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Iron Butterfly

 
Investment Dictionary: Iron Butterfly

An options strategy that is created with four options at three consecutively higher strike prices. The two options located at the middle strike create a long or short straddle (one call and one put with the same strike price and expiration date) depending on whether the options are being bought or sold. The "wings" (options at the higher and lower strike prices) of the strategy are created by the purchase or sale of a strangle (one call and one put at different strike prices but the same expiration date). This strategy differs from the butterfly spread because it uses both calls and puts, as opposed to all calls or all puts.

Investopedia Says:
The iron butterfly strategy limits the amount of risk and reward because of the offsetting long and short positions. If the price falls dramatically and the investor holds a short straddle at the center strike price, the position is protected because of the lower long put. Conversely, when the price of the stock rises the investor is protected by the upper long call.

Related Links:
Check out some repair strategies to help boost the profit potential of a losing position. What To Do When Your Trade Goes Awry
An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. Options Basics Tutorial


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Artist: Iron Butterfly
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Iron Butterfly

Group Members:

Doug Ingle, Lee Dorman, Ron Bushy, Erik Braunn, Danny Weis, Jerry Penrod, Phil Kramer, Darryl DeLoach

Similar Artists:

Influenced By:

Followers:

Performed Songs By:

Robert Woods Edmonson, Danny Weis, Larry Reinhardt, Doug Ingle, Lee Dorman, Darryl DeLoach, Ron Bushy, Erik Braunn
See Iron Butterfly Lyrics
  • Formed: 1966, San Diego, CA
  • Disbanded: 1971
  • Genres: Rock
  • Representative Albums: "In-A-Gadda-Da-Vida," "Light and Heavy: The Best of Iron Butterfly," "Heavy"
  • Representative Songs: "In-A-Gadda-Da-Vida," "Iron Butterfly Theme," "Easy Rider (Let the Wind Pay"

Biography

The heavy, psychedelic acid rock of Iron Butterfly may seem dated to some today, but the group was one of the first hard rock bands to receive extensive radio airplay, and their best-known song, the 17-minute epic "In-A-Gadda-Da-Vida," established that more extended compositions were viable entries in the radio marketplace, paving the way for progressive AOR. The track was written by vocalist, organist, and bandleader Doug Ingle, who formed the first incarnation of Iron Butterfly in 1966 in San Diego with drummer Ron Bushy. After the group moved to Los Angeles and played the club scene, it secured a recording contract and got national exposure through tours with the Doors and Jefferson Airplane. Following the release of their 1968 debut album, Heavy, original members Jerry Penrod (bass), Darryl DeLoach (vocals), and Danny Weis (guitar) left the band and were replaced by guitarist Erik Braunn and bassist Lee Dorman. Weis went on to join Rhinoceros. The new lineup recorded In-A-Gadda-Da-Vida later that year, which sold four million copies and spent over a year in the Top Ten. (The title has been translated as "in the garden of Eden" or "in the garden of life.") A shortened version of the title track, which contained extended instrumental passages with loud guitars and classical/Eastern-influenced organ, plus a two-and-a-half-minute drum solo, reached number 30 on the singles charts. The follow-up, Ball, showed greater musical variety and went gold, but it also marked the beginning of the band's decline. Braunn left the group and was replaced by guitarists Mike Pinera and Larry "Rhino" Reinhardt, but the group's success was largely over. Iron Butterfly broke up in 1971; Braunn and Bushy re-formed the group in the mid-'70s without success. ~ Steve Huey, All Music Guide
Wikipedia: Iron Butterfly
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Iron Butterfly
Origin San Diego, California, United States
Genres Psychedelic rock, heavy metal[1] acid rock, hard rock, blues-rock
Years active 1966–1971
1974–1985
1987–present
Labels Atco, MCA
Associated acts Rhinoceros, Captain Beyond, Magic, and Gold
Website www.ironbutterfly.com
Members
Ron Bushy
Lee Dorman
Charlie Marinkovich
Martin Gerschwitz
Former members
Doug Ingle
Erik Brann (d. 2003)
Jerry Penrod
Darryl DeLoach
Danny Weis
Philip Taylor Kramer
Howard Reitzes
Bill DeMartines
Mike Pinera
Larry "Rhino" Reinhardt
Larry Rust
Eric Barnett

