The Financial Educational Event of the Year: optionsXpo '07...October 25-27, 2007 at the Sheraton Chicago

TheStreet.com

TheStreet.com
www.thestreet.com

TheStreet.com, Inc. provides financial news and ratings, business and investment content, and custom advertising solutions primarily targeting individuals, professionals, and advertisers in the United States. It serves its customers through multimedia distribution of advertising supported content and services, and paid subscriptions. The company offers proprietary information on stocks, mutual funds, exchange traded funds and financial institutions, including various insurers; banks; and savings and loans. TheStreet.com's proprietary network includes RealMoney.com, Stockpickr.com, TheStreet.com Ratings, TheStreet.com TV, and Promotions.com. The company was founded in 1996 and is based in New York, New York.

Breakout Sessions

Spread Your Wings: Using Butterfly Spreads

Steve Smith, TheStreet.com
This session will define and describe the construction of butterfly spreads. Discuss the applications and flexibility of this low cost, limit risk strategy. Market neutral passive positions. Directional plays on the broad market and individual stocks. Varieties of butterfly spreads including skip strike butterfly. Explain the pricing dynamics of the butterfly spread to understand when to use and how to maximize potential opportunities. This includes how market makers may use butterfly spreads to build long term inventory option positions to short-term speculative trades. The session will use real examples of both passive investing and identifying stock specific trading opportunities with a focus on earnings and known news events.