Aeromir – Butterfly and Condor Workshop

What do Butterflies and Condors consist of? Option trading strategies like Butterflies and Condors enjoy popularity.

Trading butterfly and condor spreads can be executed in various ways. Alterations may involve adjustments to days-to-expiration (DTE), determination of directionality, choosing between aggression and conservatism, and more. Expirations may occur on the same day (0 DTE), while others could extend over a few days, weeks, or even longer.

Which strategies were addressed in the workshop? The following are the primary strategies discussed during the workshop:

• Narrow Iron Condor: Dan Harvey innovatively combined an Iron Butterfly and an Iron Condor, resulting in the Narrow Iron Condor, executed as a 0 DTE trade. This highly flexible trade, with a current 78% win rate, is Dan’s favorite after several refinements.
• Newton’s Cradle: Scot Ruble at stratagemtrade.com will instruct on “Newton’s Cradle,” a method for mitigating risk and hedging other positions.
• Short Butterfly: Scot Ruble at stratagemtrade.com will provide guidance on trading a short butterfly. Scot either transforms existing trades into short butterflies or initiates short butterfly trades, applicable to any time frame, including the final minutes of each trading session.
• Long Term Butterflies: Amy Meissner will share techniques for trading longer-term butterflies, such as the A14.
• Long Term Condors: Amy Meissner will provide insights into trading condors, including various types she has taught over the years, such as the Nested Iron Condor and Asymmetric Iron Condor.
• Breakeven Iron Condor: John Einar Sandvand will present his 0 DTE iron condor strategy, boasting an annual yield of over 70% in 16 months of trading. Tom Nunamaker will demonstrate an easy method for loading these trades into thinkorswim.
• Multiple Entry Iron Condor: Tammy Chambless will instruct on her 0 DTE iron condor strategy.
• Introduction to Butterflies: Wayne Klump will introduce the Butterfly Spread.
• Quantifying a Good and Bad Environment: Wayne Klump will teach methods for quantifying a favorable or unfavorable environment and potential adaptations.
• Rhino Trade: Bruno Voisin will guide participants through the Rhino Trade, a strategy he employs while working for a family office in Spain.
• Bearish Butterfly: Ricardo Sáenz de Heredia Murray will teach the Bearish Butterfly, emphasizing its dynamic and cost-efficient hedging capabilities for investments and portfolios.

What additional features are included in the workshop? To ensure participants are well-equipped for Butterfly and Condors trading success, the workshop includes the following:

• Access to the daily 0 DTE live trading room for six weeks (a $195 value).
• One month of StratagemTrade’s Practical Options Tactics (POT) with Scot Ruble (a $299 value).
• Four weeks of Wayne Klump’s Adapt Daily Options at Environmental Trading Edge, offering non-adjusted trades with no intraday monitoring required (a $150 value).
• Access to all of Tom Nunamaker’s day trading spreadsheets, known as The Greatest Option Analysis Tool (GOAT), which facilitate faster trade identification, order entry into thinkorswim, and trade monitoring and adjustment. These spreadsheets never expire and include free updates for one year.
• Access to a private discussion forum and a private Discord channel for ongoing support and collaboration with other Butterfly and Condor traders.
• Recordings of all meetings for indefinite access, allowing participants to catch up on sessions at their convenience.

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