Long Put Butterfly
Features
visibility
View
Mildly Bearish
currency_exchange
Premium
Net Debit
currency_rupee
Margin
Around 50000
percent
POP
Less than 40%
dangerous
Max Loss
Limited
payments
Profit
Limited
Rules
- Stock should be less/non volatile
- Strategy should be applied 1 day before expiry or on expiry day
- Strike price different between legs should be equal
Legs
B
ATM
PE
1
S
OTM
PE
2
Max OI
B
OTM
PE
1