Reverse Iron Butterfly Spread
The Reverse (short) Iron Butterfly is a limited risk, limited profit options trading strategy that is designed to make a profit when the underlying stock price makes a sharp move either up or down. A Reverse Iron Butterfly strategy can be created by selling 1 OTM put, buying 1 ATM call, buying 1 ATM call and selling 1 OTM call of the same underlying security with the same expiry.

Created by: Nikita
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Sample workbook
Free sample workbook
Download a free sample workbook (.xlsx). MarketXLS is a paid subscription.
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