Short Butterfly Spread Options Strategy - [Using MarketXLS]
Published by MarketXLS Limited
About this tutorial
Template: https://marketxls.com/template/short-butterfly-spread/ Book A Demo: https://marketxls.com/book-demo Website: Marketxls.com Author: Arman Arora ------------------------------ The short butterfly is a neutral strategy like the long butterfly but bullish on volatility. It is a limited profit, limited risk options trading strategy. There are 3 striking prices involved in a short butterfly spread and it can be constructed using calls or puts. The trade involves selling one lower striking in-the-money call, buying two at-the-money calls, and writing another higher striking out-of-the-money call, giving the trader a net credit to enter the position.