Abstract
The iron butterfly is a popular strategy designed to provide limited maximum profit in exchange for limited maximum loss. This strategy may be viewed as acceptable for those willing to live with limitations on both sides; it may also be seen as unacceptable because profit can never exceed the limitations imposed by the strategy.
It is better to fail in originality than to succeed in imitation.
Herman Melville, in The Literary World, August, 1850
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© 2013 Michael C. Thomsett
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Thomsett, M.C. (2013). Strategy # 9: Expanded Iron Butterfly Swing Trading. In: Options for Swing Trading. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137344113_19
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DOI: https://doi.org/10.1057/9781137344113_19
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-137-28256-9
Online ISBN: 978-1-137-34411-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)