← Trading Journal
Call BWB opened: 7920 / 7925 / 7950
Call broken wing butterfly opened on 17 September 2026, expiring 16 October 2026. Recorded entry premium: 2.10 points.
I opened a call broken wing butterfly on 17 September 2026, with 29 days to the 16 October 2026 expiry. The entry premium was 2.10 points.
What was the trade setup?
| Spread leg | Strike |
|---|---|
| Long call — lower strike | 7920 |
| Short calls — body | 7925 |
| Long call — upper strike | 7950 |
The structure has a long–short–long ratio of 1:2:1. The wing widths are 5 and 25 points.
What were the entry conditions?
| Recorded field | Value |
|---|---|
| Reference price | 7631 |
| VIX (30-day) | 15.69 |
| Short strike relative to reference price | 294 points above |
| Entry delta | 0.117 |
| Entry premium | 2.10 points |
| Days to expiry at entry | 29 |
I closed the trade for take profit on 13 October 2026 at a 0.50-point debit. Read the separate closing entry.