broken wing butterfly

Broken Wing Butterfly Example

Peter Reznicek

Reprinted from Ask The Shadow column of the 3/11/12 ShadowTrader Weekend UpdateA good beginners tutorial on the broken-wing butterfly spread…. Dear Shadow, I like your BWB strategies and wanted to understand them clearly. –When do you use the put side versus the call side to construct the BWB? –What is the risk in either the […]

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Peter Reznicek

Peter Reznicek is the founder of and writer of Peter's Premarket Perspective, a morning market profile blog to help people plan their trading day and organize their thoughts before the market opens. He can be reached at

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