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A long call butterfly spread is a seasoned option strategy combining a long and short call spread, meant to converge at a strike price equal to the stock.
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Iron condor spreads are advanced option strategies based on out-of-the-money short put and short call spreads with the same expiration month.
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In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or
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