8.10

Sharp Move Up or Down

This strategy profits if the underlying stock is outside the outer wings at expiration.

This strategy profits if the underlying stock is outside the wings of the iron butterfly at expiration.

This strategy consists of buying a call option and a put option with the same strike price and expiration.

This strategy profits if the stock price moves sharply in either direction during the life of the option.

Sponsored By:

  • OCC

OIC Participant Exchanges:

  • BOX
  • Cboe
  • MIAX
  • Nasdaq
  • NYSE

OCC 125 South Franklin Street, Suite 1200 | Chicago, IL 60606

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as a recommendation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker, from any exchange on which options are traded or by contacting The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.

©1998-2018 The Options Industry Council - All rights reserved.

User acknowledges review of the User Agreement and Privacy Policy governing this site. Continued use constitutes acceptance of the terms and conditions stated therein.