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Earn $10/Week Trading Cheap Iron Butterflies on SPX

Source: wire.insiderfinance.io

A trader shares a strategy to earn $10 per week using iron butterflies on cheap index options.
The method involves selling options spreads on SPX weekly expirations with low premiums under $1.
Consistent small wins compound over time without needing big market moves.

The article explains a simple options trading strategy called an iron butterfly to generate steady weekly income of about $10. It targets affordable SPX weekly options (S&P 500 index options expiring every Friday) where premiums are low, making the trade accessible to small accounts. The author, an experienced trader, breaks down the setup, risks, and real examples, arguing it's ideal for patient investors seeking reliable returns over high-risk gambles. This matters because it offers a low-stak