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Question 1 of 5
1. Question
You want the stock to move away from the body of a short butterfly.
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Question 2 of 5
2. Question
Short butterflies have max loss at long strike.
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Question 3 of 5
3. Question
Short butterflies are usually theta positive.
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Question 4 of 5
4. Question
On short butterflies, max profit is when the stock is beyond the short strikes.
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Question 5 of 5
5. Question
Short butterflies have a max gain that is the net credit.
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