<description>&lt;p&gt;Brian's latest actionable trade idea...a VIX butterfly!&lt;/p&gt; &lt;p&gt;&lt;span style="text-decoration: underline;"&gt;&lt;em&gt;&lt;strong&gt;Trade Breakdown&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt; &lt;div&gt; &lt;ul dir="ltr"&gt; &lt;li&gt; &lt;p dir="ltr"&gt;Butterfly spread entry with 1 buy and 2 sell orders&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p dir="ltr"&gt;VIX 22 OCT 25 AM options at strikes 15, 20, and 22&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p dir="ltr"&gt;Call type with a debit order at 1.65 price&lt;/p&gt; &lt;/li&gt; &lt;li&gt; &lt;p dir="ltr"&gt;Quantities: +1, -2, +1 respectively&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt;</description>

Options Playbook Radio

The Options Insider Radio Network

Options Playbook Radio 458: Slinging VIX Butterflies

OCT 2, 202510 MIN
Options Playbook Radio

Options Playbook Radio 458: Slinging VIX Butterflies

OCT 2, 202510 MIN

Description

Brian's latest actionable trade idea...a VIX butterfly!

Trade Breakdown

  • Butterfly spread entry with 1 buy and 2 sell orders

  • VIX 22 OCT 25 AM options at strikes 15, 20, and 22

  • Call type with a debit order at 1.65 price

  • Quantities: +1, -2, +1 respectively