Is the Market Bottoming Out at Current Levels? Plus Top Sector and Top Stock!

Structuring a butterfly spread isn’t just about choosing strikes that “look good” — it’s about precision. I use ATR — average true range — to define exactly where my breakevens need to be. 

By the time the news hits, the move is mostly done. Implied volatility starts to collapse and the premiums on your options bleed out fast.