Short Butterfly Spread - Components
Sell ITM Call + Sell OTM Call + Buy 2 x ATM Call
Short Butterfly Spread - Expectation
Volatile
Short Butterfly Spread - Risk / Reward
Maximum Profit: Limited
Maximum Loss: Limited
Short Butterfly Spread - Breakeven Point
Lower Breakeven Point : Net Credit + Lower Strike Price
Upper Breakeven Point : Higher Strike Price - Net Credit
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