+99% Profit in 2 Hours with this Options Strategy - IRON BUTTERFLY Options Strategy made easy

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The iron butterfly is an advanced options trading strategy that can make you as much as 99% profit in 2 hours when used right. Here's how to use this options strategy explained with basics, a real example, and the risks associated with Iron Butterfly options.

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⏱ Timestamps ⏱

Intro: 0:00
Basics: 0:45
Example: 1:41
Risks: 6:19
Outro: 8:06

⚠️ DISCLAIMER ⚠️

I am not a financial advisor. This video is for entertainment and educational purposes only. You (and only you) are responsible for the financial decisions that you make.

[elizavetaryabova]

Thank you for such high-quality material, I will use it in my work.

[tamidillon]

Solid content. I’m new to Iron Flys and am trading on SPY (trying to figure out how to “avoid” the times when volatility spikes and big moves). I do 7 dte currently. I am interested in a video on the Pinning Strike theory please.

[elymanic]

When would you close this? When you hit the profit target? And only open on the use expiration that's the 3rd Friday if everymonth? 1 month out?

[jdu]

What’s the advantage of iron butterfly over iron condor? I always use iron condor.

[vachhanironak]

Highest Open interest to see for call or put?

[isabelj]

Thanks for sharing! subscribed! Love your videos precise, concise, and short .

[Oct-jydz]

To avoid a trade being assigned, is it only ITM trade need to be closed before the market ending bell? Let say one hour earlier or 15 min earlier, will that be too late? What about early assignment, will a trade be assigned days before expiration date? I'm new option trader. Thanks for your time.

[YazielOfRivendell]

On robinhood would be considered as just 1 day trade or multiple, and if I add multiple contracts and open all at the same time in one order will it also count as multiple day trades?

[joshcovington]

Which stocks would you recommend us to do try this strategy?

[jasonfox]

Best tickers for debit and credit spreads as far as max loss and max gain ratio is concerned?

[Whosvibee]

Do normal butterfly options (not iron) carry the same exercising risks?

[customersupport]

Dude why would you sell near or at the strike that has the ‘’max pain” since that’s where the MM might close at, wouldn’t you risk assignment if you’re slightly wrong?

[Tpartee]

Just when I thought I wanted to learn this. This made my brain hurt! Not that you did a bad job, my head just can’t get the concept. Your teaching is always great!

[poojajuneja]

Hi, does one need a margin account for this? Or how much minimum cash account would
One need?

[EthanisCandyMan]

Could i just select the price of the stock that its currently at and instantly sell the option

[charliejacobs]

The editing is strong with this one, great video Greg! 💪🏻

[_savage_OPboiii]

I’m confused. Is my maximum potential loss $1 or $44K? If there was a early assignment would I have to pay $44K outta my own pocket?

[Soulreaper-]

I’m assuming this strategy is not for a small account??

[customersupport]

If the max pain strike is the strike at which MOST options both on the puts and calls side will expire worthless, why do you keep saying it is the most popular strike/with the most open interest? Wouldn’t it be the least popular since it’s the middle point between the highest open contacts both on the calls and puts side?

[TheErinoliver]

First observation: the ceiling looks like the payoff diagram for a butterfly… well played!

Second observation: did you try to recreate the strategy at end of day or something such that the prices were off? As shown in your example, you’re getting .98 credit on the call spread and .01 credit on the put spread. I don’t think anyone would open a put spread for 1/99 risk reward and it’s not magically embedded/erased by being in the iron fly…