Jeff Augen, author of The Volatility Edge in Options Trading, recently published a strategy on trading weekly short butterflies. He discusses the following strategies for trading weekly short butterflies:
- Sell an At-The-Money Butterfly on the Friday prior to expiration
- Close the trade at expiration
We will show how easy it is to backtest the “Weekly Short Butterfly” using the OptionStack platform. And how to select the optimal strikes that maximizes your return.
Simply click the “Run Backtest” button below to automatically get started.