Iron Butterfly is an American psychedelic rock band, known for music such as 1968 hit "In-A-Gadda-Da-Vida". Their heyday was the late 1960s, but the band has been reincarnated with various members. In-A-Gadda-Da-Vida is the 31st best-selling album in the world, selling more than 25 million copies.[2]

Contents

History

Ron Bushy, Iron Butterfly performing "In a Gadda da Vida", Germany, May 2005

The band formed in 1966 in San Diego and released their debut album Heavy in 1968 after signing a deal with ATCO, an Atlantic Records subsidiary. The original members were Doug Ingle (vocals, keyboards), Jack Pinney (drums), Greg Willis (bass), and Danny Weis (guitar). They were soon joined by singer/frontman Darryl DeLoach.

Jerry "The Bear" Penrod and Bruce Morris replaced Willis and Pinney after the band relocated to Los Angeles in 1966 and Ron Bushy then came aboard when Morris' tenure proved to be a short one. All but Ingle and Bushy left the band after recording the first album in late 1967; the remaining musicians, faced with the possibility of the record not being released, quickly found replacements in bassist Lee Dorman and guitarist Erik Brann (aka Erik Braunn) and resumed touring.

Weis and Penrod went on to form the group Rhinoceros.

The 17-minute "In-A-Gadda-Da-Vida", the title track of their second album, became a Top Thirty hit in the US and made the number 9 spot on the Dutch Top 40. (Doug Ingle is reported to have said the title was an alcohol-slurred version of "In the Garden of Eden", although this may be apocryphal; see the song's page.) The members when In-A-Gadda-Da-Vida was recorded were Doug Ingle (keyboards and vocals), Lee Dorman (bass guitar), Ron Bushy (drums), and 17-year-old Erik Brann.

The band had been booked to play at Woodstock but got stuck at an airport. When their manager called the promoters of the concert they explained the situation and asked for patience. However, the manager demanded that the Butterfly be flown in by helicopter, whereupon they would "immediately" take the stage. After their set they would be paid and flown back to the airport. The manager was told that this would be taken into consideration and he would be called back. In truth, his demands were never given a second thought. Dorman later expressed regret at this turn of events, feeling the band's career may have gone further had they played the festival.[citation needed] According to drummer, Ron Bushy, "We went down to the Port Authority three times and waited for the helicopter, but it never showed up."[3]

The next album, Ball, topped the charts, but more lineup changes followed. In 1970, with Erik Braunn gone, Iron Butterfly released their fourth studio album, Metamorphosis with two new members, guitarist/vocalist/songwriter Mike Pinera (whose Blues Image had opened for the Butterfly's Vida tour and who later led Ramatam and played with Alice Cooper) and guitarist Larry "Rhino" Reinhardt. The album only managed to get into the top twenty. The band broke up after playing a final show on May 23, 1971. Dorman and Reinhardt would subsequently found Captain Beyond, releasing three albums with that band during 1972-77.

