: A combination of a bear call spread and a bull put spread that earns a net credit. Butterfly Spread
Debit spread; long lower strike, short higher strike. master 76 option strategies pdf
If you download the "Master 76 Option Strategies PDF," do not try to memorize all 76 at once. Focus on the "Magnificent Seven" of the options world first. : A combination of a bear call spread
: Buying both a call and a put at the same strike. You don't care which way the market moves, only that it moves a lot . long lower strike