{"id":26361,"date":"2022-07-06T08:00:00","date_gmt":"2022-07-06T12:00:00","guid":{"rendered":"http:\/\/aky.pbv.mybluehost.me\/?p=26361"},"modified":"2022-10-11T01:53:38","modified_gmt":"2022-10-11T05:53:38","slug":"guia-butterfly-spread","status":"publish","type":"post","link":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/","title":{"rendered":"Butterfly Spread &#8211; Um guia explicando Short e Long Butterfly"},"content":{"rendered":"\n<p>Em algum momento, voc\u00ea provavelmente vai se deparar com o termo &#8220;butterfly spread&#8221;, ou &#8220;spread borboleta&#8221;. \u00c9 uma estrat\u00e9gia muito popular entre os traders, mas por qu\u00ea? Posi\u00e7\u00f5es short butterfly ou long butterfly podem ser extremamente \u00fateis para criar cen\u00e1rios com risco e retorno limitados. Em seguida, dependendo da estrutura da posi\u00e7\u00e3o, voc\u00ea pode maximizar os ganhos de acordo com as condi\u00e7\u00f5es atuais do mercado. Ao combinar op\u00e7\u00f5es call e put com pre\u00e7os de exerc\u00edcio diferentes, \u00e9 poss\u00edvel tirar proveito de mercados vol\u00e1teis e estagnados.<\/p>\n\n\n\n\n\n<div class=\"earn2-ads_pt1_desktop\" id=\"earn2-2602730853\"><div id=\"earn2-3306335941\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/www.earn2trade.com\/trader-career-path?a_pid=E2TLLC&#038;chan=code330&#038;utm_source=Affiliate_track&#038;utm_medium=Top_Banner&#038;utm_campaign=Affiliate_blog&#038;utm_id=TCP_English\" target=\"_blank\" aria-label=\"910x300_earn2trade_ad\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN.png\" alt=\"910x300_earn2trade_ad\"  srcset=\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN.png 910w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-300x99.png 300w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-150x49.png 150w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-768x253.png 768w, https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2020\/04\/910x300-Dark-II_EN-770x254.png 770w\" sizes=\"(max-width: 910px) 100vw, 910px\" class=\"no-lazyload\" width=\"910\" height=\"300\"  style=\"display: inline-block;\" \/><\/a><\/div><\/div><h2 class=\"wp-block-heading\"><strong>O que \u00e9 um Butterfly Spread?<\/strong><\/h2>\n\n\n\n<p>Em primeiro lugar, o termo butterfly spread \u00e9 uma refer\u00eancia \u00e0 coluna vertebral e \u00e0s asas da borboleta quando est\u00e3o completamente abertas. Em termos de investimento, a coluna \u00e9 o pre\u00e7o atual do ativo, enquanto o tamanho de cada asa define os limites de ganhos e perdas. Logo, um butterfly spread usar\u00e1 tr\u00eas pre\u00e7os de exerc\u00edcio diferentes: o menor, o atual e o maior.<\/p>\n\n\n\n<p>Ao vender um contrato de op\u00e7\u00e3o, voc\u00ea receber\u00e1 uma comiss\u00e3o para permitir que algu\u00e9m compre (call) ou venda (put) um ativo por um pre\u00e7o fixo ao longo de um per\u00edodo determinado. Ao adquirir uma op\u00e7\u00e3o, voc\u00ea pagar\u00e1 pela oportunidade de comprar (call) ou vender (put) um ativo por um pre\u00e7o fixo ao longo de um determinado per\u00edodo. Uma estrat\u00e9gia de butterfly spread envolve quatro op\u00e7\u00f5es, podendo ser quatro op\u00e7\u00f5es call, quatro op\u00e7\u00f5es put ou uma mistura das duas.<\/p>\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"lyte-wrapper\" title=\"What is The Butterfly Spread and How Does It Work?\" style=\"width:853px;max-width:100%;margin:5px auto;\"><div class=\"lyMe\" id=\"WYL_3FW7KR8XK8U\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\"><div><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/i.ytimg.com\/vi\/3FW7KR8XK8U\/hqdefault.jpg\" \/><meta itemprop=\"embedURL\" content=\"https:\/\/www.youtube.com\/embed\/3FW7KR8XK8U\" \/><meta itemprop=\"duration\" content=\"PT13M32S\" \/><meta itemprop=\"uploadDate\" content=\"2021-07-14T17:01:10Z\" \/><\/div><meta itemprop=\"accessibilityFeature\" content=\"captions\" \/><div id=\"lyte_3FW7KR8XK8U\" data-src=\"https:\/\/i.ytimg.com\/vi\/3FW7KR8XK8U\/hqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\" itemprop=\"name\">What is The Butterfly Spread and How Does It Work?<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/3FW7KR8XK8U\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/3FW7KR8XK8U\/0.jpg\" alt=\"What is The Butterfly Spread and How Does It Work?\" width=\"853\" height=\"460\" \/><br \/>Assista a este v\u00eddeo no YouTube<\/a><\/noscript><meta itemprop=\"description\" content=\"Firstly, the term butterfly spread relates to the spine and the wings of a butterfly when fully open. In investment terms, the spine is the current asset price. Meanwhile, the size of each wing is the area of fixed risk and reward. Therefore, a butterfly spread will use three different strike prices: The lower price, current price, and a higher price. When writing an option contract, you will receive a commission to allow someone to buy (call) or sell (put) an asset at a fixed price over a fixed period. When acquiring an option, you will pay for the opportunity to buy (call) or sell (put) an asset at a fixed price over a fixed period. For example, a butterfly spread strategy involves four options. These could be four call options, four