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  2. Iron butterfly (options strategy) - Wikipedia

    en.wikipedia.org/wiki/Iron_butterfly_(options...

    A short iron butterfly option strategy will attain maximum profit when the price of the underlying asset at expiration is equal to the strike price at which the call and put options are sold. The trader will then receive the net credit of entering the trade when the options all expire worthless.

  3. Options strategy - Wikipedia

    en.wikipedia.org/wiki/Options_strategy

    The short strikes are the same. In terms of CVAR (conditional value at risk), Butterfly is a useful strategy for 0DTEs (same day expiration contracts) because CVAR is low compared to many other strategies. [citation needed] Iron condor - the simultaneous buying of a put spread and a call spread with the same expiration and four different ...

  4. Condor (options) - Wikipedia

    en.wikipedia.org/wiki/Condor_(options)

    A condor is a limited-risk, non-directional options trading strategy consisting of four options at four different strike prices. [ 1 ] [ 2 ] The buyer of a condor earns a profit if the underlying is between or near the inner two strikes at expiry, but has a limited loss if the underlying is near or outside the outer two strikes at expiry. [ 2 ]

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  6. Iron condor - Wikipedia

    en.wikipedia.org/wiki/Iron_condor

    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 ...

  7. Butterfly (options) - Wikipedia

    en.wikipedia.org/wiki/Butterfly_(options)

    In finance, a butterfly (or simply fly) is a limited risk, non-directional options strategy that is designed to have a high probability of earning a limited profit when the future volatility of the underlying asset is expected to be lower (when long the butterfly) or less lower (when short the butterfly) than that asset's current implied ...

  8. Doug Ingle, Iron Butterfly Founder Who Sang and Co ... - AOL

    www.aol.com/doug-ingle-iron-butterfly-founder...

    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 ...

  9. Ladder (option combination) - Wikipedia

    en.wikipedia.org/wiki/Ladder_(option_combination)

    Simple payoff diagrams of the four types of ladder. In finance, a ladder, also known as a Christmas tree, is a combination of three options of the same type (all calls or all puts) at three different strike prices. [1]