SPX butterfly spread with high win rate for the year

This trade has been working around 80% of the time for may traders this year

[@johnd.4385]

Great work Mark! Glad to see that you’ve expanded into CZcams! You’ve been one of my most influential teachers. I owe a lot of my trading success to you. Thanks !!

[@theoptionsmentorspx]

Thanks!

[@user-nq2vj4st5r]

Excellent concise material. Thanks Mark!!

[@Lala-po9ho]

Love the details you give for your strategies!

[@burrardview]

Great video Mark! I would really appreciate a video where you go over the adjustments you would make if price has too strong a directional move. Thank you!

[@jackvucreative]

Awesome thanks, mark!

[@utkbyuca89]

That’s great Mark, Thanks !

[@Scottie5401]

Thanks mark

[@IgorLisx]

thanks!

[@sdkujn]

Hi Mark can we get a video how to repair a butterfly on what to do please. Thanks!

[@buddhon14]

Thanks for the video, Mark. At some point, could you go over the adjustments you would make to any of the types of trades you do?

[@theoptionsmentorspx]

Sure

[@njoy8888]

Thks Mark for the BWB video and criteria helps as a guideline reminder... on the tip to paper trade first I find TOS fill and success encountered seems somewhat over compensated ... is there another broker that offers more realistic results?

[@fet60]

Not that I’m aware of

[@zenescrow6114]

😊

[@TheSlickrick3]

Great stuff can you do a video on double long diagonals? And short-term double diagonals?

[@theoptionsmentorspx]

Sure

[@ajaygodara3609]

Hey Mark - what is risk/reward ratio and how to establish any market bais to put pin point?

[@1roxtube]

Can you implement this strategy on SPY if you have a smaller account? If so, what would the difference in strike prices be?

[@fet60]

Start around the money and go up six and down seven

[@satishmeghavvarnam1269]

Can I ask you which platform are you using to trade in this video? Thanks!

[@fet60]

Tdameritrade Thinkorswim

[@markschellhammer4663]

What are the "rewards" expected from this $505 debit transaction?

[@fet60]

I go for a 8 to 10% profit based on cost of trade

[@Scottie5401]

Thanks mark