put options, or a mixture of the two. 0:00 Music Intro 0:10 Intro 0:57 Disclaimer 1:11 Butterfly Spread 2:29 Liquidity matters 4:46 Butterfly Spread Types 8:34 Volatility Matters 9:38 Simplifying the spread 10:39 Continued 11:45 Final thoughts GUARANTEED FUNDING FOR YOU TO START AS A PROFESSIONAL TRADER - \ud83d\udcaa Earn Guaranteed Funding With Earn2Trade By Passing The Test! \ud83d\udcb0 Get Ready for The Gauntlet Mini\u2122 challenge, our intraday futures trading exam, and receive a guaranteed job to work at our prop firm partner! Do you accept the challenge? https:\/\/e2t.to\/yt-mini-en Read more about it on our blog YOUR CAREER AS A PROFESSIONAL TRADER STARTS HERE \ud83d\udc47 EDUCATION \u27a1Beginner Crash Course: https:\/\/www.earn2trade.com\/beginner-cc \u27a1Bootcamp: https:\/\/www.earn2trade.com\/bootcamp GET FUNDED \u27a1Gauntlet Mini: https:\/\/e2t.to\/yt-mini-en Follow us on our social media accounts and be part of a great community of traders \ud83d\ude00\ud83d\udcaa Instagram: https:\/\/instagram.com\/earn2trade Facebook: https:\/\/www.facebook.com\/earn2trade\/ Twitter: https:\/\/twitter.com\/earn2trade\"><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:853px;margin:5px auto;\"><\/div><figcaption><\/figcaption><\/figure>\n\n\n<h3 class=\"wp-block-heading\"><strong>Como funciona?<\/strong><\/h3>\n\n\n\n<p>Ao usar op\u00e7\u00f5es call e put, voc\u00ea pode criar uma variedade de posi\u00e7\u00f5es de investimento diferentes. \u00cdndices de investimento como os <a href=\"http:\/\/aky.pbv.mybluehost.me\/pt\/futuros-e-mini-sp-500\/\" target=\"_blank\" rel=\"noreferrer noopener\">futuros E-mini S&amp;P 500<\/a> s\u00e3o incrivelmente l\u00edquidos e muitas vezes vol\u00e1teis. No entanto, eles oferecem a oportunidade perfeita para criar diversos butterfly spreads. Quanto mais l\u00edquido \u00e9 o mercado subjacente:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Menor a chance de erro na defini\u00e7\u00e3o dos pre\u00e7os dos ativos<\/li><li>Maior a oportunidade de operar contratos grandes<\/li><li>Menores as restri\u00e7\u00f5es, at\u00e9 mesmo em mercados mais acelerados<\/li><\/ul>\n\n\n\n<p>Todos os tipos de butterfly spreads levam em considera\u00e7\u00e3o o valor intr\u00ednseco e o valor do tempo de uma op\u00e7\u00e3o. Por exemplo:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Pre\u00e7o do ativo:<\/strong> US$ 60<\/li><li><strong>Pre\u00e7o de exerc\u00edcio da op\u00e7\u00e3o call:<\/strong> US$ 50<\/li><li><strong>Pre\u00e7o de tr\u00eas meses da op\u00e7\u00e3o call:<\/strong> US$ 15<\/li><\/ul>\n\n\n\n<p>Ap\u00f3s a compra, o pre\u00e7o da op\u00e7\u00e3o call consistem em:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>O valor intr\u00ednseco de US$ 10 (a diferen\u00e7a entre o pre\u00e7o da call e o pre\u00e7o do ativo)<\/li><li>O valor do tempo de US$ 5 (referente ao per\u00edodo de tr\u00eas meses da op\u00e7\u00e3o)<\/li><\/ul>\n\n\n\n<p>Portanto, vamos admitir que o pre\u00e7o seja de US$ 60 neste cen\u00e1rio. A op\u00e7\u00e3o call valeria US$ 10 conforme o valor do tempo foi caindo. Logo, ao tirar proveito de uma combina\u00e7\u00e3o de op\u00e7\u00f5es call e put, valor intr\u00ednseco e do tempo, \u00e9 poss\u00edvel garantir lucros potencialmente significativos.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tipos de Butterfly Spread<\/strong><\/h2>\n\n\n\n<p>A seguir, daremos uma olhada nos diferentes tipos de butterfly spreads. Depois disso, examinaremos sua estrutura e sob quais condi\u00e7\u00f5es de mercado voc\u00ea pode maximizar o lucro e minimizar o risco.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Long Call Butterfly Spread<\/strong><\/h3>\n\n\n\n<p>Antes de analisarmos esta op\u00e7\u00e3o com mais detalhes, \u00e9 crucial entender do que se trata esse tipo de spread. Um Long Call Butterfly Spread, quando queremos triar proveito da baixa volatilidade, consistem em:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A compra de uma op\u00e7\u00e3o call in-the-money (o pre\u00e7o de exerc\u00edcio \u00e9 menor que o pre\u00e7o do ativo)<\/li><li>A escrita (venda) de duas op\u00e7\u00f5es call at-the-money (o pre\u00e7o de exerc\u00edcio \u00e9 igual ao pre\u00e7o do ativo)<\/li><li>A compra de uma op\u00e7\u00e3o call out-of-the-money (o pre\u00e7o de exerc\u00edcio \u00e9 maior que o pre\u00e7o do ativo)<\/li><\/ul>\n\n\n\n<p>Voc\u00ea tira proveito do valor do tempo das op\u00e7\u00f5es call at-the-money, vendendo para receber o retorno. A compra das op\u00e7\u00f5es call out-of-the-money serviria de seguro se o pre\u00e7o do ativo aumentasse significativamente ao longo do per\u00edodo. A compra da op\u00e7\u00e3o call in-the-money cobriria as op\u00e7\u00f5es vendidas. Essa posi\u00e7\u00e3o cria, portanto, um d\u00e9bito l\u00edquido.