Ultimate Guide To Trading Call Broken Wing Butterfly Spreads

http://optionalpha.com - A call BWB spread is an advanced strategy where you take a traditional butterfly spread above the market and skip 1 strike to create an unbalanced spread. These strategies are typically done for a net credit with the goal of having no risk to the downside should the stock keep falling. Skipping a strike allows you do to this because you buy a further OTM call option at a cheaper price which reduces the overall cost of the strategy. ================== Listen to our #1 rated investing podcast on iTunes: http://optionalpha.com/podcast ================== Download a free copy of the "The Ultimate Options Strategy Guide": http://optionalpha.com/ebook ================== Still working a day job? Then our "Take 5" segment is for you. 5 mins videos each day on 1 thing you can apply trading options: http://www.youtube.com/playlist?list=PLhKnvfWKsu40z0EnsX0TNqCgUzb8tmM04 ================== Start our 4-part video course (HINT: these videos are NOT posted anywhere else online): http://optionalpha.com/free-options-trading-course ================== Just getting started or new to options trading? Here's a quick resource page we made that you'll love: http://optionalpha.com/start-here ================== Register for one of our 5-star reviewed webinars: http://optionalpha.com/webinars ================== - Kirk & The Option Alpha Team

Comments

1. Well done. Do u favor the 1/2/1 BWB vs. Unbalanced (1/3/2) BWB that's on the TOS platform? I would be interested in your take on the Unbalanced fly.
2. great video and clear explanation on tos. thank you very much!
3. Thanks for the video. Would the same thing work on the put side. For example if I believe a stock is going up just not sure by how much could I use this strategy with puts?
4. Are they both bullish directional strategies?
5. What's your opinion on ratio call spread vs. Broken wing butterfly, please explain. Thanks for the video