Lately, we have been discussing inverse skip-strike butterflies. Today, we are discussing times when it is a good idea to use inverse skip strike butterflies.

Today, Brian discusses:

• What will the Fed do? (They kept rates steady)
• Setting up an inverse skip strike butterfly on the bearish side of the S&P 500
• What will it cost?
• What do you want to happen?
• What is the risk?
• Don’t forget about margin
• What is the best-case scenario?
• What is the maximum reward?
• And more