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Short Call Butterfly Spread<\/strong><\/h3>\n\n\n\n<p>Como demonstraremos a seguir, um Short Call Butterfly Spread significa aumentar seus ganhos em um movimento significativo, seja de alta ou de baixa. A posi\u00e7\u00e3o em si consiste em:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Vender uma op\u00e7\u00e3o call in-the-money por um pre\u00e7o de exerc\u00edcio menor<\/li><li>Comprar duas op\u00e7\u00f5es call at-the-money<\/li><li>Vender uma op\u00e7\u00e3o call out-of-the-money por um pre\u00e7o de exerc\u00edcio maior<\/li><\/ul>\n\n\n\n<p>A chave para essa estrat\u00e9gia de short butterfly \u00e9 comprar duas op\u00e7\u00f5es call at-the-money e receber o rendimento das op\u00e7\u00f5es vendidas, criando um cr\u00e9dito l\u00edquido. Se o pre\u00e7o do ativo ficar abaixo do pre\u00e7o de exerc\u00edcio mais baixo, todas as op\u00e7\u00f5es ser\u00e3o in\u00fateis no vencimento, ent\u00e3o voc\u00ea tomaria o cr\u00e9dito l\u00edquido como lucro. Por outro lado, se o pre\u00e7o do ativo ficasse acima do pre\u00e7o de exerc\u00edcio maior, o valor das duas op\u00e7\u00f5es call at-the-money cobriria as duas op\u00e7\u00f5es vendidas e mais. Essa posi\u00e7\u00e3o geraria um cr\u00e9dito l\u00edquido depois de criada.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Long Put Butterfly Spread<\/strong><\/h3>\n\n\n\n<p>A estrat\u00e9gia de Long Put Butterfly Spread \u00e9 um meio de se beneficiar com um mercado relativamente estagnado. A composi\u00e7\u00e3o dos quatro contratos de op\u00e7\u00f5es seria a seguinte:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Compra de uma op\u00e7\u00e3o put com um pre\u00e7o de exerc\u00edcio abaixo do pre\u00e7o do ativo<\/li><li>Venda de duas op\u00e7\u00f5es put at-the-money<\/li><li>Compra de uma op\u00e7\u00e3o put com um pre\u00e7o de exerc\u00edcio acima do pre\u00e7o do ativo (in-the-money)<\/li><\/ul>\n\n\n\n<p>Neste cen\u00e1rio, o melhor resultado seria se o pre\u00e7o do ativo fosse vencer pelo mesmo pre\u00e7o que as puts at-the-money. Essa situa\u00e7\u00e3o permitira que o investidor tirasse proveito do valor do tempo com as puts at-the-money enquanto maximizam o valor in-the-money. A op\u00e7\u00e3o put out-of-the-money \u00e9 simplesmente uma prote\u00e7\u00e3o caso o pre\u00e7o do ativo ca\u00edsse. Portanto, a estrat\u00e9gia inicial cria um d\u00e9bito l\u00edquido.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Short Put Butterfly Spread<\/strong><\/h3>\n\n\n\n<p>A estrat\u00e9gia de Short Put Butterfly Spread \u00e9 um meio de se beneficiar da volatilidade significativa no mercado. O sistema em si \u00e9 composto de:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Venda de uma op\u00e7\u00e3o put out-of-the-money<\/li><li>Compra as duas puts at-the-money<\/li><li>Venda de uma op\u00e7\u00e3o put in-the-money<\/li><\/ul>\n\n\n\n<p>Neste cen\u00e1rio, voc\u00ea maximiza seus lucros se o valor do ativo estiver acima do maior pre\u00e7o da op\u00e7\u00e3o ou abaixo do menor pre\u00e7o da op\u00e7\u00e3o no vencimento. O pior caso seria se, ao longo do per\u00edodo, o pre\u00e7o n\u00e3o se movesse. Como consequ\u00eancia, as op\u00e7\u00f5es put at-the-money seriam in\u00fateis. A menor op\u00e7\u00e3o put vendida tamb\u00e9m seria in\u00fatil e, consequentemente, n\u00e3o seria preciso recompr\u00e1-la para fechar a posi\u00e7\u00e3o.<\/p>\n\n\n\n<p>A perda m\u00e1xima com a estrat\u00e9gia de short butterfly seria a diferen\u00e7a entre os pre\u00e7os de exerc\u00edcio maior e m\u00e9dio, menos os ganhos da op\u00e7\u00e3o vendida. Logo, h\u00e1 um cr\u00e9dito l\u00edquido ao criar um Short Put Butterfly Spread.<\/p>\n\n\n\n<p>Leia tamb\u00e9m: <a href=\"http:\/\/aky.pbv.mybluehost.me\/pt\/trava-de-alta\/\">Trava de Alta \u2013 Entendendo Put Spreads e Call Spreads<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Como usar o Butterfly Spread no trading<\/strong><\/h2>\n\n\n\n<p>Ao analisar butterfly spreads, h\u00e1 dois problemas principais a se considerar em rela\u00e7\u00e3o ao movimento esperado de uma a\u00e7\u00e3o ou um \u00edndice:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Volatilidade m\u00ednima<\/strong><\/h3>\n\n\n\n<p>Suponha que voc\u00ea acredite que uma a\u00e7\u00e3o ou um \u00edndice passar\u00e1 por uma volatilidade m\u00ednima ao longo de um dado per\u00edodo. Nesse caso, voc\u00ea pode usar Long Call Butterfly Spreads e Long Put Butterfly Spreads para criar uma posi\u00e7\u00e3o. Haver\u00e1 um custo l\u00edquido para empregar essa estrat\u00e9gia, mas esta ser\u00e1 sua perda m\u00e1xima. Voc\u00ea pode calcular o lucro potencial m\u00e1ximo ao abrir a posi\u00e7\u00e3o.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Volatilidade esperada<\/strong><\/h3>\n\n\n\n<p>Se voc\u00ea espera alguma volatilidade de alta ou de baixa com uma dada a\u00e7\u00e3o ou \u00edndice, pode ser sens\u00edvel olhar para um Short Call Butterfly Spread ou um Short Put Butterfly Spread. Como voc\u00ea est\u00e1 comprando calls\/puts at-the-money, n\u00e3o h\u00e1 um valor intr\u00ednseco, apenas o valor do tempo; logo, o movimento na dire\u00e7\u00e3o &#8220;certa&#8221; maximizar\u00e1 seus lucros.