Your browser of choice has not been tested for use with If you have issues, please download one of the browsers listed here.

Stocks | Futures | Watchlist | More

Short Put Butterfly

A butterfly (fly) consists of options at three equally spaced exercise prices, where are all options are of the same type (all put or all call) and expire at the same time. In a short put fly, the outside strikes are sold the inside strike is purchased. The ratio of a fly is always 1 x 2 x 1. The short put fly strategy combines a bull put spread with a bear put spread, where the inside strike is purchased twice between evenly spaced outside strikes.
Sat, Jul 31st, 2021
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar