Expectation : Volatile

Profit When : Up or Down

Risk : Limited

Reward : Limited

Upper Breakeven Pt : Higher Strike Price - Net Credit

Lower Breakeven Pt : Net Credit + Lower Strike Price

Max Profit : Net Credit

Max Loss : (Difference between consecutive strike prices - credit) * 100

OppiE's Note : A Short Butterfly Spread basically sells a Long Butterfly spread, which means that its profit and loss would be its direct opposite as well.