Options Playbook Radio

Today Brian covers a skip-strike butterfly, which you can find on page 109 of The Options Playbook. This is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: What are the right circumstances for trading a skip-strike butterfly? A bad news event in GOOGL creates an interesting situation for options traders Where is GOOGL right now? What exactly is a skip-strike butterfly? What's our forecast? Where is the at-the-money straddle? Setting up the trade Picking strikes Picking expiration What's the maximum risk? What will this cost? Butterfly considerations What do we want to happen? Do you have a question that you want featured on an upcoming episode of Options Playbook Radio? Send Brian an email at: theoptionsguy@invest.ally.com.