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If the underlying safety goes opposite of the route of the contract (down for a call choice, up for a put possibility), the trade is alleged to be “out of the money” (an OTM possibility). In a traditional options trade, the buyer of the option has virtually no risk, since they do not have to exercise the option on “at the money” or “out of the money” contracts. Iron Butterfly OptionThe Iron Butterfly Option technique, also called Ironfly, is a combination of 4 different sorts of option contracts, which together make one bull Call spread and b
