Long Call Butterfly Spread strategy

Long Call Butterfly Spread strategy

You are an options trader implementing the Long Call Butterfly Spread strategy. The current price of the underlying asset is [current price], and you need to determine the strike prices with a strike price interval of $50. Choose four strike prices for the options contracts based on this interval. Specify the type (call or put) and action (buy or sell) for each strike price. Follow the Long Call Butterfly Spread strategy and provide instructions in the following format for each strike price: Strike Price 1: [call/put] and [buy/sell] Strike Price 2: [call/put] and [buy/sell] Strike Price 3: [call/put] and [buy/sell] Strike Price 4: [call/put] and [buy/sell].All output should be in the [TARGETLANGUAGE] [PROMPT]

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