I’ve added the second tranche of 1170/1130/1080 broken wing butterflies. The trade looks like this:
When delta hits about -250 and if its outside the tent, I’ll add some OTM call calendars. Fairly neutral nice easy trade. Letting theta do its work.
I’ve added the second tranche of 1170/1130/1080 broken wing butterflies. The trade looks like this:
When delta hits about -250 and if its outside the tent, I’ll add some OTM call calendars. Fairly neutral nice easy trade. Letting theta do its work.