-23_18-19-27.png
     
    jys78 likes this.
  9. destriero

    destriero

    This has failure written all over it.

    -Zero intellectual curiosity
    -Feeling of entitlement
    -Apply short butterfly to EVERYTHING

    Doomed.
     
    jys78 and cdcaveman like this.
  10. met1989

    met1989

    Why is it doomed for failure ,
     
    #10     Mar 23, 2019