Geek University Introduction
Introduction to Option Strategy

Lesson 4: Butterfly Strategies (Copy)

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IN THIS LESSON

Butterfly strategies

In this lesson we discuss how Butterfly Option Strategies work and analyze several trading examples.

  1. Introduction - 0:00

  2. Butterfly Spread Example & Use Cases - 0:50

  3. Components of a Butterfly Spread Strategy - 3:30

  4. TSLA Butterfly Example - 4:24

  5. Risk vs. Reward - 5:47

  6. Impact of Implied Volatility on Butterflies - 7:07

  7. Introduction to using Butterflies with GEX - 8:19

  8. Real World Considerations - 9:08

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    • The Options Industry Council offers some great free resources and videos through their OCC Learning portal to help further your option education journey.

    • Investopedia is another great resource with tons of articles on all things investing, including a myriad of option related information.

    *The Geeks of Finance are not affiliated with the above organizations in any way, we just like the resources they provide!