I’ve been using a three-legged Call Spread strategy called the Skip Strike Butterfly a lot more often lately, and I thought I’d share how I did on one this past week. This was opened on Citigroup stock (C). I picked…

For the first year or so that I traded options, I stuck with the basics. Covered calls, Naked Puts, eventually moving on to Bull Call and Bull Put spreads, as well as Bear Put and Bear Call spreads. After some…