hey im looking in buying a butterfly spread for one day and seeing if there is a price depreciation in one day what stuff should i be looking at in order to value what options would be the best to buy ?
Decent info in this thread, but on the credit side: https://www.elitetrader.com/et/threads/delta-hedged-put-butterfly-the-road-to-50-apy.330348/
A call butterfly is a debit. A sell iron butterfly is a credit in my books. Or perhaps I miss understood the question