➡️ Course Title: Sasha Evdakov – Options Mastery #6: Butterfly Spreads
➡️ Hosted at: Rise2Learn.com
➡️ Price: $499
➡️ Format: 16-Part Video Course
➡️ Level: Intermediate to Advanced Options Traders
➡️ Focus: Butterfly Spreads – Construction, Adjustments, Strategies, and Portfolio Integration
✅ Options Mastery #6: Butterfly Spreads is a powerful and comprehensive course by Sasha Evdakov that teaches you how to implement butterfly spreads in a wide variety of market conditions. Whether your goal is to generate non-directional monthly income or take a tactical position around earnings, this course delivers an advanced, yet accessible, blueprint for successfully trading butterfly strategies.
This 16-module program includes over 60 lessons with real-world examples, creative strategy breakdowns, and detailed risk-management plans. The course emphasizes practical application, risk discipline, and creative adaptations of the butterfly spread to fit your trading style and market expectations.
➡️ Who This Course Is For
✅ Intermediate to advanced traders seeking to master butterfly spreads
✅ Investors looking for non-directional and income-focused strategies
✅ Traders frustrated by inconsistent directional plays
✅ Options traders interested in hedged, high-probability trades
✅ Portfolio builders who want to integrate multi-leg risk-defined trades
➡️ What You’ll Learn Inside the Course
✅ Module 1: Introduction to Butterfly Spreads
Learn how butterfly spreads work, why they're used by professional traders, and how they generate income through time decay and price stagnation.
✅ Module 2: Butterfly Trading as a Business
Explore how butterfly spreads fit into a portfolio, how to manage risk across multiple positions, and see a sample $50K portfolio using butterflies.
✅ Module 3: Butterfly Basics
Master the structural elements of butterfly spreads—calls vs. puts, iron butterflies, wing width, similarities to condors, and spread variations.
✅ Module 4: Butterfly Greeks
Get a deep understanding of the Greeks (Delta, Gamma, Theta, Vega) as they apply specifically to butterfly trades. Learn how they interact over time and what it means for your P&L.
✅ Module 5: Butterfly Setup Techniques
Learn how to properly set up delta-neutral butterflies, use butterflies for event-driven setups, and see why they outperform verticals for certain directional bets.
✅ Module 6: Trade Planning
Discover how to choose stocks, adapt to high vs. low VIX environments, and structure both short- and long-duration butterflies. Includes a step-by-step planning system.
✅ Module 7: Adjusting Butterflies
Get Sasha’s playbook on when and how to adjust a butterfly that's moving against you. Covers multiple creative techniques and managing overlapping spreads.
✅ Module 8: Income & Balanced Strategies
Study strategies like Balanced Butterflies and Hybrid Condors for consistent, non-directional income—great for SPX and index trading.
✅ Module 9: Earnings-Based Butterflies
Perfect your approach to earnings plays using butterfly spreads. Examples include setups on BYND, SNAP, MNST, and combining diagonals to manage Vega risk.
✅ Module 10: Creative Butterfly-Diagonal Mixes
Learn innovative strategies like the Chameleon Butterfly and Broken Wing Hybrids—used to enhance profit range and manage downside exposure.
✅ Module 11: Broken Wing Butterflies
Deep dive into long-term broken-wing butterfly setups as an investment strategy, including specific trades on MSFT and other large-cap names.
✅ Module 12: Long-Term Investment Butterflies
Use butterflies not just for income, but for long-term positioning. Examples include OTM butterflies on SBUX, SQ, and double butterflies for monthly returns.
✅ Module 13: Double Butterfly Strategies
Watch how to implement double butterflies on AAPL, SPOT, and CAT to increase profit potential while maintaining defined risk.
✅ Module 14: Super Nova Butterfly Strategy
Explore short-duration speculative setups like the Super Nova Weekly Butterfly, designed for volatility crush or price stalling around short-term events.
✅ Module 15: Drag Racer Butterfly Strategy
Learn the Drag Racer setup, a fast-paced weekly butterfly tailored for directional bets. Live trade examples include SHOP and TSLA.
✅ Module 16: Final Words & Overview
Wrap up with an overview of butterfly strategy types, how to pick the right one for your portfolio, and Sasha’s final advice for long-term butterfly trading success.
➡️ Key Benefits of the Course
✅ Covers Every Butterfly Variation – From single butterflies to broken-wing, iron, hybrid, and chameleon setups
✅ Real Trade Examples – Includes setups on NFLX, FB, TSLA, SHOP, MSFT, AAPL, and more
✅ Portfolio-Level Strategy – Shows how to scale butterfly spreads within a full portfolio
✅ Event-Driven and Income-Based Approaches – Equips you to trade earnings and earn passive income
✅ Detailed Adjustment Framework – Protect your trades and keep them alive with smart, logical adjustments
✅ Great for Both Short-Term & Long-Term Traders – Adapts to weekly, monthly, and long-term investment timeframes
➡️ Why This Course is Different
✅ Sasha doesn’t just teach how to place a butterfly trade—he walks you through the entire lifecycle of a butterfly spread, from setup to adjustment to exit.
✅ The strategies are shown in multiple market conditions, making them easy to replicate and adapt.
✅ Whether you’re looking for income, hedging, or strategic speculation, this course provides diversified butterfly frameworks to fit your needs.
➡️ Course Summary
Course Title: Options Mastery #6 – Butterfly Spreads
Instructor: Sasha Evdakov
Price: $499
Content: 16 Modules, 60+ Video Lessons
Target Skill: Mastery of Butterfly Spreads and Strategic Variations
Focus: Income Generation, Event Trading, Risk Management, and Portfolio Application
Access: On-Demand via Rise2Learn.com
If you're ready to trade smarter with defined risk and strong reward profiles, and you want to turn butterfly spreads into a core part of your trading arsenal, Options Mastery #6 – Butterfly Spreads is the course you need.