Usually means: Options strategy with limited risk.
Definitions Related words Mentions
We found 5 dictionaries that define the word iron butterfly:

General (3 matching dictionaries)
  1. iron butterfly: Dictionary.com
  2. Iron Butterfly (disambiguation), Iron Butterfly, Iron butterfly (options strategy), Iron butterfly: Wikipedia, the Free Encyclopedia
  3. iron butterfly: Wiktionary

Business (2 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Iron Butterfly: Investopedia

Definitions from Wiktionary (iron butterfly)

noun:  (finance) A combination of four options, including two calls and two puts, that replicates the payoff of a butterfly.

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