Great thanks to everyone who participated in the Options Playbook Radio 100th episode extravaganza. Today, we are heading back to the playbook and looking at a YHOO skip-strike butterflies with an approximately 15-day expiration.
Specifically:
Avoiding the expiration that has the earnings
Setting up the trade
What is the maximum profit?
What is the maximum risk?
What do we want to happen in YHOO?
When would you use a skip-strike butterfly?
What's the worst-case scenario?
Want to check another podcast?
Enter the RSS feed of a podcast, and see all of their public statistics.