
Source: en.wikipedia.org
Butterfly (options) - Wikipedia.

Source: en.wikipedia.org
Option (finance) - Wikipedia.

Source: en.wikipedia.org
Option (finance) - Wikipedia.
What are Options?
An Option is a contract allowing the recipient the right, but not the obligation to transact a known transaction (buy or sell) of a known Asset at a known price in a known pre-defined time frame.
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Option (finance) - Wikipedia

Source: en.wikipedia.org
Option (finance) - Wikipedia.

Source: en.wikipedia.org
Short (finance) - Wikipedia.

Source: en.wikipedia.org
Option (finance) - Wikipedia.