In this video, Seth Freudberg talks about entering a bearish butterfly late in a trading cycle.

• Sometimes options traders, for capital reasons, are forced into entering options trades later than normal.
• This video discusses a way to enter the bearish butterfly strategy later than its prescribed start date.
• This approach takes advantage of the basic premise of the bearish butterfly–that all market rallies are followed by some amount of retracement.

*no relevant positions