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Low Implied Volatility Options Strategy. As implied volatility rises, our option prices will increase; as volatility drops, so does the option price. I'll use the RUT index as an example. Skip to content. The ranking is standardized from where 0 is the lowest value in recent history and is the highest value. The iron butterfly is an advanced strategy that employs four option contracts at three different strikes. Volatility is not the only vehicle.
Marcus Aurelius: Meditations
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