Iron Fly Options Strategy | Selling Options for Income

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  • Опубліковано 28 гру 2024

КОМЕНТАРІ • 25

  • @shortthestrike
    @shortthestrike  2 місяці тому

    🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/

  • @NMranchhand
    @NMranchhand Рік тому +1

    Did just as you instructed and made $44 in my test run. Of course, I didn’t pick a stock at random, but I hadn’t used that setup before. Thank you. Your instruction is first rate.

  • @walabdi
    @walabdi 8 місяців тому

    Thank you for this very informative video, this video is like two videos in one, it clarifies how to buy a butterfly iron condor, and at the same time how to close it, just straight forward video. What I like the most is the 2nd part of the video, how to close the trade, this can be applied to other trade options type like iron condor.

  • @JLUlfe
    @JLUlfe 3 місяці тому

    Great video! Neatly explained, really loved this information

  • @shortthestrike
    @shortthestrike  2 роки тому +2

    Please consider hitting the LIKE button if you liked the video!

  • @neuvocastezero1838
    @neuvocastezero1838 Рік тому +2

    Thanks for the video. Just an FYI, right clicking on any strike price from the options list and then selecting "buy" or "sell" brings up a menu that includes quite a few popular option strategies, including butterflies and iron butterflies. The order is then automatically created at the bottom of the screen, and you can then customize the strikes.

    • @shortthestrike
      @shortthestrike  Рік тому

      True, I just find it faster to manually pick my strikes. But definitely a solid choice as well!

  • @APLachel
    @APLachel 2 роки тому +1

    Great videos. I think the biggest concern is about closing order (all kind of spreads) when ? how? would it always sell (all the calls and puts). A little confused. Sorry for the ignorance. haha

  • @sophiewang123
    @sophiewang123 Рік тому

    When to use regular iron condor and when to use iron butterfly?

  • @commonwealth6
    @commonwealth6 Рік тому

    Thank you, Sir,
    I was really looking for this one.
    I appreciate your efforts. I have learned a lot on options from your channel.

  • @staffan_ofwerman
    @staffan_ofwerman Рік тому

    Is it possible to make the Opposite order like that in Tastytrade as well? Haven't found any info on that. Or do you have any videos about it?

  • @Erykahvybe
    @Erykahvybe Рік тому

    Hey how do I figure out the width of the spread? Where did $5 come from?

  • @tjules7
    @tjules7 2 роки тому

    What is the shortest DTE you can use when applying this strategy? Is 0DTE an option? What's your recommendation?

    • @shortthestrike
      @shortthestrike  2 роки тому +1

      This is one of the few that could actually make sense for me as a 0 DTE strategy. Very similar to a butterlflies, a huge chunk of the premium won't come out till the last couple days and probably the last third on the last day. I'm generally going out about 1 week or so, but it's completely up to you

  • @donnowakowski4224
    @donnowakowski4224 2 роки тому

    Thanks for the excellent,informative video. Why was it saying “Iron Condor” on the order tab instead of “Iron Butterfly”? Thanks again

    • @shortthestrike
      @shortthestrike  2 роки тому +1

      Thinkorswim views it as an iron condor, they haven’t programmed in all the various different spreads.

  • @mison2186
    @mison2186 2 роки тому +12

    Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning? I would appreciate

    • @leen3222
      @leen3222 2 роки тому

      I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or crypto and stocks

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      @nightron9846 2 роки тому

      I don't trade, I invest with a professional assigned by a crypto company that trades for people and returns profits on weekly basis for me and you can invest your capital and get weekly Returns of investment (ROI) without any extra fees attached.

    • @nightron9846
      @nightron9846 2 роки тому

      The professional is Ms Emily Donald 🔥

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      @lindabriggs5939 2 роки тому

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    • @ivaylochukanov5818
      @ivaylochukanov5818 2 роки тому

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