How I just entered a LIVE No Lose Trade!

NOTICE: CAVEAT TO THIS TRADE! After I shared this trade, My broker TDA/Schwab has started charging a sizable SHORT FEE IF I were to be assigned short shares on this stock - so my goal will certainly be to close this around a week before expiration to reduce (but not eliminate) my chances of being assigned IF DJT is above the short call strikes.
I have done some previous videos on this - but never totally showed I had done it, so in this video I am actually showing the process I used to enter this LIVE TRADE.
This is NOT A TRADE RECOMMENDATION! But this is a LIVE TRADE demonstration on how you can sometimes "Game the System" in your favor if you know how to do it.
Here is the trade link with my actual fill prices included: optionstrat.com/ifukNfBjEANo
Here is the link to the "Assignment Video" I mentioned in this video as well:
• Understanding Assignme...

[@mykiarntson9354]

Nice find. Can you go into how you would handle assignment?

[@OptionStrat]

Check out the link to assignment in the comments area.

[@taowave]

With Vol super pumped,ATM Flys/Synthetic flys will trade very very cheap, but you wont be putting them on for credits..Not without a major leg..

[@zanderion]

Guys, what has happened to the VIX cash index on the calculator? It isn't working anymore. Neither is the support email.

[@ManuMB_]

Thanks, Steve. A few days ago, I got assigned in a similar trade for a 7 short calls OTM with no extrinsic value. The next day, I bought back the -700 shares and at the same, added again 7 short call at the same strike. My P&L did not move at all. Thanks for showing us the theory in these cases. P.S. I am getting filled the complete 4 legs butterfly with more than 500 credit (max loss = secure gain). This is happening in TWS of Interactive Broker. It is possible that IB allows this? I find it very weird, but the reality is that my orders are getting filled Thanks

[@OptionStrat]

Good for you on just covering your shorts and selling calls with extrinsic value again. And as stated in your prior post, I have not seen a broker allow this previously - but obviously they don't seem to be blocking it for some reason.

[@Ari-kd5mq]

very cool. are you the owner of options strat?

[@OptionStrat]

No - not at all, no stake in the company - just a long time trader and user that loves using OS and sharing content.

[@Nickc86]

How do you get a fill. My brokerage wont allow me to take more than spread

[@OptionStrat]

I show how I do this in detail in the video. While I can't fill the whole B-Fly at once, I can fill a $5 wide put spread for say $3.75 and then fill a $5 call spread for say $1.35 for a total credit of $5.10 and hence NO RISK OF LOSS.