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Iron Butterfly was an American rock band formed in San Diego, California, in 1966. They are best known for the 1968 hit " In-A-Gadda-Da-Vida ", providing a dramatic sound that led the way towards the development of hard rock and heavy metal music.
A long iron butterfly will attain maximum losses when the stock price falls at or below the lower strike price of the put or rises above or equal to the higher strike of the call purchased. The difference in strike price between the calls or puts subtracted by the premium received when entering the trade is the maximum loss accepted.
"Don't Look Down on Me" is the debut single by American rock band Iron Butterfly. Lead vocals were by Darryl DeLoach with Doug Ingle on organ and backing vocals. The song "Possession", which is on the flip-side, is the same as the version on the band's second single "Unconscious Power" as well as on the 1970 single release and is different from the version on the album Heavy. [1]
In 1974, he was contacted by a promoter about reforming Iron Butterfly, so he reunited with Ron Bushy to form a new version of the group, signing with MCA. The 1975 LP Scorching Beauty featured Brann on guitars and vocals, Bushy on drums, Philip Taylor Kramer (Bushy's friend) on bass, and Erik's friend Howard Reitzes (who worked in a music ...
Doug Ingle, who co-founded the heavy rock band Iron Butterfly and was the singer and organist on songs including their signature hit, “In-a-Gadda-Da-Vida,” died Friday at age 78. He was the ...
His work is featured on the Iron Butterfly albums Heavy (1968), In-A-Gadda-Da-Vida (1968), Ball (1969) and Metamorphosis (1970). He also authored the band's biggest hit, also called "In-A-Gadda-Da-Vida". Though it was not recorded until their second album, it was written during Iron Butterfly's early days. [citation needed]
A short butterfly position will make profit if the future volatility is higher than the implied volatility. A short butterfly options strategy consists of the same options as a long butterfly. However now the middle strike option position is a long position and the upper and lower strike option positions are short.
The iron condor is an options trading strategy utilizing two vertical spreads – a put spread and a call spread with the same expiration and four different strikes. A long iron condor is essentially selling both sides of the underlying instrument by simultaneously shorting the same number of calls and puts, then covering each position with the purchase of further out of the money call(s) and ...