Get Option Alpha 100% FREE by connecting your TradeStation or Tradier Brokerage account! Learn more.
📣 70% OFF Ends Tonight!
The all-new Alpha One membership closes at midnight! 👉 Learn more.

Call Butterfly

Approved for autotrading
A call butterfly, also known as a long butterfly, is a multi-leg, risk-defined, neutral strategy with limited profit potential. The strategy looks to take advantage of a drop in volatility, time decay, and little or no movement from the underlying asset.
No items found.
Call Butterfly
stats
Here's some
Call Butterfly
autotrading stats.
Total Active Bots
Avg. Credit Received
Avg. Entry DTE
Avg. Days In Trade
Total
Call Butterfly
trades
%
Be a more powerful options trader
Leverage automation to improve returns, find better trades, and transform into a superhuman trader.
MacBook mockup