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Option Strategies for Directionless Markets (Review)

Friday, July 25, 2008

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Option Strategies for Directionless Markets: Trading with Butterflies, Iron Butterflies, and Condors Anthony J. Saliba, with Joseph C. Corona and Karen E. Johnson (Bloomberg Press: 2008) When traders are first exposed to spreading strategies like butterflies and iron condors, one of the first questions they always ask us is, “Can you recommend a book that goes into these strategies in more detail?  Where can I learn more?”  We’ve had to reply that there aren’t really any books that discuss iron…

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