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Simplificando Butterfly Spreads<\/strong><\/h3>\n\n\n\n<p>A chave para se obter lucro ou preju\u00edzo em qualquer butterfly spread gira em torno do valor intr\u00ednseco e do valor do tempo de uma op\u00e7\u00e3o. O valor inerente \u00e9 a diferen\u00e7a de pre\u00e7o b\u00e1sica entre o pre\u00e7o de exerc\u00edcio e o pre\u00e7o real da a\u00e7\u00e3o ou \u00edndice. Por exemplo, se voc\u00ea tivesse uma op\u00e7\u00e3o para comprar o S&amp;P 500 a 4200 e a op\u00e7\u00e3o expirasse com o \u00edndice a 4300, o valor intr\u00ednseco seria de 100. Como a op\u00e7\u00e3o expirou, n\u00e3o h\u00e1 um valor do tempo. No entanto, se, por exemplo, voc\u00ea comprou uma op\u00e7\u00e3o de tr\u00eas meses, no momento da compra, o pre\u00e7o incluiria qualquer valor intr\u00ednseco e um elemento do valor do tempo \u2013 que diminuiria lentamente conforme o vencimento se aproximasse.<\/p>\n\n\n\n<p>Voc\u00ea ver\u00e1 que op\u00e7\u00f5es at-the-money s\u00e3o mais populares e geralmente possuem um grau maior de valor do tempo inclu\u00eddo no pre\u00e7o da op\u00e7\u00e3o. Isso \u00e9 simplesmente uma quest\u00e3o de oferta e demanda: quanto maior a demanda, maior o pre\u00e7o da op\u00e7\u00e3o. Logo, o valor do tempo \u00e9 muitas vezes descrito como o pr\u00eamio.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Op\u00e7\u00f5es ou futuros?<\/strong><\/h3>\n\n\n\n<p>Para operar o \u00edndice S&amp;P 500, o m\u00e9todo mais popular \u00e9 no mercado futuro E-mini S&amp;P 500. No entanto, tamb\u00e9m \u00e9 poss\u00edvel operar o \u00edndice S&amp;P 500 por meio das op\u00e7\u00f5es do E-mini S&amp;P 500. Os mercados de futuros e de op\u00e7\u00f5es s\u00e3o operados com base em contratos de tr\u00eas meses, embora haja uma grande diferen\u00e7a: com os futuros E-mini S&amp;P 500, voc\u00ea s\u00f3 pode comprar ou vender o pre\u00e7o futuro do \u00edndice por vez. No entanto, quem quiser empregar butterfly spreads no S&amp;P 500 pode usar o mercado de op\u00e7\u00f5es do E-mini S&amp;P 500.<\/p>\n\n\n\n<p>O mercado de op\u00e7\u00f5es do E-mini S&amp;P 500 oferece um intervalo de pre\u00e7os de exerc\u00edcio out-of-the-money, at-the-money e in-the-money. Consequentemente, e devido \u00e0 alta liquidez que esse mercado atrai, voc\u00ea pode criar seus pr\u00f3prios butterfly spreads no \u00edndice S&amp;P 500.<\/p>\n\n\n\n<p>Os pre\u00e7os futuros do E-mini S&amp;P 500 est\u00e3o sempre variando em conjunto com o \u00edndice S&amp;P 500. Infelizmente, \u00e9 imposs\u00edvel criar o tipo de butterfly spreads que discutimos neste artigo usando o mercado futuro. No entanto, muitas pessoas criam um tipo diferente de spread que permite que voc\u00ea compre ou venda um contrato futuro de curto prazo para que voc\u00ea possa neutraliz\u00e1-lo comprando ou vendendo um contrato futuro de longo prazo.<\/p>\n\n\n\n<p>Esse tipo de spread envolve contratos com diferentes meses de vencimento. Por essa raz\u00e3o, eles costumam ser chamados de spread calend\u00e1rio.<\/p>\n\n\n\n<p>Concluindo, a \u00fanica forma de empregar um butterfly spread \u00e9 usando o mercado de op\u00e7\u00f5es do E-mini S&amp;P 500. Isso permite que voc\u00ea escolha entre op\u00e7\u00f5es in-the-money, at-the-money e out-of-the-money, mantendo o controle dos seu lucro ou preju\u00edzo m\u00e1ximo.<\/p>\n\n\n\n<p>Descubra as <a href=\"http:\/\/aky.pbv.mybluehost.me\/pt\/mini-contratos-e-mini-sp-500-micro\/\">diferen\u00e7as entre Minicontratos Futuros E-mini S&amp;P 500 e Micro E-mini<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-exemplos-de-uso-de-butterfly-spreads\">Exemplos de uso de Butterfly Spreads<\/h2>\n\n\n\n<p><strong>Agora vamos conferir alguns exemplos de butterfly spreads baseados nas a\u00e7\u00f5es da empresa ABC, que \u00e9 operada a US$ 100.<\/strong> Neste exemplo, usaremos um pre\u00e7o de exerc\u00edcio menor de US$ 95, um pre\u00e7o de exerc\u00edcio at-the-money de US$ 100 e um pre\u00e7o de exerc\u00edcio maior de US$ 105.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-long-call-butterfly-spread\"><em>Long Call Butterfly Spread<\/em><\/h3>\n\n\n\n<p>Este \u00e9 o resumo das opera\u00e7\u00f5es ao estabelecer um Long Call Butterfly Spread. Voc\u00ea pode comprar uma call in-the-money e uma call out-of-the-money enquanto vende duas calls at-the-money.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong>Compra \/ Venda<\/strong><\/td><td><strong>Contratos<\/strong><\/td><td><strong>S\u00e9rie<\/strong><\/td><td><strong>Pre\u00e7o<\/strong><\/td><td><strong>Custo<\/strong><\/td><\/tr><tr><td>Compra<\/td><td>1<\/td><td>ABC 95 Call<\/td><td>US$ 6,40<\/td><td>(US$ 6,40)<\/td><\/tr><tr><td>Venda<\/td><td>2<\/td><td>ABC 100 Call<\/td><td>US$ 3,30<\/td><td>US$ 6,60<\/td><\/tr><tr><td>Compra<\/td><td>1<\/td><td>ABC 105 Call<\/td><td>US$ 1,45<\/td><td>(US$ 1,45)<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Custo l\u00edquido<\/td><td>(US$ 1,25)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Agora veremos o impacto da posi\u00e7\u00e3o no vencimento. Vamos considerar diversos pre\u00e7os diferentes. Como voc\u00ea pode ver, o pior cen\u00e1rio \u00e9 uma perda de US$ 1,25. O melhor cen\u00e1rio \u00e9 um lucro de US$ 3,75.