Search results
Results from the WOW.Com Content Network
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.
The iron butterfly is a special case of an iron condor (see above) where the strike price for the bull put credit spread and the bear call credit spread are the same. Ideally, the margin for the iron butterfly is the maximum of the bull put and bear call spreads, but some brokers require a cumulative margin for the bull put and the bear call.
A condor is also known as a "stretched butterfly", as its maximum profit is reached on a wider range of underlying prices compared to a butterfly. [6] Both butterflies and condors are known as "wingspreads". [1] The condor is so named because of its payoff diagram's perceived resemblance to a large bird such as a condor. [6]
The first exit time (FET) is the minimum between: (i) the time in the future when the spot is expected to exit a barrier zone before maturity, and (ii) maturity, if the spot has not hit any of the barrier levels up to maturity.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Margrabe's model of the market assumes only the existence of the two risky assets, whose prices, as usual, are assumed to follow a geometric Brownian motion.The volatilities of these Brownian motions do not need to be constant, but it is important that the volatility of S 1 /S 2, σ, is constant.
A 2-minute-52-second 45-rpm version of "In-A-Gadda-Da-Vida" was Iron Butterfly's only song to reach the top 40, reaching number 30, [7] while the album itself reached number four on the album chart and has sold over 30 million copies. [a] An 8-minute-20-second edit of the song was included in the soundtrack to the 1986 film Manhunter. [15]
Just Words. If you love Scrabble, you'll love the wonderful word game fun of Just Words. Play Just Words free online! By Masque Publishing