A long call butterfly spread is a seasoned option strategy combining a long and short call spread, meant to converge at a strike price equal to the stock.

如果在你持仓过程中股票发生了大幅变动，那么你可以使用这种修正策略。比如你用call构造butterfly，如果过了一段时间真的上涨了，你可以把空头平掉，赚剩下两个多头的钱。并且上涨是2倍的delta。如果下跌了，你把多头平掉，赚空头的钱。 不对称butterfly

2025年2月26日 · Butterfly spreads are options strategies that involve using four options contracts with three different strike prices. They can be constructed using calls or puts and...

2023年10月24日 · A long call butterfly spread can help you profit when volatility is low and you think the stock will not move much during the life of the options. A long call butterfly spread could be created by purchasing 1 in-the-money call option contract at a low strike price, buying 1 out-of-the money call option contract at a higher strike price, and ...

2024年3月15日 · A call butterfly is a multi-leg, risk-defined, neutral options strategy. Learn more with Option Alpha's free call butterfly strategy guide.

In finance, a butterfly (or simply fly) is a limited risk, non-directional options strategy that is designed to have a high probability of earning a limited profit when the future volatility of the underlying asset is expected to be lower (when long the butterfly) or less lower (when short the butterfly) than that asset's current implied ...

A long butterfly spread with calls is a three-part strategy that is created by buying one call at a lower strike price, selling two calls with a higher strike price and buying one call with an even higher strike price.

A long call fly combines a bull call spread with a bear call spread, where the inside strike is sold twice between evenly spaced outside strikes. Find the best long call butterfly options with a high theoretical return.

2025年1月9日 · The call butterfly (also known as long call butterfly or call fly) is a neutral options strategy that combines buying and selling call options at different strike prices. It benefits from limited stock movement, providing cost-effectiveness and risk management.

3 天之前 · Now we will look at a commonly traded strategy, referred to as a butterfly. Going long a butterfly, the trader buys a call of a low strike, sells two calls of a middle strike, and buys a call of a high strike. The three strikes are equidistant. The options have the same expiration and the same underlying product.