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong>Pre\u00e7o no vencimento<\/strong><\/td><td><strong>Op\u00e7\u00e3o call 95<\/strong> <strong>Lucros \/ Perdas<\/strong><\/td><td><strong>Op\u00e7\u00e3o call 100<\/strong> <strong>Lucros \/ Perdas<\/strong><\/td><td><strong>Op\u00e7\u00e3o call 105<\/strong> <strong>Lucros \/ Perdas<\/strong><\/td><td><strong>Cr\u00e9dito \/ d\u00e9bito l\u00edquido<\/strong><\/td><\/tr><tr><td>110<\/td><td>US$ 8,60<\/td><td>(US$ 13,40)<\/td><td>US$ 3,55<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>105<\/td><td>US$ 3,60<\/td><td>(US$ 3,40)<\/td><td>(US$ 1,45)<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>100<\/td><td>(US$ 1,40)<\/td><td>US$ 6,60<\/td><td>(US$ 1,45)<\/td><td>US$ 3,75<\/td><\/tr><tr><td>95<\/td><td>(US$ 6,40)<\/td><td>US$ 6,60<\/td><td>(US$ 1,45)<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>90<\/td><td>(US$ 6,40)<\/td><td>US$ 6,60<\/td><td>(US$ 1,45)<\/td><td>(US$ 1,25)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-short-call-butterfly-spread\"><em>Short Call Butterfly Spread<\/em><\/h3>\n\n\n\n<p>Estas s\u00e3o as opera\u00e7\u00f5es de um Short Call Butterfly Spread. Voc\u00ea vende uma call in-the-money e uma call out-of-the-money enquanto compra duas calls at-the-money.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong>Compra \/ Venda<\/strong><\/td><td><strong>Contratos<\/strong><\/td><td><strong>S\u00e9rie<\/strong><\/td><td><strong>Pre\u00e7o<\/strong><\/td><td><strong>Custo<\/strong><\/td><\/tr><tr><td>Venda<\/td><td>1<\/td><td>ABC 95 Call<\/td><td>US$ 6,40<\/td><td>US$ 6,40<\/td><\/tr><tr><td>Compra<\/td><td>2<\/td><td>ABC 100 Call<\/td><td>US$ 3,30<\/td><td>(US$ 6,60)<\/td><\/tr><tr><td>Venda<\/td><td>1<\/td><td>ABC 105 Call<\/td><td>US$ 1,45<\/td><td>US$ 1,45<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Lucro l\u00edquido<\/td><td>US$ 1,25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Estes s\u00e3o os resultados poss\u00edvel considerando um pre\u00e7o no vencimento entre US$ 90 e US$ 110. O ganho m\u00e1ximo \u00e9 US$ 1,25, enquanto a perda m\u00e1xima \u00e9 de US$ 3,75.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong><strong>Pre\u00e7o no vencimento<\/strong><\/strong><\/td><td><strong><strong>Op\u00e7\u00e3o call 95<\/strong> <strong>Lucros \/ Perdas<\/strong><\/strong><\/td><td><strong><strong>Op\u00e7\u00e3o call 100<\/strong> <strong>Lucros \/ Perdas<\/strong><\/strong><\/td><td><strong><strong>Op\u00e7\u00e3o call 105<\/strong> <strong>Lucros \/ Perdas<\/strong><\/strong><\/td><td><strong><strong>Cr\u00e9dito \/ d\u00e9bito l\u00edquido<\/strong><\/strong><\/td><\/tr><tr><td>110<\/td><td>(US$ 8,60)<\/td><td>US$ 13,40<\/td><td>(US$ 3,55)<\/td><td>US$ 1,25<\/td><\/tr><tr><td>105<\/td><td>(US$ 3,60)<\/td><td>US$ 3,40<\/td><td>US$ 1,45<\/td><td>US$ 1,25<\/td><\/tr><tr><td>100<\/td><td>US$ 1,40<\/td><td>(US$ 6,60)<\/td><td>US$ 1,45<\/td><td>(US$ 3,75)<\/td><\/tr><tr><td>95<\/td><td>US$ 6,40<\/td><td>(US$ 6,60)<\/td><td>US$ 1,45<\/td><td>US$ 1,25<\/td><\/tr><tr><td>90<\/td><td>US$ 6,40<\/td><td>(US $6,60)<\/td><td>US$ 1,45<\/td><td>US$ 1,25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Long Put Butterfly Spread<\/em><\/strong><\/h3>\n\n\n\n<p>Ao empregar um Long Put Butterfly Spread, voc\u00ea comprar\u00e1 uma put in-the-money e uma put out-of-the-money enquanto vende duas puts at-the-money.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong><strong>Compra \/ Venda<\/strong><\/strong><\/td><td><strong>Contratos<\/strong><\/td><td><strong>S\u00e9rie<\/strong><\/td><td><strong>Pre\u00e7o<\/strong><\/td><td><strong>Custo<\/strong><\/td><\/tr><tr><td>Compra<\/td><td>1<\/td><td>ABC 95 Put<\/td><td>US$ 1,45<\/td><td>(US$ 1,45)<\/td><\/tr><tr><td>Venda<\/td><td>2<\/td><td>ABC 100 Put<\/td><td>US$ 3,30<\/td><td>US$ 6,60<\/td><\/tr><tr><td>Compra<\/td><td>1<\/td><td>ABC 105 Put<\/td><td>US$ 6,40<\/td><td>(US$ 6,40)<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Custo l\u00edquido<\/td><td>US$ 1,25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Os resultados poss\u00edveis para um Long Put Butterfly Spread, considerando um pre\u00e7o entre US$ 90 e US$ 110, s\u00e3o os seguintes.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong><strong><strong>Pre\u00e7o no vencimento<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Op\u00e7\u00e3o put 95<\/strong> <strong>Lucros \/ Perdas<\/strong><\/strong><\/strong><\/td><td><strong>Op\u00e7\u00e3o put 100 Lucros \/ Perdas<\/strong><\/td><td><strong><strong><strong>Op\u00e7\u00e3o put 105<\/strong> <strong>Lucros \/ Perdas<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Cr\u00e9dito \/ d\u00e9bito l\u00edquido<\/strong><\/strong><\/strong><\/td><\/tr><tr><td>110<\/td><td>(US$ 1,45)<\/td><td>US$ 6,60<\/td><td>(US$ 6,40)<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>105<\/td><td>(US$ 1,45)<\/td><td>US$ 6,60<\/td><td>(US$ 6,40)<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>100<\/td><td>(US$ 1,45)<\/td><td>US$ 6,60<\/td><td>(US$ 1,40)<\/td><td>US$ 3,75<\/td><\/tr><tr><td>95<\/td><td>(US$ 1,45)<\/td><td>(US$ 3,40)<\/td><td>US$ 3,60<\/td><td>(US$ 1,25)<\/td><\/tr><tr><td>90<\/td><td>US$ 3,55<\/td><td>(US$ 13,40)<\/td><td>US$ 8,60<\/td><td>(US$ 1,25)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Short Put Butterfly Spread<\/em><\/strong><\/h3>\n\n\n\n<p>Em um Short Put Butterfly Spread, voc\u00ea dever\u00e1 vender uma put in-the-money e uma put out-of-the-money enquanto compra duas puts at-the-money.