Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Less than $10/month! Get more Watchlists, Portfolios, Custom Views and Chart Templates with Barchart Plus. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Long Iron Butterfly Screener

The Long Iron butterfly strategy is a 4-legged option spread that combines a long straddle and a short strangle. The Long Iron fly could also be viewed as a combination of a debit bear put spread and a debit bull call spread. The strike differential is equidistant in that the short put and short call of the strangle are equidistant to the straddle and all options have the same expiration. Max profit is incurred If the underlying is trading outside of the lower put and upside call (wings). Max loss is observed if the underlying ‘pins’ the straddle (body) at expiration.
Wed, May 1st, 2024
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar