Are
you a regular market player ! ~ if not,
do you know what is ‘Butterfly-spread’ – for sure nothing to do with culinary !
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சினிமாக்களில் மிகைப்படுத்தப்பட்ட ஓர் உயிரினம் - வண்ணாத்திப்பூச்சி .. .. மிக அழகாக இருக்கும் - மண்ணில் பறந்து திரியும் வானவில் தான் பட்டாம் பூச்சி. வானில் தோன்றும் வானவில்லில் ஏழு நிறங்கள் மட்டுமே இருக்கும். ஆனால் பட்டாம் பூச்சிகள் பல வண்ணங்களில் பரவசப்படுத்தும். அதற்கேற்றார் போல் அதற்கு வண்ணத்துப்பூச்சி என்று மற்றொரு பெயரும் உண்டு. மனதில் காதல் வந்தால், உங்கள் தேவதையை பார்த்தவுடன் சுற்றி சுற்றி வண்ணாத்தி பூச்சிகள் பறக்குமாம் ! உங்களுக்கு பறந்ததுண்டா ? அல்லது எவ்வளவு முறை அவ்வாறு பறந்துள்ளது ?!?
திக்குத் தெரியாத காட்டில்-உன்னைத் தேடித் தேடி இளைத்தேனே.. is one of the many songs of the great Tamil
Poet Subrahmanya Barathiyar. ‘Thikku Theriyatha kattil’ (in a forest lost in
directions) was also the name of a hit movie released in 1972 starring
Muthuraman and Lakshmi … a song ‘பூப்பூவா பறந்து போகும் பட்டுப்பூச்சி அக்கா – நீ பளபளன்னு
போட்டிருப்பது யாரு கொடுத்த சொக்கா’ – a child
asking the butterfuly as to who gave it such a beautiful shirt ! – was a grand
hit of yesteryears.
In chaos theory, the
butterfly effect is the sensitive dependence on initial conditions in which a
small change in one state of a deterministic nonlinear system can result in
large differences in a later state. The term is closely associated with the
work of mathematician and meteorologist Edward
Norton Lorenz. He noted that the butterfly effect is derived
from the metaphorical example of the details of a tornado (the exact time of
formation, the exact path taken) being influenced by minor perturbations such
as a distant butterfly flapping its wings several weeks earlier. Lorenz
originally used a seagull causing a storm but was persuaded to make it more
poetic with the use of butterfly and tornado by 1972.
Butterflies (Rhopalocera)
are insects that have large, often brightly coloured wings, and a conspicuous,
fluttering flight. The group comprises the superfamilies Hedyloidea
(moth-butterflies in the Americas) and Papilionoidea. Butterfly fossils date to
the Paleocene, about 56 million years ago.
Butterflies have a
four-stage life cycle, they undergo complete metamorphosis. Winged adults lay
eggs on the food plant on which their larvae, known as caterpillars, will feed.
The caterpillars grow, sometimes very rapidly, and when fully developed, pupate
in a chrysalis. When metamorphosis is complete, the pupal skin splits, the
adult insect climbs out, and after its wings have expanded and dried, it flies
off.
We often admire butterflies
for the splendid colours on their wings, and a dark background can make
them shine even brighter. Just like strong colours in nature are often the
result of diffraction from microstructures rather than pigmentation, the
near-perfect absorption we perceive as black can have a similar origin.
If you remember the Q at the
start – ‘Butterfly spread’ : The Nifty index closed at 24,750 after losing 82 points. It
finds support at the Bollinger Bands' middle band. This level has been a
critical support zone. Nifty remains above the 61.8% Fibonacci retracement
level. The RSI indicates a short-term loss of bullish momentum. Experts suggest
a Bull Call Butterfly strategy ! to
leverage bullish momentum while mitigating risk.
In finance, a
butterfly 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 or higher than that asset's current implied
volatility. The butterfly spread is a
market-neutral trading approach that combines both bull and bear spreads to
create a risk-controlled position with capped potential profit.
3.6.2025
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