Using Directional Butterflies For Huge Option Profits
Directional butterfly spreads are a great way to gain cheap exposure to a stock.
In this example, we were bullish on CRM in early May when it was trading at $121 and placed a 3-month butterfly centered at $130. The trade cost $49 with a max profit of $450 per spread. By June 5th, the trade was +$46 or 93%.
Video Length: 00:05:19
Disclaimer: The information above is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are ...
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