With the markets rocking and rolling, Brian begins this episode of Options Playbook Radio by making a neat adjustment the trade from last week which was a bullish call spread in the USO (United States Oil Fund). He adjusts the trade to a long call butterfly spread. Next, Brian goes bottom fishing in AT&T (Ticker: T) with a longer term options trade.
The volatility index methodology for Spikes has important nuances that tend to manifest themselves at crucial market moments. We discuss this and much more on this episode of Volatility Views.
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