Skip Strike Call Butterfly Calculator & Visualizer

A skip strike butterfly sounds complicated, but it really is just stretching out the contracts for different strikes. The skip strike call butterfly has a setup of buying 1 long call, selling 2 otm calls, and buying another call, but far out of the money.

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Option Contracts

Long Call


Short Call (x2)


Long Call


Equity - Long

100 shares


Estimated Returns

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