The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed down today. I bought a long put at 1915 for the ES futures options trade. I thought I was buying a put debit spread but actually sold it instead. Fortunately the trade was an intended small tweak with minor impact to the overall trade. I'll fix it tomorrow morning.
I showed how the futures options aren't quoted above $50 so I have to interpolate the price based on the prices that are quoted.
Enjoy the video!
Join us in the forums to discuss these trades or your own!