Deribit
Deribit|Jul 06, 2025 15:15
🦋 Options Strategy Spotlight: Long Iron Butterfly Use it when you expect low volatility and price to hover near a strike. Structure (same expiry): 🔹 Buy 1 Put A 🔹 Sell 1 Put B 🔹 Sell 1 Call B 🔹 Buy 1 Call C Also called a straddle-strangle swap. Credit at entry, max gain if price = B. Try it risk-free on our Testnet: https://test.deribit.com
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