Learn About Extrinsic Value

This is a key to options trading! Find out why from our very own Mike Butler

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Mike And His Whiteboard

Trade Checklist | Big Lizard

Mike And His Whiteboard

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

A big lizard is a strategy where we sell a straddle while buying an OTM call to eliminate risk to the upside when setup correctly. @doughTraderMike walks through his trade entry checklist and shows you what he looks for when placing this strategy!

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