Long Put Butterfly
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | BUY | PUT | 1 | ATM - 4 |
| L2 | SELL | PUT | 2 | ATM |
| L3 | BUY | PUT | 1 | ATM + 4 |
Strategy Details
| Name | Long Put Butterfly |
| Type | Three-Leg Debit |
| Description | Buy a put butterfly to profit if the underlying settles near a target price. |
| Outlook | Neutral with low volatility; precise price target |
| Max Profit | Limited; occurs at the middle strike |
| Max Loss | Limited to the net premium paid |
| support@chartiny.com | |
| Alternate | iankurseth@gmail.com |
| Phone | +91 7070 88 1900 |
