Butterfly Spread
Posted By: TradersLog
A three-legged option spread in which each leg has the same expiration date but different strike prices. This strategy is basically a combination of a bull and bear spread.
A three-legged option spread in which each leg has the same expiration date but different strike prices. This strategy is basically a combination of a bull and bear spread.
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.