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Option Strategy: Iron Condor Butterfly (Iron Butterfly) vs Butterfly

In today’s video, I am going to show you exactly how to create an iron butterfly. In other words, how to create a butterfly risk profile using an iron condor.

I’m also going to explain how the butterfly risk profile works and how you can make money with it. Both the butterfly and the iron condor work in a very similar way. They are basically the same exact thing.

However, for most people, adjusting a butterfly can be a little tricky, they are usually more comfortable when it comes to adjusting an iron condor. That’s why in this video I’m going to show you exactly how to adjust an iron condor in order to create a butterfly.

#optionstrategy #ironbutterfly #amazon #optionsbasics #optionstrategies

Posted at: https://tradersfly.com/blog/option-strategy-iron-butterfly/

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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.

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