Backspreads, Diagonals and Butterflies – Advanced Strategies

This course combines 3 advanced spreads - Backspreads, Diagonals (and Double diagonals), and Butterfly spreads.

Created by: Hari Swaminathan
Options Mentor, Financial markets educator, Trader, Investor

What Will I Learn?

• Learn about three advanced strategies - Backspreads, Diagonals and Butterfly spreads
• Learn how the Backspread can be constructed in very creative ways
• Why the Backspread can be a monthly income strategy and a Volatility strategy at the same time
• What are the differences between a Calendar spread and a Diagonal
• Why the Diagonal spread is considered an exotic strategy
• Learn about the very exciting Butterfly spread
• What are the best times to trade a Butterfly spread
• What are the specific applications of a Butterfly spread that can make it a very powerful weapon in your arsenal, especially if you have losing trades

Requirements

• Options basics, Call and Puts and Vertical spreads
• Options adjustments and Spread adjustments
• Calendar spreads (for Diagonals)
• Credit spreads (for Butterfly spreads)

Target audience

• Options traders with all the basic knowledge and want to expand their knowledge of more advanced strategies