Some people may consider the type of trading that our interviewee for this week does as boring. He puts on the same trades, month in and month out, and manages them the exact same way each time. Yet he makes money on a consistent basis.
In this episode of Trader Talk, we discuss how one trader puts on butterfly option strategies every month and how he manages them close to expiration. We also discuss why this type of option trade suits his personality, and how he came about using the strategy every month to make consistent profits. As well, we talk about the markets this type of option trading strategy works best with, and how many contracts he trades at one time.
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NEXT: Read and/or Download the Complete Interview Transcript
The Week Ahead: Will 2013 Be Another Double-Digit Year?