Long Iron Butterfly
Features
visibility
View
Volatile/ Both Side
currency_exchange
Premium
Net Debit
currency_rupee
Margin
Around 50000
percent
POP
Less than 50%
dangerous
Max Loss
Limited
payments
Max Profit
Limited
Rules
- Trade should be taken before some days of results or any other event
- Use the Volatility List from NSE website
tip
Check whether the Put side or Call side is giving higher POP, and accordingly decide
Legs
S
OTM
PE
1
-200
B
ATM
PE
1
B
ATM
CE
1
S
OTM
CE
1
200