Butterfly COPX for 21 Jan'25.
This butterfly for COPX. (copper ETF) for 21 Jan 2025 at 55/57/59 is very interesting as it has a ratio of 1:20. (i.e. $1000 purchase for this butterfly today can turn into $20,000 if COPX reaches a price of 57 on 21 January.
If COPX closes between 55 and 59 in Jan'25 then a percentage of the $20,000 will be the profit.
If COPX closes between 55 and 59 in Jan'25 then a percentage of the $20,000 will be the profit.
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