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Butterfly Spread

A neutral option strategy (limited profit and limited risk strategy) that combines a bull spread and a bear spread. This…

Gut Iron Butterfly Spread

An option trading strategy, similar to an iron butterfly, which involves buying and selling both calls and puts at three...

Albatross Spread

An advanced neutral option trading strategy which constitutes a long condor spread with a much wider difference in strike prices....

Multi-Leg Options Order

An option order whereby a trader can simultaneously buy and sell a number of different options that usually could only...