Long Call Butterfly — Live Payoff & Greeks
Live Long Call Butterfly options strategy on Bank Nifty with real-time payoff diagram, breakevens, risk-reward and leg details.
Long Call Butterfly
Buy 1 ITM Call + Sell 2 ATM Calls + Buy 1 OTM Call. Max profit at ATM at expiry.
Bank Nifty · Live Spot
54,055.35
Switch Underlying Symbol
Max Profit
₹25.94
₹389 / lot
Max Loss
₹74.06
₹1,111 / lot
Net Premium
₹-74.06
₹1,111 / lot
Breakeven
54,071 / 54,129
Risk / Reward
1 : 2.86
Live Payoff Diagram
Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.
Strategy Legs
| # | Type | Side | Strike | Premium | Qty |
|---|---|---|---|---|---|
| 1 | CE | buy | 54,000 | ₹104.84 | 1 |
| 2 | CE | sell | 54,100 | ₹49.59 | 2 |
| 3 | CE | buy | 54,200 | ₹48.66 | 1 |
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About This Strategy
This Long Call Butterfly is built around the live ATM strike of Bank Nifty. Premiums reflect current NSE option chain LTPs. Use this as an educational tool to understand the structure and risk profile before placing real trades.
Disclaimer: Educational use only. Options carry significant risk — always validate with your broker, factor in slippage and brokerage, and use proper position sizing.