➡️ Course Title: Random Walk Trading – Broken Wing Butterfly
Publisher: Random Walk Trading
Instructor(s): Random Walk Trading Team
Format: Video Course + Study Materials
Delivery: Instant Download / Online Access
Price: $995
Skill Level: Intermediate to Advanced
Ideal For: Options traders seeking to master low-risk, high-reward neutral and directional strategies with defined risk

Discover the Strategic Power of the Broken Wing Butterfly
The Random Walk Trading – Broken Wing Butterfly course is an advanced options training program specifically designed to teach traders how to harness one of the most powerful and flexible strategies in modern options trading: the Broken Wing Butterfly (BWB).

Whether you’re aiming for neutral market exposure, directional speculation with a high probability of success, or looking to reduce cost while maintaining profit potential—this course delivers a clear, mathematical, and risk-controlled approach to consistently profitable options trading.

Taught by the expert instructors at Random Walk Trading, a renowned name in quantitative options education, this program combines practical theory with hands-on application, showing you how to deploy Broken Wing Butterflies for income, trend capture, or as part of a larger portfolio hedge.

➡️ What You’ll Learn

✅ Broken Wing Butterfly Fundamentals
Master the structural differences between traditional butterflies and broken wings, and understand why BWBs offer better probability profiles and asymmetric returns.

✅ Strategic Construction of BWB Trades
Learn how to design and enter Broken Wing Butterfly positions with different width spreads, skewed strikes, and optimal pricing to enhance edge and reduce capital outlay.

✅ Risk/Reward Analysis and Trade Math
Understand the math behind breakeven points, max profit, and max loss zones using real-world examples and detailed risk graphs.

✅ Directional and Neutral Setup Variants
Explore both bullish and bearish BWB setups, as well as how to optimize for range-bound conditions, earnings plays, or broader market swings.

✅ Adjustments and Trade Management
Learn when and how to roll, scale, or exit BWBs for maximum efficiency—whether price moves in your favor or against you.

✅ Implied Volatility and Skew Considerations
Gain insight into how volatility and skew influence BWB pricing, and how to exploit volatility shifts to gain an edge in trade selection and exit timing.

✅ Backtesting and Historical Trade Reviews
See how BWB trades performed in various market conditions, including trending markets, high-volatility environments, and flat consolidations.

✅ Integration with Larger Options Portfolios
Discover how to use BWBs as core positions, income layers, or defensive overlays within a diversified options strategy portfolio.

➡️ Course Format and Materials

✅ High-Definition Video Lessons
Structured into clear, progressive modules that explain concepts step-by-step and use visual charts to reinforce learning.

✅ Interactive Risk Graph Walkthroughs
Detailed risk graph breakdowns using trading platforms to show entry, exit, and adjustment points in live market scenarios.

✅ Trade Examples and Case Studies
Multiple real-life trade walkthroughs with entry rationale, trade plan, management, and final outcome analysis.

✅ PDF Study Guides and Slides
Downloadable materials summarizing each section’s key lessons, formulas, and trade mechanics for offline review and note-taking.

✅ Lifetime Access and On-Demand Viewing
Study at your own pace, review modules anytime, and revisit lessons when markets change or you’re ready to deploy the strategy.

➡️ Who Should Take This Course

✅ Intermediate to advanced options traders who want high probability, low-risk strategies
✅ Swing traders or income-focused investors seeking consistent monthly returns
✅ Traders interested in mastering theta-positive setups and time decay strategies
✅ Anyone who trades spreads, butterflies, or verticals and wants more flexibility
✅ Students of the Greeks and quantitative trading models who want practical execution methods

➡️ Why the Broken Wing Butterfly Works

Unlike traditional butterflies which are often narrow in profit zone and risk symmetry, the Broken Wing Butterfly gives traders more flexibility by removing one side of risk. This strategy can be structured to have no risk on one side, a credit at entry, or reduced buying power, while still allowing substantial profit potential in a defined zone.

This course doesn’t just show you how to trade BWBs—it teaches you how to engineer them with precision, adapt them to any market environment, and combine them with other strategies for enhanced returns and reduced volatility exposure.

➡️ Course Title: Random Walk Trading – Broken Wing Butterfly
Publisher: Random Walk Trading
Course Type: Options Trading Masterclass
Format: Video Training + PDF Materials
Delivery: Online / Instant Download
Price: $995 
Skill Level: Intermediate to Advanced

Learn to trade smarter with one of the most powerful, adaptable, and risk-defined options strategies in the professional trader’s arsenal.