在金融中,蝴蝶(Butterfly)是一种有限风险、非方向性的期权策略,旨在当标的资产的未来波动率预计低于或高于该资产当前的隐含波动率时,赚取有限利润的可能性很高。 蝶式价差/蝶状价差(Butterfly Spread),亦…
蝶式价差的英文释义如下：The term butterfly spread refers to an options strategy that combines bull and bear spreads with a fixed risk and capped profit. These spreads are intended as a market-neutral strategy and pay off the most if the underlying asset does not move prior to option expiratio...
Broken Wing Butterfly Spread - IntroductionThe Broken Wing Butterfly Spread, also known as a Skip Strike Butterfly Spread, is neutral options strategy and is a variant of the Butterfly Spread options trading strategy. The Broken Wing Butterfly Spread is simply a butterfly spread with risk ...
p> The Put Broken Wing Butterfly Spread, also known as the Broken Wing Put Butterfly Spread or Skip Strike Butterfly Spread, is a variant of the Butterfly Spread options trading strategy. Similar to the Butterfly Spread, it is a neutral options strategy but unlike the butterfly spread, it...
The long call butterfly spread is another way to take advantage of your forecast in a low volatility environment.Research options Get new options ideas and up-to-the-minute data on options. Find optionsMore to explore How to add options trading Understand the steps necessary for options ...
蝶式价差/蝶状价差(Butterfly Spread),亦称蝶式套利。它是套利交易中的一种合成形式,整个套利涉及三个合约。在期货套利中的三个合约是近期合约,远期合约以及更远期合约,我们称为近端、中间、远端。蝶式套利在净头寸上没有开口,它在头寸的布置上,采取1份近端合约:2份中间合约:1份远端合约的方式。其中近端、远端...
Write Put Butterfly Spread MA 陳朝宏. Introduction The write put butterfly is a neutral strategy. It is a limited profit, limited risk options strategy. ©David Dubofsky and 15-1 Thomas W. Miller, Jr. Chapter 15 Option Strategies and Profit Diagrams In the diagrams that follow, it is...
strike price on the long options. A hypothetical example of a butterfly spread would be to sell two April GM $60 and buy an April GM $50 and an April GM $70. The butterfly spread is designed to be profitable if the price of the underlying asset remains within a narrow trading range...
The long put butterfly spread is created by buying one out-of-the-money put option with a low strike price, selling (writing) two at-the-money put options, and buying one in-the-money put option with a higher strike price. Net debt is created when entering the position. Like the long...
A butterfly spread is created by selling two options and buying one option farther out-of-the-money (OTM) and one option farther in-the money (ITM). The butterfly can be created with calls or puts. The two sold options are called the body of the butterfly, and the two long options...