Overview of Butterfly Strategies

Understanding the Greeks in Butterfly Strategies

Setting Up Your First Butterfly Spread

Portfolio Beta Weight

Rolling Up and Down

Strategy rolling advantage

Adding Protective Calls and Puts

An example of Protective Calls Or Puts

Rolling Out in Time

Adjusting Strike Prices

Closing One Side of the Butterfly

Interactive Quiz 1 - Basic Adjustments

Doubling Down

Adding Another Butterfly Spread

Hedging with a Calendar Spread

Hedging with a Calendar Spread Scenario

Interactive Quiz 2 - Advanced Adjustments

Scenario 1 - Increasing Volatility

Scenario 2 - Decreasing Volatility

Scenario 3 - Price Movement Upwards

Scenario 4 - Price Movement Downwards

Case Study 1 - Real Market Example

Case Study 2 -Which option comes with the profit and loss?

Case Study 3 - Adding a butterfly to the existing butterfly

Case Study 4 - Lock the profit from one of the positions of the butterfly

Case Study 5 - The butterfly roll

Case Study 6 - Realization of part of the position

Case Study 7 - Converting the butterfly to a bear call spread

Case Study 8 - Converted the butterfly to a strangle

Case Study 9 - Change to one position we bought

Case Study 10 - Lock in a profit from options we sold

Summary and Review