Hey guys, I’m looking at the 21 MAY 21 220/30/40 call butterfly in Caterpillar @ 1.90 risk If I put this butterfly on Caterpillar, would it be considered financial metamorphosis?
How about you try it and share with us the output of the low probability and low risk spread? Good thing is that even if you won’t have huge profits, you won’t even have to face huge losses. That’s the beauty.
Yes it would, But I think I would have to do a bit of research on the matter because the words you have used are not what I use.