The ..... takes the body of the butterfly - two options at the middle strike - and splits it between two middle strikes rather than just one; in this sense, it is basically a butterfly stretched over four strike prices instead of three.

The ..... takes the body of the butterfly - two options at the middle strike - and splits it between two middle strikes rather than just one; in this sense, it is basically a butterfly stretched over four strike prices instead of three. (*) collar (*) condor (*) long butterfly (*) split spread


This is a companion discussion topic for the original entry at https://english.best/questions/10791,the-___-takes-the-body-of-the-butterfly-two-options-at-the-middle-strike-and-splits-it-between-two-middle-strikes-rather-than-just-one-in-this-sense-it-is-basically-a-butterfly-stretched-over-four-strike-prices-instead-of-three/