iron butterfly

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

Noun[edit]

iron butterfly (plural iron butterflies)

  1. (finance) A combination of four options, including two calls and two puts, that replicates the payoff of a butterfly.
Retrieved from "https://en.wiktionary.org/w/index.php?title=iron_butterfly&oldid=65152984"