Christmas Tree Put Butterfly Calculator & Visualizer

The Christmas tree strategies include a whopping 6 legs! For The Christmas Tree Call Butterfly the setup has 1 long puts, roughly at the money, then sell 3 puts out of the money, and buy two more puts very far out of the money.

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Option Contracts

Long Put

Short Put (x3)

Long Put

Long Put


No equity included

Estimated Returns

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