Market is moving lower Volatility is rising.
Enter Broken Wing Butterfly
ORDER
RISK
Market Continues lower, spiking Volatility Even higher
Adjust ORDER
Adjusted RISK
SPX EXIT ORDER
Math
Bot 5x -!0x 5x BWB at $0.80 Cents = $400.00 Debit
Overlapping BWB to create Condor.
Bot 5x -10x 5X BWB at $3.20 = $1600.00 Debit NET NET $2000.00 Debit
EXIT ALL at $6.80 or $3400.00 = Gain $1400.00