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong><strong><strong>Compra \/ Venda<\/strong><\/strong><\/strong><\/td><td><strong>Contratos<\/strong><\/td><td><strong>S\u00e9rie<\/strong><\/td><td><strong>Pre\u00e7o<\/strong><\/td><td><strong>Custo<\/strong><\/td><\/tr><tr><td>Venda<\/td><td>1<\/td><td>ABC 95 Put<\/td><td>US$ 1,45<\/td><td>US$ 1,45<\/td><\/tr><tr><td>Compra<\/td><td>2<\/td><td>ABC 100 Put<\/td><td>US$ 3,30<\/td><td>(US$ 6,60)<\/td><\/tr><tr><td>Venda<\/td><td>1<\/td><td>ABC 105 Put<\/td><td>US$ 6,40<\/td><td>US$ 6,40<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td>Lucro l\u00edquido<\/td><td>US$ 1,25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Com um intervalo de pre\u00e7os entre US$ 90 e US$ 110, voc\u00ea pode ver que o lucro m\u00e1ximo \u00e9 de US$ 1,25, enquanto a perda m\u00e1xima \u00e9 de US$ 3,75.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"table-design-1\"><tbody><tr><td><strong><strong><strong>Pre\u00e7o no vencimento<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Op\u00e7\u00e3o put 95 Lucros \/ Perdas<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Op\u00e7\u00e3o put 100 Lucros \/ Perdas<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Op\u00e7\u00e3o put 105 Lucros \/ Perdas<\/strong><\/strong><\/strong><\/td><td><strong><strong><strong>Cr\u00e9dito \/ d\u00e9bito l\u00edquido<\/strong><\/strong><\/strong><\/td><\/tr><tr><td>110<\/td><td>US$ 1,45<\/td><td>(US$ 6,60)<\/td><td>US$ 6,40<\/td><td>US$ 1,25<\/td><\/tr><tr><td>105<\/td><td>US$ 1,45<\/td><td>(US$ 6,60)<\/td><td>US$ 6,40<\/td><td>US$ 1,25<\/td><\/tr><tr><td>100<\/td><td>US$ 1,45<\/td><td>(US$ 6,60)<\/td><td>US$ 1,40<\/td><td>(US$ 3,75)<\/td><\/tr><tr><td>95<\/td><td>US$ 1,45<\/td><td>US$ 3,40<\/td><td>(US$ 3,60)<\/td><td>US$ 1,25<\/td><\/tr><tr><td>90<\/td><td>(US$ 3,55)<\/td><td>US$ 13,40<\/td><td>(US$ 8,60)<\/td><td>US$ 1,25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Obviamente, esses valores s\u00e3o relativamente baixos. No entanto, eles d\u00e3o uma ideia dos ganhos e perdas potenciais m\u00e1ximos que voc\u00ea pode obter usando estrat\u00e9gias de butterfly spread. \u00c9 claro que aumentar o n\u00famero de contrato impactar\u00e1 o lucro e o preju\u00edzo potenciais. Por outro lado, eles sempre ser\u00e3o limitados.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Risco\/retorno do Butterfly Spread<\/strong><\/h2>\n\n\n\n<p>A chave para um butterfly spread \u00e9 que tanto as perdas quanto os ganhos s\u00e3o limitados no momento em que voc\u00ea abre a posi\u00e7\u00e3o. Voc\u00ea precisa abrir os quatro contratos ao mesmo tempo e tamb\u00e9m fechar todos eles ao mesmo tempo para manter esse controle. <\/p>\n\n\n\n<p>As estrat\u00e9gias de Long Call e Long Put Butterfly tiram proveito de uma falta de movimento e o recebimento do valor do tempo em op\u00e7\u00f5es at-the-money. Esses tipos de butterfly spread s\u00e3o \u00fateis para mercados laterais ou a\u00e7\u00f5es que talvez tenham divulgados seus resultados recentemente, com poucas not\u00edcias sendo esperadas no curto prazo. Como resultado, \u00e9 comum ver investidores, principalmente traders, saindo de a\u00e7\u00f5es um pouco antes ou um pouco depois dos resultados.<\/p>\n\n\n\n<p>J\u00e1 as estrat\u00e9gias Short Call e Short Put Butterfly tentam aproveitar um grau de volatilidade de alta ou de baixa. A compra de op\u00e7\u00f5es at-the-money tem um custo relativamente baixo. Ao mesmo tempo, vender uma op\u00e7\u00e3o in-the-money cria um certo grau de retorno. Estrat\u00e9gias de Short Butterfly s\u00e3o \u00fateis quando um mercado ou uma a\u00e7\u00e3o tiveram altas insustent\u00e1veis sem nenhuma not\u00edcia nova. Se surgirem novas not\u00edcias, ent\u00e3o o pre\u00e7o pode subir ainda mais. Enquanto isso, a falta de not\u00edcias tamb\u00e9m pode gerar lucro. De qualquer forma, h\u00e1 uma boa chance de haver volatilidade no curto a m\u00e9dio prazo.<\/p>\n\n\n\n<p>O retorno potencial depender\u00e1 dos pre\u00e7os da op\u00e7\u00e3o subjacente, o que levar\u00e1 em considera\u00e7\u00e3o o valor intr\u00ednseco e o valor do tempo. Enquanto a s\u00e9rie de op\u00e7\u00f5es at-the-money tende a ser mais ativa, o valor do tempo \u00e9 muitas vezes maior do que as op\u00e7\u00f5es out-of-the-money. No entanto, como voc\u00ea viu nos exemplos acima, \u00e9 relativamente f\u00e1cil calcular a rela\u00e7\u00e3o entre risco e retorno para qualquer estrat\u00e9gia de butterfly spread.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Considera\u00e7\u00f5es finais<\/strong><\/h2>\n\n\n\n<p>Ao analisar o b\u00e1sico de qualquer estrat\u00e9gia de butterfly spread, seja short ou long, a chave \u00e9 utilizar o valor do tempo e o valor intr\u00ednseco nos pre\u00e7os das op\u00e7\u00f5es. O fato de voc\u00ea tamb\u00e9m estar assumindo posi\u00e7\u00f5es de garantia pode limitar tanto os ganhos quanto as perdas. Nesse caso, tentar proteger sua carteira enquanto maximiza poss\u00edveis oscila\u00e7\u00f5es de curto e m\u00e9dio prazo pode ser um bom meio de criar um rendimento adicional.