Axis Securities has recommended an Iron Butterfly options strategy for Bank Nifty contracts expiring on 27 March 2025. This ...

We take you through the details and examples below. Butterfly spreads are options strategies that involve using four options contracts with three different strike prices. They can be constructed ...

The iron butterfly is an advanced strategy that employs four option contracts at three different strikes. The trade is composed of two sold options -- one call and one put -- at the center strike ...