Credit Spreads Vs. Butterflies

Credit Spreads Vs. Butterflies

In this episode, we'll compare credit spreads vs butterflies from a recent real world trade I took where I to decide which trade was best for the situation. The decision to go with one over the other hinged on the market situation, the risk reward, and the probability.

In hindsight, both trades would've worked but one carried more risk than the other.

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