All lessons
advanced0:46
The Long Put Butterfly
A long put butterfly is the put-side mirror of the call butterfly. A cheap, defined-risk bet that a stock pins a target on the downside. This reel walks through the structure and payoff.
A long put butterfly is the put-side mirror of the call butterfly. A cheap, defined-risk bet that a stock pins a target on the downside. This reel walks through the structure and payoff.