{"id":165387,"date":"2022-05-06T15:43:45","date_gmt":"2022-05-06T15:43:45","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/butterfly\/"},"modified":"2022-05-06T15:43:47","modified_gmt":"2022-05-06T15:43:47","slug":"butterfly","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/butterfly\/","title":{"rendered":"Butterfly"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>An option strategy involving three call or put options with strike prices that are equally apart. Buy or sell the option with the lowest strike price, sell or buy twice the quantity at the central strike price and buy or sell the option at the highest strike price. The payoff diagram for this option strategy resembles a picture of a butterfly.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4247],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165387"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165387"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}