Bullish Options Strategies
In this module, we'll show you how to create specific strategies that profit from up trending markets, including low IV strategies like calendars, diagonals, covered calls, and directional debit spreads.
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12
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Put Broken Wing Butterfly

A put broken-wing butterfly spread is an advanced bullish option strategy with the goal of having no upside risk. Put broken wing butterflies consist of buying one in-the-money long put, selling two out-of-the-money short puts, and buying one out-of-the-money long put below the short puts.
Put Broken Wing Butterfly
Kirk Du Plessis
Apr 19, 2021

A put BWB spread is an advanced strategy where you take a traditional butterfly spread below the market and skip 1 strike price to create an unbalanced spread. These strategies are typically done for a net credit with the goal of having no risk to the upside. Skipping a strike allows you do to this because you buy a further OTM put option at a cheaper price, which reduces the overall cost of the strategy.

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Call Calendar Spread
A call calendar spread is a multi-leg, risk-defined strategy with unlimited profit potential. Call calendar spreads are neutral to bearish short-term and slightly bullish long-term.

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Put Broken Wing Butterfly

A put broken-wing butterfly spread is an advanced bullish option strategy with the goal of having no upside risk. Put broken wing butterflies consist of buying one in-the-money long put, selling two out-of-the-money short puts, and buying one out-of-the-money long put below the short puts.
Put Broken Wing Butterfly
Kirk Du Plessis
Apr 19, 2021

A put BWB spread is an advanced strategy where you take a traditional butterfly spread below the market and skip 1 strike price to create an unbalanced spread. These strategies are typically done for a net credit with the goal of having no risk to the upside. Skipping a strike allows you do to this because you buy a further OTM put option at a cheaper price, which reduces the overall cost of the strategy.

No tags found.
Next lesson
Call Calendar Spread
A call calendar spread is a multi-leg, risk-defined strategy with unlimited profit potential. Call calendar spreads are neutral to bearish short-term and slightly bullish long-term.
Bullish Options Strategies
In this module, we'll show you how to create specific strategies that profit from up trending markets, including low IV strategies like calendars, diagonals, covered calls, and directional debit spreads.
Lesson
6
of
12
Next Lesson
Lessons
Exit Course