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With AMZN earnings coming up after the close, Tony looks to place a Batman trade. The set up is a combination of a put broken wing butterfly and a call broken wing butterfly, a delta nuetral position that can benifit from a move at the expected move on either side of the stock price! With FB down 25% after earnings, Tony is also adding a long delta Jade Lizard to buy the dip.
By tastylive4.9
8989 ratings
With AMZN earnings coming up after the close, Tony looks to place a Batman trade. The set up is a combination of a put broken wing butterfly and a call broken wing butterfly, a delta nuetral position that can benifit from a move at the expected move on either side of the stock price! With FB down 25% after earnings, Tony is also adding a long delta Jade Lizard to buy the dip.

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