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Long put butterfly

Stock market Long putLong straddle

Long Put Butterfly
Components
Sell two ATM put options, buy one ITM put option and buy one OTM put option.

 


A long put butterfly is established by: buying one put at the highest strike price, writing two puts at the middle strike price, and buying one put at the lowest strike price.

See also: Long put, Market, Loss, Short straddle, Long call

Stock market Long putLong straddle

 
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