Last week we looked at a GOOGL skip-strike butterfly. Staying on the same page, we will put on a new paper trade as a follow up for that one. You can find this on page 108 of The Options Playbook. This is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

In this episode:

• A review of last week
• What was the trade?
• What did it cost?
• What happened since?
• What are we doing now?
• Setting up the trade
• Selecting strikes
• What about expirations?
• Max loss and gain?

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