Real-World Trading: Learning to Profit from a Broken Wing Butterfly, Part VIII
Our study of a broken wing butterfly [BWB ] is winding down with just a few days until the expiration of November options. We started this series back in early October when we entered a mock trade on Apple ( AAPL ) using a BWB strategy. In review, a BWB trade is similar to a regular butterfly where we have wings and a body. Three different option strikes are used, using the same expiration month …
Published Nov 16, 2010.
Read more: Optionetics.com via Yahoo! Finance