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Question 1 of 5
1. Question
When placing butterfly trades you should try to get a good price with a limit order since there are so many strikes.
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Question 2 of 5
2. Question
You can roll butterflies only on expiration.
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Question 3 of 5
3. Question
Long put butterflies have 4 strikes.
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Question 4 of 5
4. Question
Short butterflies can be good strategies leading up to an earnings announcement.
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Question 5 of 5
5. Question
Long butterflies are strategies traders use to take advantage of high and dropping implied volatility.
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