This is an advanced text for those wishing to push the limits in their option education. This manual dissects and demystifies the most confusing of all option concepts – the Greeks (Delta, Gamma, Theta, Vega, and Rho). This strategy can be done in any market condition and blows the doors off any concept of risk–reward you may have ever learned before.This is known as the “ BWB” or Broken Wing Butterfly And even then, there is remedy for that should it occur. This book teaches the reader how to put on trades where there could be virtually no risk of loss provided the market doesn’t crash more than 800 Dow points in a day. Traded by only a select few professional traders on the floor, and often incorrectly at that, this manual takes you from soup-to-nuts on the most powerful strategy the author perfected during his 10+ years on the trading floors of Chicago.
