Articles tagged with "iron butterfly"

Flying Heavy With an Iron Butterfly

In our previous post, we talked about using iron condors. It’s a lot to breakdown, but here are the basics: sell 1 out-of-the-money bear call spread and sell 1 out-of-the-money bull put spread. We receive a net credit and hope the stock does not appreciate past our break-even prices. A long iron butterfly works in […]