In this episode, we're discussing the inverse of skip strike butterflies. This can be found on pages 112 and 115 of the hardback version of the book, or you can always go to OptionsPlaybook.com.


Today, Brian discusses:

When you would want to use an inverse skip strike butterfly
A live example using Deckers Outdoor
What might happen to the underlying, and how to structure a position around it?
What is the risk?
What is the reward potential?
And more