Hey everyone – Scott Bauer from Prosper Trading Academy here. In exploring advanced options strategies, it’s crucial to understand how variations can be applied to tailor risk and reward. Today, I’m ...

Butterfly spreads involve buying one option at a lower strike price, selling two options at a middle strike price, and buying one option at a higher strike price. This strategy is typically used to ...

Netflix (NFLX) shot higher following theirearnings calllast week, but there is now a large unfilled gap between 500 and 540. Today we’re looking at a broken wing butterfly trade that creates a profit ...

Shares have rallied hard over the past four weeks on strong volume. The long-term trend remains bearish, with profitability remaining in negative territory. The sale of the call broken wing ...

We recently looked at a broken wing butterfly trade on NvidiaNVDA. So, let's view another example, this time on Meta PlatformsMETA. This trade has no risk on the upside, some income potential and a ...