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SECTION TIMESTAMPS:

* 0:00- Building Butterflies

* 1:24:39- CFTC CoT Analysis

BUILDING BUTTERFLIES: KEY SLIDES/ NOTES

Directional (bull/bear spread) Butterflies: the most well defined of trades in terms or R/R and payoff/odds

As a risk manager and trader: You either start with or consider finishing with a butterfly in all directional trades. All trades can becom…