Core Income Butterfly Options Trade Down Day – Adjustment Needed? (Video)
Just a couple of short weeks ago as we were getting ready for the Santa Claus rally that wasn’t, the February CIB almost needed an upside adjustment. (See this video) After falling short of the upside adjustment point, the market traded lower the following week and tumbled another 2.3% today. In the video below we take a look at the market following the sell-off and what the position looks like today. At this point, the market is still in the 1100-1200 range and nothing has changed even though things were a little red. Enjoy:
Click here to read about the premium CIB Trading Course that covers the Core Income Butterfly Options Trade in detail.
Want to receive an alert when new posts come out?
Sign up for my email list and stay up to date with the latest information on options trading.
Click here to sign up for the list, get a copy of the Theta Trend Options Trading System, the Trade Tacker I use, and information about new systems.
Even better . . . it’s all totally free.