Short Put Butterfly
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | SELL | PUT | 1 | ATM - 4 |
| L2 | BUY | PUT | 2 | ATM |
| L3 | SELL | PUT | 1 | ATM + 4 |
Strategy Details
| Name | Short Put Butterfly |
| Type | Three-Leg Credit |
| Description | Sell a put butterfly to profit from a strong move away from the middle strike. |
| Outlook | Expecting higher volatility or directional movement |
| Max Profit | Limited to the net premium received |
| Max Loss | Limited to the strike width minus premium received |
| support@chartiny.com | |
| Alternate | iankurseth@gmail.com |
| Phone | +91 7070 88 1900 |
