long-call-butterfly

What problem does it solve?

Manually analyzing and managing complex multi-leg options strategies like the long call butterfly is time-consuming and prone to error. This skill automates the analysis, optimization, and management, helping you profit from neutral market conditions with defined risk.

Core Features & Use Cases

• Automated Strategy Analysis: Instantly calculate max profit, max loss, breakevens, and risk/reward for long call butterfly spreads.
• Wing Width Optimization: Compare different wing widths to find the optimal balance of profit potential, capital efficiency, and probability of profit.
• Greeks & Probability Analysis: Monitor Delta, Gamma, Theta, and Vega, and calculate probabilities of profit for informed entry and exit decisions.
• Use Case: Quickly evaluate a long call butterfly spread on a stock consolidating after earnings, optimizing strike selection and expiration to maximize profit potential while minimizing risk, all without manual calculations.

Quick Start

Analyze a long call butterfly for SPY at $450, with strikes $445/$450/$455, and premiums $8.50/$5.00/$2.50 respectively.