Any one doing this strategy by Jeff Augen?
He is a pretty good trader and his multiple books are very educational so I was curious if anyone is trading or has researched this strategy.
I am intrigued and will be researching how to best execute it so looking of thoughts and potential collaboration partners.
I played with the short butterfly as a simulation on TOS in the past but it didn't appeal to me because you are waiting for the underlying to make a big move otherwise you are slowly sinking in the sea of death Also you probably need to be near the pc to watch the market all day for the move to occur which I don't have time for
It could have some limited use for a trade near earnings on high volatility stock