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“He looked out sentimentally at his friends: the ethereal castanets of the butterflies.”
“Some butterflies, notably the , and feed on and can be found on damaged areas of tree trunks. They are also attracted to the smell of dung and manure.”
“But these are flowers that fly and all but sing.”
“Butterflies … not quite birds as they were not quite flowers, mysterious and fascinating as are all indeterminate creatures.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
In finance, a butterfly (or simply fly) is a limited risk, non-directional options strategy that is designed to have a high probability of earning a limited profit when the future volatility of the underlying asset is expected to be lower (when long the butterfly) or higher (when short the butterfly) than that asset's current implied volatility.
Not who you're looking for? Others named butterfly: group of insects in the order Lepidoptera · three-part British television drama series · 2001 song by Kylie Minogue · 2005 song by Kumi Koda