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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.
A "candlestick pattern" is a movement in prices shown graphically on a candlestick chart. This separation shown on the chart, is said to be caused by an exhaustion gap and the subsequent move in the opposite direction occurs as a result of a breakaway gap.
Ladybird, ladybug, lady beetle Temporal range: Eocene — Present Pre๊ ๊ O S D C P T J K Pg N Coccinella septempunctata Scientific classification Domain: Eukaryota Kingdom: Animalia Phylum: Arthropoda Class: Insecta Order: Coleoptera Suborder: Polyphaga Infraorder: Cucujiformia Superfamily: Coccinelloidea Family: Coccinellidae Latreille, 1807 Subfamilies (traditional, but see below ...
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
Some ladybugs are colored a bold, brilliant red, which acts as a defense mechanism, warning away predators. Since red is also the hue associated with passion, ladybugs have come to embody love in ...
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".
The caterpillars are white with black spots and have numerous black spikes along their body. Adult butterflies are monomorphic of medium size with long wings. On the dorsal side, the wings are black with narrow white and yellow stripes, with a similar pattern on the ventral side, but paler and with red spots.