Buying Butterfly Spreads on Webull

Webull (UP TO 12 FREE STOCKS): a.webull.com/KJLaoiDnnHrFKovdOg
Today we’ll be discussing butterfly spreads and how to trade them within webull. We’ll start by learning what they are, how they work, and how to manage them throughout the life of the trade
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TradingView (Best charts in the game)
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Tastyworks (Great for options traders)
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Webull (UP TO 12 FREE STOCKS)
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A butterfly spread is composed of both a long and short vertical with the short options sharing a common strike. Rather than using it to bet on direction, a butterfly spread is intended to be far more neutral, paying off the most if the underlying stock doesn’t move at all until expiration.
Timestamps
0:00 Intro
1:02 How to add option chain
2:06 Option chain explained
4:05 Butterfly spread (example 1)
8:41 Butterfly spread (example 2)
13:15 Outro
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You should not treat any opinion expressed on this UA-cam channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this UA-cam channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This UA-cam channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice.
Disclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.

[@shortthestrike]

Webull (UP TO 12 FREE STOCKS): a.webull.com/KJLaoiDnnHrFKovdOg

[@papi1870]

what is your favorite broker for options? thank you.

[@realMDizzy]

Please more Webull tutorials. You’re helping me SO much. My confidence in using Webull has grown so much since watching your videos! Thank you sir!

[@tonyvain100]

Sweet video. Thank you

[@joesmithrovitch9527]

How do make a double butterfly trade on webull? 6 leg....^-^