SFBAOG May Meeting

Saturday, May 21, 2016 - 9:00am to 12:00pm

Location

Fort Mason Center, San Francisco - Room C-230. (Note:  Different room than the usual C-205.)

Directions to Fort Mason Center

Fort Mason Center is located at 2 Marina Blvd (at Buchanan Street) in San Francisco. The entrance is located across the street from Safeway. There are plenty of parking spaces (some free and some paid). We meet in Building C on the second floor. Room number may vary from month to month. 

For directions go to:  http://fortmason.org/visit/

Presentation

Butterflies are one of the most flexible complex strategies in options trading.  Butterflies can take on a neutral or directional bias and can be morphed over its life.  

In the first part of the meeting, Dennis Wong will discuss the various aspects and nuances of setting up a butterfly trade, its behavior over its life, and adjustment strategies one can used to mitigate risk.

In the second part, Dennis will discuss his favorite strategy - trading the broken wing butterfly.  He will show how he uses them in up and down markets and discuss the various risk mitigation strategies that he employs.

About Dennis

Dennis is a retired executive and full time trader.  He is a licensed engineer with a BS in electrical engineering from UC Berkeley, an MBA with honors from Santa Clara University, and a Stanford Advanced Leadership Program graduate.  He has held various leadership positions in systems engineering, marketing, business planning and corporate strategy.  Dennis is also a student of Investools, Dan Sheridan, and other mentoring programs.  He has been trading actively for over 10 years and trading full time since 2013.

 

If you have questions or need further assistance with SFBAOG matters, please email John Chernicky at jchernicky@yahoo.com.

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