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A long butterfly options strategy consists of the following options: Long 1 call with a strike price of (X − a) Short 2 calls with a strike price of X; Long 1 call with a strike price of (X + a) where X = the spot price (i.e. current market price of underlying) and a > 0. Using put–call parity a long butterfly can also be created as follows:
In a state of backwardation, futures contract prices include compensation for the risk transferred from the underlying asset holder to the purchaser of the futures contract. This means the expected spot price on expiry is higher than the price of the futures contract. Backwardation very seldom arises in money commodities like gold or silver.
The forward curve is a function graph in finance that defines the prices at which a contract for future delivery or payment can be concluded today. For example, a futures contract forward curve is prices being plotted as a function of the amount of time between now and the expiry date of the futures contract (with the spot price being the price at time zero).
Media in category "Images of butterflies and moths" This category contains only the following file. Plate II Kallima butterfly from Animal Coloration by Frank Evers Beddard 1892.jpg 1,695 × 2,722; 1.77 MB
NASDAQ-100 futures (ticker: ND) contract's tick is .25 index point = $25.00 [4] While the performance bond requirements vary from broker to broker, the CME requires equity ranging from $14,000-$17,500 to maintain the position.
Openclipart, also called Open Clip Art Library, is an online media repository of free-content vector clip art.The project hosts over 160,000 free graphics and has billed itself as "the largest community of artists making the best free original clipart for you to use for absolutely any reason".
Graphium nomius, the spot swordtail, [1] [2] is a butterfly found in South and Southeast Asia that belongs to the swallowtail family. The species was first described by Eugenius Johann Christoph Esper in 1793. [1] [2] One of the grandest sights is a host of spot swordtails mud-puddling or swarming around a flowering forest tree.
Wikipedia:Picture of the day is an image which is automatically updated each day with an image from the list of featured pictures. The {{ POTD }} template produces the image shown above. Category:Wikipedia Picture of the day lists the different templates that can be used.