Webinar Presention from February 11, 2020

In "The Bearish Butterfly", John Locke teaches you: 

  • The trade guidelines that offer a high win rate in most market conditions AND potential high returns in certain market conditions. 
  • The strategy that provides big profits in bearish trending and volatile markets. 
  • The systematic and objective way to appropriately size your trade and adjust your profit targets based on time and market conditions. 
  • Learn the simple once-per-day management methods to adjust your Bearish Butterfly to changing market conditions.

John Locke Dives Deep to Prepare You for the Most Challenging Markets: 

  • High probability and High profit potential do not typically go hand-in-hand with traditional options income strategies. But John's method of trading the Bearish Butterfly offers just that. 
  • Since the Bearish Butterfly trade can also profit in bullish markets, it is vastly superior to many forms of hedging that limit upside. The Bearish Butterfly can add much needed P/L when your traditional portfolio may be suffering most. 
  • You'll learn the price point adjustments and simple Greeks management techniques to adjust your trade without any technical analysis or predicting. 
  • John provides tons of examples in multiple market conditions so you'll be fully prepared to face whatever the market throws at you. John doesn't cherry pick the easy trades either. 
  • Scroll to the bottom of this page to watch some sample trades in action
 Buy the Bearish Butterfly Course Now 

John Has Taught Thousands of Traders and Has Discovered How to Fix One of Most Common Mistakes that Developing Traders Make... 

In his experience working with so many traders -- there is a simple and sad truth that John has learned about most traders: 

Most traders feel they need to accurately predict the market in order to generate profits. 

That is entirely false. 

The options traders that succeed long-term know how to combine probabilities and management to have a favorable risk vs. reward AND high probability of success... without guessing what the market will do in the future. 

Why do traders feel the need to predict? The main reason is that the financial media is always asking the "experts" for their forecast and prediction. 

Meanwhile funds and prop-firms are quietly generating positive P/L by following and adjusting to the market as it happens. 

The Bearish Butterfly video series will help you develop the skills and psychology to trade like a professional, be objective, control risk, and eliminate the impulse to predict. 

 John Locke Trades the Bearish Butterfly Livee

Not only does John Locke trade the Bearish Butterfly personally; SMB is backing John and several other options traders to trade this strategy with the firm's capital. 

We are fully invested in this strategy. And we think you should invest in it too. 

Are you ready to learn John Locke's Bearish Butterfly Strategy?


Here's a Move by Move Example of How the Bearish Butterfly Trade Works

Buy The Bearish Butterfly Strategy Now 

Course Contents: 

 >> Session #1 “Trade Guidelines” 

 >> Session #2 "An Average Month" 

 >> Session #3 "Dealing with Market Rallies" 

 >> Session #4 "Dealing with Large Sell-offs" 

 >> Session #5 "Increment Adjustability" 

 >> Session #6 "Bearish Butterfly in an Extremely Bullish Market" 

Purchase The SMBU Bearish Butterfly by John Locke Now! 

Learn the Options Trading Strategy that Allows You to Profit Big During a Bear Market And Generate Income During Most Market Conditions. Buy the course using the button below. You will receive access to the course after your purchase has been verified by our team. 

  • Six-part video series 
  • Download all 479 slides 

Trader Testimonials

See what Bearish Butterfly students are saying about John Locke's Course:

"You my friend, have made ALL the difference in my trading. I am so blessed and grateful beyond words!"



"The strategy is one of the best I have used. I got my money back in the very first month, & been having successful months since Jan, thanks to you & SMB!"



"Appreciate you sharing the knowledge. This has completely turned around my options trading success! Keep up the great work."



"...many thanks to you Seth and the Options Tribe for presenting this information and many thanks to John for developing the trade and sharing it with the community!"

-Mike S.


"Working with John has helped immensely in my development as a trader. He has deep knowledge of Options concepts and strategies as well as great comprehension of the challenges any retail trader will face in these volatile markets. His trade planning methodology is detailed and extremely well thought out. I have really benefitted from working with him on becoming a more knowledgeable and well rounded trader."

-Erik in MA 


"I have been investing in stocks and options since the early 90's. During that time, I have had some large winners but also some large losers. Over the years, I also traveled to Chicago and Atlanta to attend trading seminars. At the end of the day, I was not achieving the financial results I was looking for. John has helped me with trading concepts, choosing the right trading style and developing a trading plan, technical analysis and goal setting. Although still learning, for the first time in my investing career I feel confident about trading and have realized consistent and additional monthly income. I can honestly say that my results over the past year would not have been possible without John"

-Matt from Massachusetts 


"Over the past 4 years I have been trading and as every beginner I ran around in circles wasting time and money, I had all the desire but what I felt I was really getting nowhere. It was like a light going on when I found John and his style of trading Options, it has been the key to opening the door for my success and financial future"

-Chris from Australia


"I have been trading options for 10 years. Never successful. Being to local trading seminar and Las Vega. Never successful. A lot of information was given but the how to is still lacking for individual trader. Nobody to blame except myself. Then found John. He is my plug to my leaking account. Thanks John. Without you I would have given up trading totally after preserve for 10 years and losing lots of money."

-Ben from Singapore 


"His strategies work because he has such a good innate feel for the multi-dimensional interplay of price, volatility, and the Greeks. John has the ability to take something very complex and make it accessible to the less experienced trader. John also works extensively with the all-important “soft factors” of psychology, emotions and discipline."



"I just wanted to drop you a quick line and say THANK YOU for all your help in teaching me how to become a better trader."

-Kevin, AZ 


"John is an innovator who has helped my trading immensely. I have found his methods and philosophies about trading to be life-changing. Since working with him, for the first time in my life, after years of trying, I have become a profitable trader."


"The journey to becoming a full time trader has been challenging and rewarding. I'm grateful you have helped me to start this wonderful journey"

-Vincent in Singapore 

"I purchased this course for a couple of reasons. I do trade the M3 however, I have a full time job, so I can not manage multiple trades of this type. So I am thinking these strategies will work for my smaller accounts. Also I think this is a great way to introduce my Wife and 2 teenage kids into the options world without blowing them away. Thank you Seth, SMB and especially John."



These testimonials were not compensated

Buy The Bearish Butterfly Course