Iron Butterfly
Heavy psychedelic band
Iron Butterfly names two unrelated things.
In options trading, an iron butterfly is a strategy combining four options contracts at three strike prices to profit from low volatility—the trader bets the underlying asset will stay near a middle price.
Separately, Iron Butterfly was an American rock band best known for the 1968 song "In-A-Gadda-Da-Vida."
Rejection of mainstream values
- Summer of Love1967 counterculture convergence
- hippiesCountercultural youth of the sixties
- flower powerNonviolent resistance ideology
- Vietnam WarCold-era Indochina military engagement
acid rock · Sunset Strip · psychedelia · underground · garage rock · British Invasion · FM radio · head shops
Lengthy 1968 psychedelic instrumental
- acid rockDrug-influenced heavy music
- hard rockLoud guitar-driven genre
- psychedelic rockHallucinogen-inspired music genre
- heavyOf great mass
drummer · keyboardist · guitarist · bassist · vocals · albums · tours · concerts
Lengthy 1968 psychedelic instrumental
- trippyResembling a hallucination
- mind-expandingBroadening one's awareness
- kaleidoscopicShowing constantly changing patterns
- surrealDreamlike and strange
acid rock · organ · drone · hypnotic · extended jam · improvisation · distortion · reverb
To distribute widely
- put optionsContracts to sell at set prices
- call optionsRights to buy at set prices
- strike pricePredetermined option execution level
- expirationEnd of validity
volatility · premium · derivatives · breakeven · hedge
counterculture
Rejection of mainstream values
- Summer of Love1967 counterculture convergence
- hippiesCountercultural youth of the sixties
- flower powerNonviolent resistance ideology
Vietnam War · acid rock · Sunset Strip · psychedelia · underground · garage rock · British Invasion · FM radio · head shops · love-ins
In-A-Gadda-Da-Vida
Lengthy 1968 psychedelic instrumental
- acid rockDrug-influenced heavy music
- hard rockLoud guitar-driven genre
- psychedelic rockHallucinogen-inspired music genre
heavy · drummer · keyboardist · guitarist · bassist · vocals · albums · tours · concerts · reunion
In-A-Gadda-Da-Vida
Lengthy 1968 psychedelic instrumental
- trippyResembling a hallucination
- mind-expandingBroadening one's awareness
- kaleidoscopicShowing constantly changing patterns
surreal · acid rock · organ · drone · hypnotic · extended jam · improvisation · distortion · reverb · feedback
spread
To distribute widely
- put optionsContracts to sell at set prices
- call optionsRights to buy at set prices
- strike pricePredetermined option execution level
expiration · volatility · premium · derivatives · breakeven · hedge
Iron ButterflyThe Velvet Underground
The Ramones · Kraftwerk · Simon & Garfunkel · The Carpenters · folk singers