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As a trader, it is vital build a computer that utilizes different involving option strategies-iron condors, broken wing butterflies, calendar spreads, back ratios, straddles, strangles, and dog collars. It might sound like a language you are studying right now, but focus on the vocabulary one lesson at a period of time. Break it down piece by piece promote it particular. Each term has a specific application for yielding profits under certain market challenges. Learn them all at your own pace to further improve upon and make your trading options system.