The document discusses how to trade a "broken-wing butterfly" options strategy using weekly options. It explains that a broken-wing butterfly is similar to a traditional butterfly strategy but allows for directional bias within a defined price range. The video presented teaches what a broken-wing butterfly is, how it differs from a regular butterfly, how to structure it using weekly options, provides a real example trade, and answers any other questions in the comments section.

1. How To Trade
A Broken
Wing Butterfly
With Weekly
Options

2. As you have noticed, there are a TON of
gimmick strategies out there in the options
education space.
I must admit, some of these gimmick strategies
do sound cool…but there is nothing special or
unique about them.

3. Traders in the CBOE pit would never yell out a
quote for an Iron Condor.
When they wanted to get into a structured
trade like that, they would tell the market
marker what they were buying and selling and
just call it a package or unit.

4. Most of the names currently were actually
created by the brokerages to make it easier to
market options education to you and I.
Anyways, I was inspired to create an option
strategy video myself. And even though this
might sound like one of those gimmick
strategies…IT’S NOT!

5. The broken-wing butterfly not only sounds
cool…it’s pretty damn effective. As you might
already know, traditional butterflies are
great…however; they do have their draw-
downs.
For example, once a stock reaches the “middle
strikes” it becomes a market neutral trade…and
then a waiting game.

6. But what if you had a directional bias…with a
range in mind? Well, that’s where the broken-
wing butterfly comes in.
You see, it’s got a similar risk to reward profile
as a traditional butterfly (which is
awesome)…but you can skew the risk and profit
potential in the direction you have the
strongest conviction in.

7. What’s a Broken Wing Butterfly & How To Trade
It With Weekly Options

8. In the video, I cover…..
• What a broken-wing butterfly is
• Why it’s different from a traditional butterfly
• How you can trade broken-wing butterflies
using weekly options
• Way’s to structure them for a directional trade
• A real life example using Apple Options
• And much…much more

9. I’d love to hear your thoughts after you’re done
watching. As always, I’ll be hanging out in the
comments section below.