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Em algum momento, voc\u00ea provavelmente vai se deparar com o termo &#8220;butterfly spread&#8221;, ou &#8220;spread borboleta&#8221;. \u00c9 uma estrat\u00e9gia muito popular entre os traders, mas por qu\u00ea? Posi\u00e7\u00f5es short butterfly ou long butterfly podem ser extremamente \u00fateis para criar cen\u00e1rios com risco e retorno limitados. Em seguida, dependendo da estrutura da posi\u00e7\u00e3o, voc\u00ea pode maximizar [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":26520,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3334],"tags":[],"class_list":["post-26361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guia-sobrevivencia-trader"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Butterfly Spread - Um guia das estrat\u00e9gias Short e Long Butterfly<\/title>\n<meta name=\"description\" content=\"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Butterfly Spread - Um guia explicando Short e Long Butterfly - Earn2Trade Blog\" \/>\n<meta property=\"og:description\" content=\"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\" \/>\n<meta property=\"og:site_name\" content=\"Earn2Trade Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/earn2trade\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-06T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-11T05:53:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Benson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@earn2trade\" \/>\n<meta name=\"twitter:site\" content=\"@earn2trade\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Benson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"13 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\"},\"author\":{\"name\":\"Mark Benson\",\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/person\/2150864c75a264c2a42d1783ee920b51\"},\"headline\":\"Butterfly Spread &#8211; Um guia explicando Short e Long Butterfly\",\"datePublished\":\"2022-07-06T12:00:00+00:00\",\"dateModified\":\"2022-10-11T05:53:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\"},\"wordCount\":2958,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#organization\"},\"image\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg\",\"articleSection\":[\"Guia de Sobreviv\u00eancia do Trader\"],\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\",\"url\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\",\"name\":\"Butterfly Spread - Um guia das estrat\u00e9gias Short e Long Butterfly\",\"isPartOf\":{\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg\",\"datePublished\":\"2022-07-06T12:00:00+00:00\",\"dateModified\":\"2022-10-11T05:53:38+00:00\",\"description\":\"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.\",\"breadcrumb\":{\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage\",\"url\":\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg\",\"contentUrl\":\"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg\",\"width\":1400,\"height\":620,\"caption\":\"Butterfly Spread Guide\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Butterfly Spread &#8211; Um guia explicando Short e Long Butterfly\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#website\",\"url\":\"https:\/\/earn2trade.com\/blog\/es\/\",\"name\":\"Earn2Trade Blog\",\"description\":\"O Blog Oficial da Earn2Trade em Portugu\u00eas\",\"publisher\":{\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/earn2trade.com\/blog\/es\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#organization\",\"name\":\"Earn2Trade\",\"url\":\"https:\/\/earn2trade.com\/blog\/es\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2018\/02\/logo.png\",\"contentUrl\":\"http:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2018\/02\/logo.png\",\"width\":611,\"height\":126,\"caption\":\"Earn2Trade\"},\"image\":{\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/earn2trade\/\",\"https:\/\/x.com\/earn2trade\",\"https:\/\/www.instagram.com\/earn2trade\/\",\"https:\/\/www.linkedin.com\/company\/earn2trade\/\",\"https:\/\/www.youtube.com\/channel\/UCjC2G_Aa125YZHZTkN_vZYw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/person\/2150864c75a264c2a42d1783ee920b51\",\"name\":\"Mark Benson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g\",\"caption\":\"Mark Benson\"},\"description\":\"Mark previously enjoyed 15 years as a stockbroker, and still maintains a strong interest in all things financial. He enjoys learning about the practical and theoretical side of investment, together with good old-fashioned gut instinct. Mark believes that keeping up with, and understanding the latest trends, is an important part of any investor\u2019s arsenal - knowledge is everything.