Options Workshop: Iron Butterfly Eric "The Wolfman" Wilkinson
348 views · Published 19 November 2016 · 1:11:57 · Indexed 6 November 2026
Channel: Pro Trader Strategies TV · 2016 · Howto & Style
www.protraderstrategies.com When a trade has a strong assumption that a stock or ETF is going to trade in a tight trading range, it may be the opportune time to implement an Iron Butterfly. Join Eric "The Wolfman" Wilkinson, former Chicago Board of Trade floor trader and 25 year professional trader, as he explains how traders of an Iron Butterfly can collect a health premium and limit ones risk while taking advantage of high Implied Volatility. The Iron Butterfly is compatible for an IRA and is a great strategy for the savvy or new trader.
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