Trading Course ReviewStratagemTrade – Dragon Fly 2023 is available through Courses On Budget. This description preserves the supplied course index and does not add unverified lessons or outcomes.

Trading Education

StratagemTrade – Dragon Fly 2023

The Dragon Fly is an advanced options trading strategy designed for the SPX index, developed by the educational platform StratagemTrade. It is a specialized variation of a Broken Wing Butterfly (BWB) tailored for modern market environments and short-term options trading, including 0 DTE and 1 DTE.

In February 2023, a significant official update to the strategy’s analytical and tracking spreadsheet was released to the trading community.

Core Mechanics of the Dragon Fly

• Asymmetric Structure: It modifies the traditional butterfly spread by widening one side of the wings. This drastically reduces or eliminates upside risk at the cost of a slightly larger downside risk.

• Synthetic Overlays: The strategy frequently integrates synthetic positions to fine-tune Greeks, specifically balancing Delta and Vega.

• Risk Management: It aims to exploit Theta decay and drops in implied volatility while maintaining built-in guardrails against sudden market spikes.

• Primary Vehicle: It is exclusively traded on cash-settled indices like the SPX due to tax advantages and lack of early assignment risk.

Confirmed package size: 7,2 GB

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StratagemTrade – Dragon Fly 2023 is presented here with the supplied index highlights only, so you can evaluate its stated material without fabricated claims.

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