How to Roll a Butterfly

Similar to an Iron Condor roll, a Butterfly roll is best done by breaking the strategy down into its component parts. The Long Strangle on the outside will be a debit to roll, and the Short Straddle on the inside will be a credit to roll. And much like an Iron Condor, the objective is for the net roll between the two to be a credit, so that <a href="https://ontt.tv/9EDZJ">overall risk is reduced on the position</a>.<a href="https://ontt.tv/svR9N">Did you catch my naked strategies for a $5,000 account segment</a>?<a href="https://youtube.com/playlist?list=PLPVve34yolHb1iEcEtisF9oeuiFAOr5f6">Check out my YouTube Series on Trade Management</a>!