iron butterfly

Questions

What does iron butterfly mean?

A combination of four options, including two calls and two puts, that replicates the payoff of a butterfly.

How to pronounce iron butterfly

1. Open the pronunciation page — Open the Speakur entry for “iron butterfly”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “iron butterfly”.
4. Repeat and practice — Say “iron butterfly” aloud, matching stress and vowels until it feels natural.