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>> No.52486595 [View]
File: 220 KB, 2000x2000, butterflyspread.png [View same] [iqdb] [saucenao] [google]
52486595

>>52486572
Take the crab pill anon

>> No.52216860 [View]
File: 220 KB, 2000x2000, butterflyspread.png [View same] [iqdb] [saucenao] [google]
52216860

>>52216832
Sell two puts at say $367, buy a put at $371 and $363, for example would be $4 wide wings. The closer to the middle two you sold, the more money you make. Can have $3 wide wings, $8 wide, whatever you want. And if price goes where you think you get paid, won't get fucked by theta or vega because they are on your side. It's my primary trading strategy

>> No.51295295 [View]
File: 220 KB, 2000x2000, butterflyspread.png [View same] [iqdb] [saucenao] [google]
51295295

>>51295223
No, they are dirt cheap, low cost, low risk, high reward, descent probability. Just sell 2 calls at a price you think it will be at, and buy 2 calls equally distant from the two sells. Risk is capped at the cost of it, so no large capital needed at all

>> No.51287993 [View]
File: 220 KB, 2000x2000, butterflyspread.png [View same] [iqdb] [saucenao] [google]
51287993

The butterfly isn't just a pedo symbol. It is the crabs best friend, extracting money from mumu and bobo at the same time

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