\",\"url\":\"https:\/\/aky.pbv.mybluehost.me\/pt\/author\/mark\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Butterfly Spread - Um guia das estrat\u00e9gias Short e Long Butterfly","description":"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/","og_locale":"pt_BR","og_type":"article","og_title":"Butterfly Spread - Um guia explicando Short e Long Butterfly - Earn2Trade Blog","og_description":"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.","og_url":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/","og_site_name":"Earn2Trade Blog","article_publisher":"https:\/\/www.facebook.com\/earn2trade\/","article_published_time":"2022-07-06T12:00:00+00:00","article_modified_time":"2022-10-11T05:53:38+00:00","og_image":[{"width":700,"height":310,"url":"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg","type":"image\/jpeg"}],"author":"Mark Benson","twitter_card":"summary_large_image","twitter_creator":"@earn2trade","twitter_site":"@earn2trade","twitter_misc":{"Escrito por":"Mark Benson","Est. tempo de leitura":"13 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#article","isPartOf":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/"},"author":{"name":"Mark Benson","@id":"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/person\/2150864c75a264c2a42d1783ee920b51"},"headline":"Butterfly Spread &#8211; Um guia explicando Short e Long Butterfly","datePublished":"2022-07-06T12:00:00+00:00","dateModified":"2022-10-11T05:53:38+00:00","mainEntityOfPage":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/"},"wordCount":2958,"commentCount":0,"publisher":{"@id":"https:\/\/earn2trade.com\/blog\/es\/#organization"},"image":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage"},"thumbnailUrl":"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg","articleSection":["Guia de Sobreviv\u00eancia do Trader"],"inLanguage":"pt-BR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/","url":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/","name":"Butterfly Spread - Um guia das estrat\u00e9gias Short e Long Butterfly","isPartOf":{"@id":"https:\/\/earn2trade.com\/blog\/es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage"},"image":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage"},"thumbnailUrl":"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg","datePublished":"2022-07-06T12:00:00+00:00","dateModified":"2022-10-11T05:53:38+00:00","description":"Por que a estrat\u00e9gia de butterfly spread \u00e9 t\u00e3o popular entre os traders? Descubra como ela pode ajud\u00e1-lo em diversas condi\u00e7\u00f5es de mercado.","breadcrumb":{"@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#primaryimage","url":"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg","contentUrl":"https:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2021\/07\/Butterfly-Spread-Guide.jpg","width":1400,"height":620,"caption":"Butterfly Spread Guide"},{"@type":"BreadcrumbList","@id":"https:\/\/aky.pbv.mybluehost.me\/pt\/guia-butterfly-spread\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aky.pbv.mybluehost.me\/pt\/"},{"@type":"ListItem","position":2,"name":"Butterfly Spread &#8211; Um guia explicando Short e Long Butterfly"}]},{"@type":"WebSite","@id":"https:\/\/earn2trade.com\/blog\/es\/#website","url":"https:\/\/earn2trade.com\/blog\/es\/","name":"Earn2Trade Blog","description":"O Blog Oficial da Earn2Trade em Portugu\u00eas","publisher":{"@id":"https:\/\/earn2trade.com\/blog\/es\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/earn2trade.com\/blog\/es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Organization","@id":"https:\/\/earn2trade.com\/blog\/es\/#organization","name":"Earn2Trade","url":"https:\/\/earn2trade.com\/blog\/es\/","logo":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/logo\/image\/","url":"http:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2018\/02\/logo.png","contentUrl":"http:\/\/aky.pbv.mybluehost.me\/wp-content\/uploads\/2018\/02\/logo.png","width":611,"height":126,"caption":"Earn2Trade"},"image":{"@id":"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/earn2trade\/","https:\/\/x.com\/earn2trade","https:\/\/www.instagram.com\/earn2trade\/","https:\/\/www.linkedin.com\/company\/earn2trade\/","https:\/\/www.youtube.com\/channel\/UCjC2G_Aa125YZHZTkN_vZYw"]},{"@type":"Person","@id":"https:\/\/earn2trade.com\/blog\/es\/#\/schema\/person\/2150864c75a264c2a42d1783ee920b51","name":"Mark Benson","image":{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/dacddfeaaefa356d3c9c534ae30252d856f516cb229b2b0dd854ed3cc3dd6c13?s=96&d=mm&r=g","caption":"Mark Benson"},"description":"Mark previously enjoyed 15 years as a stockbroker, and still maintains a strong interest in all things financial. He enjoys learning about the practical and theoretical side of investment, together with good old-fashioned gut instinct. Mark believes that keeping up with, and understanding the latest trends, is an important part of any investor\u2019s arsenal - knowledge is everything.","url":"https:\/\/aky.pbv.mybluehost.me\/pt\/author\/mark\/"}]}},"_links":{"self":[{"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/posts\/26361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/comments?post=26361"}],"version-history":[{"count":0,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/posts\/26361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/media\/26520"}],"wp:attachment":[{"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/media?parent=26361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/categories?post=26361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aky.pbv.mybluehost.me\/pt\/wp-json\/wp\/v2\/tags?post=26361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}