Ernest Chan – Generative AI for Asset Managers Workshop Recording

Stratagem Trading – Unbalanced Birds
This course is a collective name for BWBs, Unbalanced Condors, unbalanced butterfly spreads, etc. This is THE class on unbalanced birds and the physics behind making it a successful strategy, especially for 0- and 1- DTE trades.
These are excellent short term strategies that take advantage of an option trader’s best friend (or worst enemy if on the wrong side) – time decay. They also are pretty safe against most intra-day and overnight moves. This is a must have class for anyone serious about making money with overnight and same-day “risk-spreads” designed to take advantage of the time decay curve. Covering every details from entry, maintenance, adjustments, and closing—nothing is left out.
What You’ll Learn In Unbalanced Birds

Class Recordings (~7 hours of instructions, ~2 hours of preparatory class)
Handout of Class Slides
Unbalanced Bird Criteria Write Up
Case Study Examples
Post Class Example