Options Glossary

Glossary: Call Broken Wing Butterfly Spread

Last Updated: July 12, 2015


Call Broken Wing Butterfly Spread

What Does Call Broken Wing Butterfly Spread Mean in Options Trading?

It's a type of Butterfly Spread where risk/reward profile is skewed in favor of the trader by which no losses occur or a slight credit is taken even if the underlying security goes down substantially. The strategy profits the most if the underlying price appreciates within the expected range.

Related Options Trading Terms

homeusercrossmenuarrow-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram