3. Trades Disclaimer
Hypothetical Trades Disclaimer
Please note: Hypothetical computer simulated performance results
are believed to be accurately presented. However, they are not
guaranteed as to accuracy or completeness and are subject to change
without any notice. Hypothetical or simulated performance results
have certain inherent limitations. Unlike an actual performance
record, simulated results do not represent actual trading. Since, also,
the trades have not actually been executed; the results may have
been under or over compensated for the impact, if any, of certain
market factors such as liquidity, slippage and commissions.
Simulated trading programs in general are also subject to the fact
that they are designed with the benefit of hindsight. No
representation is being made that any portfolio will, or is likely to
achieve profits or losses similar to those shown. All investments and
trades carry risks.
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4. Access to this webinar is for educational and informational purposes only. Consult a
licensed broker or investment advisor before placing any trade. All securities and
orders are tracked and monitored in virtual trading accounts. Virtual account
prices and returns may differ from actual trading results. Commission costs are
excluded.
Neither Loehr Consulting, LLC, doing business as OptionsBuzz.com nor any of their
respective officers, personnel, representatives, agents or independent contractors
are in such capacities licensed financial advisors, registered investment advisors or
registered broker-dealers. Nothing contained in this webinar, website or
promotional material constitutes a promotion, recommendation, solicitation or offer
of any particular investment, security or transaction.
Loehr Consulting, LLC provides educational services that are meant to teach you the
risks and rewards of trading stocks and options, and we are not a service that tells
you what to trade. We are not implying or guaranteeing any profit. As always, do
not trade with money that you can't afford to lose. Please visit www.cboe.com to
receive a copy of “Characteristics and Risks of Standardized Options.” Read it.
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5. BWB’s in Low Volatility Markets
Low VIX means a few problems:
1. Lower credit to open trade
2. No credit to open trade
3. Narrower butterflies
4. Closer to ATM
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6. • Former CBOE Market Maker 1993-2002
• Trained by Susquehanna International Group
• Co-founder Third Millennium Trading, LLC
• Traded billions of dollars worth of stock and
options
• More than 20 years combined experience in
Greg Loehr options and options education worldwide
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10. Trading BWB’s with VIX below 15
Solutions:
1. Lower credit
2. No credit to open trade
- go further out in time
- go closer to ATM??
- narrower strike selection
- sell OTM call spread to ‘finance’
OptionsBuzz.com
11. Trading BWB’s with VIX below 15
Solutions:
3. Narrower butterflies
- go further out in time
- go closer to ATM??
OptionsBuzz.com
12. Trading BWB’s with VIX below 15
Solutions:
4. Closer to ATM
- go further out in time
- don’t trade it
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