← Back to Templates

Butterfly for Shorts Spread

Description

Butterfly for Shorts Spread thumbnail

Centers a three strike butterfly below the current price, the way the structure is positioned when the view on the stock is bearish rather than neutral. One contract is bought at each outer strike and two are sold at the middle strike where the payoff peaks, all in a single expiration.

Each leg is quoted from bid and ask so the net cost of the package reflects real markets, and the strike table sits beside the stock's last price so you can see how far the body is from spot and how much of a move the trade is asking for.

Template Screenshots

Butterfly for Shorts Spread screenshot 1

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today
How does MarketXLS work?
How does MarketXLS work? Watch Demo

Similar Templates

No similar templates found