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Podcast: Locke In Your Success
Episode: Winning Trade Episode 101
Description: This winning trade episode shows an iron butterfly options spread on the S&P 500 index that is comprised of a bearish call spread, a bullish put spread, and a call option. It is called the X4V22 trading strategy*. The actual capital in the trade was kept low and the profits were high while trading through a very severe whipsaw.
00:00 Traders welcome!
00:39 What is options trading?
01:10 S&P 500 index trading strategy introduction
02:23 Analytical software explanation
04:28 Iron Butterfly options spread
04:31 Call option
04:35 Options trading example
04:40 DTE
05:33 Puts
05:52 Buy call option
06:23 Risk management
06:49 Implied volatility
08:16 Capital – planned vs. actual.
08:53 Price chart
12:04 Implied vo...