Modified Put Butterfly is a 4-legged strategy where 1 lot of Put close to current underlying level is bought against that 2 lots of lower strike Puts are sold and 1 more lot of Put is bought but closer to the Put sold strike.
Option selling is where the big boys tread. A maths teacher has made his mark in this space with his aggressive trade management. Read on to find out how…
Santosh Pasi talks about how working on a full-time job and strategy-based trading can be worked out