[Verse 1]
When the market's moving sideways, not too high or low
There's a strategy that captures profit in that narrow flow
Buy one call below the middle, sell two at the peak
Buy one call above the center, limited risk you seek
[Chorus]
Butterfly spread, wings wide open
Three strikes aligned, profit token
Lower-middle-upper, that's the way
Neutral stance for sideways play
Buy-sell-sell-buy, remember the sequence right
Butterfly spread takes flight
[Verse 2]
Put version works the same way, mirror image clean
Sell two puts right at the middle where you think it's keen
Buy the wings to guard your flanks, protection on each side
Maximum loss is premium paid, let probabilities guide
[Chorus]
Butterfly spread, wings wide open
Three strikes aligned, profit token
Lower-middle-upper, that's the way
Neutral stance for sideways play
Buy-sell-sell-buy, remember the sequence right
Butterfly spread takes flight
[Bridge]
Net debit strategy, you pay to play
Maximum profit when price lands middle-way
Break-even points above and below
Calculate carefully before you go
Time decay helps when you're short the middle
Market movement makes profits dwindle
[Verse 3]
Equal spacing between strikes keeps the balance true
Expiration brings sweet victory if your forecast flew
Limited reward for limited risk, that's the butterfly code
When volatility stays quiet, profits will explode
[Chorus]
Butterfly spread, wings wide open
Three strikes aligned, profit token
Lower-middle-upper, that's the way
Neutral stance for sideways play
Buy-sell-sell-buy, remember the sequence right
Butterfly spread takes flight
[Outro]
Advanced neutral trading, precision is key
Butterfly spreads set your portfolio free