Iron Butterfly Calculator Iron Butterfly Calculator 🦋 Strategy Inputs Long Put Strike (A) Short Put Strike (B) Short Call Strike (C) Long Call Strike (D) Net Credit Received ($) Calculate Profit/Loss Results Max Profit $0.00 Max Loss $0.00 Lower Breakeven $0.00 Upper Breakeven $0.00 Profit/Loss Diagram (at Expiration) Download Results as PDF