The butterfly options strategy is a classic favorite at Simpler Trading. The ability to establish multiple strike targets streamlines the risk-to-reward process. But, what is a butterfly strategy? To break it down, a butterfly is a neutral, multi-leg setup that combines bullish and bearish spreads. The butterfly options strategy can be used in all markets. … Read more
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Original source: https://www.simplertrading.com/blog/trading-tips-strategies/butterfly-options-strategy/