Skip to main content

Long Call Butterfly — Live Payoff & Greeks

Live Long Call Butterfly options strategy on Nifty 50 with real-time payoff diagram, breakevens, risk-reward and leg details.

Long Call Butterfly

NeutralNet DebitRisk: Limited (net premium paid)Reward: Limited (spread width - premium paid)

Buy 1 ITM Call + Sell 2 ATM Calls + Buy 1 OTM Call. Max profit at ATM at expiry.

Nifty 50 · Live Spot

23,719.30

ATM Strike:23,700
Lot Size:25

Max Profit

₹0.88

₹22 / lot

Max Loss

₹49.12

₹1,228 / lot

Net Premium

₹-49.12

₹1,228 / lot

Breakeven

23,699 / 23,701

Risk / Reward

1 : 55.82

Live Payoff Diagram

23,69923,701Spot 23,71960-5422,46824,933

Chart uses live option chain premiums. Vertical indigo line = current spot; dashed amber lines = breakeven points.

Strategy Legs

#TypeSideStrikePremiumQty
1CEbuy23,650117.841
2CEsell23,70068.892
3CEbuy23,75049.351

About This Strategy

This Long Call Butterfly is built around the live ATM strike of Nifty 50. 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.