Broken Wing Butterfly Profits and Losses

<p>Just the other day, we set up our first <a href="https://ontt.tv/isYXE" target="_blank">broken wing butterfly</a> in quite some time. As effectively the defined-risk version of a <a href="https://ontt.tv/BIZ7i">ratio spread</a>, the BWB is a flexible strategy that gives you profit potential in both directions. Today, we continue uncovering the inner workings of this strategy, by taking a closer look at the profits and losses of this strategy in the extreme examples where the stock rises significantly or falls significantly.</p><p>Be sure to connect with <a href="https://twitter.com/jschultzf3" target="_blank">Dr. Jim on Twitter!</a></p>