Everyday Trader

Monday - Friday | 1:20 - 1:40p CT

Broken Wing Butterfly Opportunities

Everyday Trader

Mike & Nick discuss the broken wing butterfly, and explain why they both like to use it as a hedge against current positions in their account. Mike hedges his BIDU iron fly with an OTM call broken wing butterfly, and explains his rationale behind doing so.

Tune in for a nice discussion!

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