Eric "Wolfman" Wilkinson's live on YouTube

Lesson #21 Short Call Butterfly 

 

 

 

 

The Short Call Butterfly is a limited risk option strategy that profits when the option strategy decreases in value. The Short Call Butterfly decreased in value for several reason, which will be discussed in depth in this video, but is generally the case when the underlying Stock, ETF or Future makes a sharp move in either direction.

 

The short Call Butterfly is a great strategy in times of uncertainty but Butterflies can be tricky.  Especially without cracking the code to trading trading options.  Join Eric "The Wolfman" Wilkinson, former Chicago Board of Trade floor trader and 30 year Professional trader, as he explains how traders of the short Call Butterfly can take advantage of breakouts in either direction. Eric will show traders how to crack the code to trading options and, by the end of this video, most will have a new understanding of how options work!

 

  

 


 

 

About Eric "The Wolfman" Wilkinson

 

Eric Wilkinson is a veteran floor trader and has been trading financial futures, commodities, stocks, stock indices and options on a variety of products for over 25 years.

 

You may recognize Eric from CNBC and Fox Business News where he has done commentary.

http://www.protraderstrategies.com/about-us/252-2/eric-the-wolfman-wilkinson/

 

Watch this!He has been sought out by several media outlets to debate against some of the brightest minds in the industry, where he debates on topics ranging from economics, geopolitics and market directions.

 

He is most notable for his comments in Rick Santelli’s “Rant Heard Around the World” where he was the first to use the phrase “moral hazard” in connection with the Feds actions surrounding the financial crises of 2008.

 

Mr. Wilkinson is a professional Trader and he is also an educator with ProTraderStrategies.com. He began his trading career while earning his Finance degree at Ball State University. After graduating, he moved to Chicago to work on the floor of the Chicago Board of Trade where he honed his skills as a trader.

 

If you are a new trader or have several years of experience and would like to be mentored by Mr. Wilkinson, you can join him for his online classes and webinars by going to ProTraderStrategies.com. He can also be found on twitter @wolfmansblog for his snarky comments.

 

 

 

 

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