I am a parttime trader trying the Neutral Butterfly strategy using TOS brokerage.
I don't understand with the commission of the total trade $1.25 * 8 (buy and sell) what options would be a good for butterfly (i mean based on price).
Also what is a good exit strategy?
I don't understand with the commission of the total trade $1.25 * 8 (buy and sell) what options would be a good for butterfly (i mean based on price).
Also what is a good exit strategy?