Butterfly Spread
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Risk Graph Example of Combination Position with Adjustments.

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Home > Butterfly Spread, Iron Condor, Option Trades, Option Trading Strategy > MAY ‘09 DIA BUTTERFLY SPREAD - IRON CONDOR CLOSED

MAY ‘09 DIA BUTTERFLY SPREAD - IRON CONDOR CLOSED

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<< MAY '09 SPY BUTTERFLY SPREAD - IRON CONDOR CLOSED  JUNE '09 RUT BUTTERFLY SPREAD - IRON CONDOR CLOSED >>

DIA OBDB BUTTERFLY SPREAD - Risk Graph above on close of trade - 5/14/09

DIA OBDB BUTTERFLY SPREAD - Risk Graph above on 5/2/09…

DIA OBDB BUTTERFLY SPREAD - Risk Graph above on 4/25/09

We started this Butterfly Spread Trade off as a Double Butterfly. The move up from around 78 to 85 forced an adjustment. We eventually exited in expiration week with a profit.

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