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It costs 6 quid to enter a reverse iron butterfly with like a 30m expiry on $1M of underlying. I don’t know enough about forex to determine whether that’s a re
by opportune 5y ago
It costs 6 quid to enter a reverse iron butterfly with like a 30m expiry on $1M of underlying.
I don’t know enough about forex to determine whether that’s a reasonable premium, but it seems like a pretty good deal at its face
- callamdelaney 5y agoThey don't offer leverage.. and if you actually have £1m cash are you really going to break your balls for a couple of Great British Pounds?
- londons_explore 5y agoYou only pay the £6 if you complete the deal. If you cancel midway, it's free. Oh - and it's £3.
- opportune 5y ago3 quid per leg, 6 for the reverse iron butterfly position which is both legs