Classic 10$ wide IC in AVGO with the highest +12.5% IVx5dy change and a not so classic zero day (0) Batterfly in SPX and the reason for picking these strikes!  

Which strangle do you prefer? A 1 standard deviation strangle with its high probability of success or the 25ish delta short strike with its higher credit? Why not both! 

Not one but two trades today! The Jade Lizard strategy is highlighted. Don't know what that is? Spend 12 minutes and find out! Plus special instruction for IRA accounts and reducing buying power. 

Patent pending BWB in $SPX - Omni directional slightly bullish 

Omni directional slightly bullish put ratio spread and how to simulate the lower buying power of a margin account in an IRA account. 

Low IVR, Defined risk bearish diagonal spread in XLE who's 3 biggest components are XOM,CVX & SLB

Post-earnings trade with a discussion of why a strangle in November is a more logical trade for me than a put ratio spread or strangle in October. 

With IVx 5 day change up +3% and AMD lower a put ratio spread "omni directional" is my play!

Classic synthetic strangle / wide iron condor which uses approximately 30% less buying power than a strangle but only sacrifices 2% of the trades probability of success

Iron Condor using the short strike at approximately 15 delta or 1 standard deviation.