Dan Sheridan is back with Brian, and today they are discussing how to set up an iron butterfly on the RUT. You can find this on page 106 of the Options Playbook, or on OptionsPlaybook.com.
They discuss:
- Looking at a two-week iron butterfly in RUT
- Where has RUT been for the last six months?
- Setting things up, and why might width be different?
- What is the risk?
- Why do this in a volatile market?
- How and why is this repeatable?
- What is the plan?
- And more
