Further to our articles on Long Call Butterfly Profit & Loss Calculation and Long Call Butterfly Options Spread Trading
Details about Greeks (Delta, Gamma, Rho, Vega Theta) for Long Call Butterfly Option Trade
Greeks form an important quantitative measure for any option trade. Here are the details for Long Call Butterfly Option Trade and their corresponding Greek Values:
Dotted line indicates a shorter maturity option greeks while the solid line represents the long maturity option greeks.

Delta measure the price sensitivity of the option price to its underlying.

The Delta for Long Call Butterfly Option is at its highest value near the 2 outer strikes (ITM and OTM) and is lowest (zero) near the middle ATM strike.

Gamma is the second derivative of the underlying price movement sensitivity to option price (or the first derivative of delta).
Gamma for Long Call Butterfly Option it goes to the lowest value near the middle ATM strike and goes highest near the outer strikes of OTM and ITM.

Theta measures the time decay - see (Options Time Decay: Explained with Examples)

Time decay is benefits the Long Call Butterfly Option trader in the profit region, while it is a problem for the trader in the unprofitable region of the payoff function.

Vega measures the option price sensitivity to volatility.
In case of Long Call Butterfly Option, the volatility leads to loss to the option position in the profit region and becomes helpful as soon as the underlying price breaks out to the outer strikes.

Rho measures the interest rate sensistivity to option positions.
As seen from the chart, an increase in interest rates is beneficial to the Long Call Butterfly Option position if the stock price is lower and vice versa