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MARKETS, OPTIONS, STRATEGIES

Mike Butler

Co-Host,

Options Trading Concepts LIVE

  • Co-Host of Market Mindset, tastytrade

About Mike

Mike Butler is part of the exceptional customer support team at tastylive, and co-hosts Options Trading Concepts LIVE, where he is joined by Nick Battista and Katie McGarrigle to tackle live YouTube chat questions in real time. He gained popularity on the network from his beginner series, Mike and his Whiteboard, and has since hosted Where Do I Start: Back in the Game and has been a key content contributor to several of the educational courses in the tastylive Learn Center. Mr. Butler has also starred in various series about managing a trading portfolio, including Market Mindset, Trade Managers, and Everyday Trader.

Mike's Videos

Tune in to learn about how extrinsic value is made up of time and implied volatility value, and how binary events like earnings can affect this greatly - also learn about specific strategies that play into this!

Tune in to learn about how extrinsic value is made up of time and implied volatility value, and how binary events like earnings can affect this greatly—also learn about specific strategies that play into this!

Mike Butler walks you through his calendar and diagonal strategies around binary events like earnings announcements, FED announcements, and much more!

Mike Butler dives into selling options with strategies like strangles and straddles and explains the process of rolling trades that go against him. He touches on the perception of risk with short premium trades, why buying power reduction is a decent gauge of real-time risk, and offers a few trade examples of his own that started off poorly but turned into profitable trades through mechanical rolling and defense.