Table of Contents

CHAPTER 1 – MARRIED PUT TO BUTTERFLY HEDGE

Section 1 – Married Put Example
Section 2 – Married Put Spread Example
Section 3 – Married Butterfly Spread Example
Section 4 – Overview of Hedging with your Temperament
Section 5 – Comparing the Married Strategies

CHAPTER 2 – THE BUTTERFLY CRITERIA

Section 1 – Step 1: Stock List
Section 2 – Step 2: Pick the Best Index with which to Hedge
Section 3 – Step 3: Pick Strategy
Section 4 – Step 4: Number of Puts or Butterflies to Implement 
Section 5 – Step 5: Determine PS2P and EM (Two Times PS2P)
Section 6 – Step 6: Choose your Direction in the Remaining Criteria
Section 7 – Step 7: Traditional Approach
Section 8 – Step 8: Married Put Spread or Collar with Put Spread
Section 9 – Step 9: Married Butterfly or Butterfly Collar

CHAPTER 3 – PLATINUM ROLLING COLLARS

Section 1 – School One – Expiration Only
Section 2 – School Two – Dynamic Hedging

CHAPTER 4 – ROLLING PLATINUM BUTTERFLIES DURING EARNING PERIOD

Section 1 – Step One – Chose A Direction 
Section 2 – Step Two – Choose The Product / Underlying 
Section 3 – Step Three – Make Certain That The Product You Chose Can Move More Than 3-4 strikes in Either Direction 
Section 4 – Step Four – Picking the Time Frame
Section 5 – Step Five – Determine the Maximum Amount Of Risk You Are Willing To Take 
Section 6 – Step Six – Start Pulling Up The Option Chain
Section 7 – Step Seven – Determine the +/- 1SD Bands
Section 8 – Step Eight – Determine What Side of the Equation You Are More Concerned About
Section 9 – Step Nine – Preface
Section 10 – Step Ten – Sell Vertical Spread
Section 11 – Step Eleven – Review the Trade
Section 12 – Step Twelve – Execute the Trade
Section 13 – Step Thirteen – Catalog Your Trade And Move Into The “Position Management” 

CHAPTER 5 – POSITION MANAGEMENT CRITERIA

Section 1 – Step 1: Select Stock
Section 2 – Step 2: Find Two Dates
Section 3 – Step 3: Find the EM of the Two Time Frames
Section 4 – Step 4: Find Put Butterfly Using the Shorter Term EM
Section 5 – Execute the Butterfly
Section 6 – Step 6: Execute a Short Call or Call Spread if Expiring Before Earnings
Section 7 – Step 7: Wait Until Earnings are About to be Reported
Section 8 – Step 8: Cleaning Things Up and Re-Hedge Before Earnings
Section 9 – Step 9: Look to Re-Hedge
Section 10 – Step 10: Compare Hedges Intro
Section 11 – Step 11: Compare Hedge Refresher
Section 12 – Step 12: Compare Hedges Strategy
Section 13 – Step 13: Choose the Best Hedge
Section 14 – Step 14: Consider Selling a Call/Call Spread Introduction
Section 15 – Step 15: Consider Selling a Call/Call Spread

CHAPTER 6 – BONUS: EARLY EXERCISE EQUITY OPTIONS

Section 1 – Call Early Exercise
Section 2 – Put Early Exercise
Section 3 – Naked Long Call vs. Long Call Spread