➡️ SMB Training – John Locke – The Bearish Butterfly Option Strategy
Website: https://smbtraining.com/
Price: $595
➡️ Course Description & Product Listing
The Bearish Butterfly Option Strategy, taught by renowned options strategist John Locke and hosted by SMB Training, is a comprehensive, rules-based income trading system designed for options traders who want consistent performance in trending and sideways markets. This strategy is widely respected among professional income traders and is one of the cornerstones of John Locke’s trading methodology.
Focused on market-neutral to bearish environments, the Bearish Butterfly offers an effective way to generate monthly income using SPX or RUT index options with a structured, adaptive approach. The system is built around a scalable, rule-driven adjustment plan that allows traders to manage risk, protect profits, and remain active in the market regardless of volatility or trend strength.
This strategy has become one of John Locke’s signature trades and is especially suited for traders who want a well-defined, non-directional options system with logical, rule-based adjustments and excellent performance during up-trending markets—a rarity among income trades.
✅ What You’ll Learn
✔️ The Core Structure of the Bearish Butterfly – Master the initial setup, expiration cycles, strike placement, and capital allocation for the trade.
✔️ Trade Entry Criteria – Understand the technical and volatility conditions that signal the optimal time to enter.
✔️ Dynamic Adjustment Techniques – Learn the unique, staged adjustment plan that allows the Bearish Butterfly to outperform in difficult, rising markets.
✔️ Risk and Capital Management – Gain insights into sizing, scaling, and controlling exposure as market conditions evolve.
✔️ Exit Strategies – Discover the key profit targets and risk thresholds that guide when to close the trade or make key adjustments.
✔️ Weekly and Monthly Trade Tracking – Learn how to manage the trade in a structured weekly manner while planning for the full expiration cycle.
✅ Key Strategy Benefits
• Built for monthly income generation
• Ideal for SPX and RUT index options
• Works well in trending markets, particularly rising markets
• Minimal day-to-day management—ideal for part-time traders
• Clearly defined rules eliminate emotional decision-making
• Designed to adapt dynamically to changing market conditions
➡️ Who Should Take This Course?
This course is designed for:
• Options traders with a basic understanding of spreads who want to scale up into more advanced income trading
• Part-time or full-time traders looking for a repeatable, non-directional trade
• Investors seeking monthly returns with controlled risk exposure
• Traders tired of aggressive directional bets who want a rule-based alternative
• Followers of John Locke or SMB Training who are ready to expand their strategy toolkit
✅ What’s Included
• Full video course with clear explanation of trade mechanics
• Detailed walkthroughs of trade entries, adjustments, and exits
• Real trade examples using ThinkOrSwim and OptionVue
• Templates and performance guidelines
• Lifetime access to materials with no expiration
• Support from SMB Training for follow-up questions or mentorship
Why Choose The Bearish Butterfly?
While most income strategies struggle in strong bull markets, the Bearish Butterfly is specifically engineered to thrive in rising environments by systematically rolling and adjusting the trade in a disciplined way. This unique feature makes it a standout strategy for income traders who want a robust tool that can handle volatile or unpredictable conditions.
Designed and proven by John Locke, one of the most respected names in options income trading, the Bearish Butterfly is not only a trade—it’s a system built on logic, adaptability, and real-world results.
✅ Course Details
Course Title: SMB Training – John Locke – The Bearish Butterfly Option Strategy
Instructor: John Locke
Platform: SMB Training
Price: $595
Register Now: https://smbtraining.com/
Start mastering one of the most resilient and professional options income strategies available today. The Bearish Butterfly delivers a disciplined and high-probability trading plan—giving you the confidence to navigate any market with precision.