The band reformed in 1974 with Ron Bushy and Eric Brann joined by bassist Philip Taylor Kramer and keyboardist Howard Reitzes. (Kramer later made news with his 1995 disappearance and the discovery of his bones and minivan at the bottom of Decker Canyon in 1999). The albums released during this lineup: Scorching Beauty in January 1975 with Reitzes and Sun and Steel in October 1975 with Bill DeMartines replacing Reitzes.[citation needed]

From 1977 on, Dorman took over the Iron Butterfly moniker and has led several lineups since then (see below for a chronology of IB's lineups) with former members (Bushy, Ingle, Brann, etc.) coming and going. Other than another brief break between late 1985 and early 1987, the group has continued to this day with Dorman & Bushy currently leading the charge.[citation needed]

Iron Butterfly's In-A-Gadda-Da-Vida line-up of Ingle/Brann/Bushy/Dorman reunited for the Atlantic Records 40th Anniversary concert and celebration, appearing on stage along with the surviving members of Led Zeppelin, and with Aretha Franklin among many other acts of the company's roster on May 14, 1988. The reunited foursome also played a 30 city tour that same year.[citation needed]

On October 3, 2002, original guitarist/vocalist Darryl DeLoach died of liver cancer at the age of 56.[citation needed]

On July 25, 2003, Erik Brann died of cardiac failure at the age of 52. He was working on a new solo album at the time of his death. The album to date remains unreleased, although friends and family of Braunn are working on releasing the album.[citation needed]

Iron Butterfly Lineups

Main article: List of Iron Butterfly band members (Based on information supplied by Rick Gagnon & Jim Mullen, taken from various IB articles and interviews over the years)

Discography

Singles

Here is a full listing of 45's released by the band in the USA and Overseas.

  • "Don't Look Down On Me" b/w "Possession"
  • "Possession" b/w "Evil Temptation"
  • "Unconscious Power" b/w "Possession"
  • "In-A-Gadda-Da-Vida" (2:52 edit) b/w "Iron Butterfly Theme" (3:25 edit)
  • "Soul Experience" b/w "In The Crowds"
  • "In The Time Of Our Lives" b/w "It Must Be Love" (Some have the full 4:47 album version of the A-side, others the 3:15 edit)
  • "Easy Rider" b/w "Soldier In Our Town"
  • "New Day" b/w "Soldier In Our Town" (European release)
  • "Silly Sally" b/w "Stone Believer"
  • "Silly Sally" b/w "Talkbox Solo from Butterfly Bleu" (B-side is the talkbox section from the song) (European release)
  • "Shady Lady" b/w "Best Years Of Our Lives" (European release)
  • "Pearly Gates" b/w "Searchin' Circles" (Both songs heavily edited)
  • "High On A Mountain Top" b/w "Scion" (Early, shorter version)
  • "Beyond The Milky Way" b/w "Get It Out"
  • "I'm Right I'm Wrong" (3:50 edit) b/w "Free" (Promo copies exist only)
  • "In-A-Gadda-Da-Vida" (2:52 edit) b/w "Soul Experience" (Atlantic Oldies re-release)
  • Thai EP: "In-A-Gadda-Da-Vida" (The song plays from the beginning and fades just before the drum solo) b/w "Get Ready" (Rare Earth)

EPs

  • "Iron Butterfly Theme" b/w "Look For The Sun", "Possession"
  • RADIO EP: "Iron Butterfly Theme", "Possession" b/w "Get Out Of My Life Woman", "Unconscious Power"
  • "In-A-Gadda-Da-Vida", "Flowers and Beads" b/w "My Mirage"

Albums

Bootlegs

  • Live At The Galaxy Club 1967 (1967)
  • Live 11/27/1968 (1968)
  • Stone Believer: Live in Copenhagen, Denmark (Jan. 25, 1971)
  • Live in Germany: 4/18/1997 (1997)
  • Live in Cortland NY 8/19/2000 (2000)
  • Live at the Firwood in Fife, WA (2001)
  • Live in Butler, PA - 2/4/2006 (2006)

Videography

(Contains video performances of Easy Rider (3:21), In-A-Gadda-Da-Vida (17:03) & Butterfly Blue (19:51)

  • Rock 'N' Roll Greats In Concert! (Passport Video) 2004

(Contains video performances of the full concert at Itchycoo Park venue in 1999)

  • Concert and Documentary: Europe 1997 (Studio ABC Records UK, ABCVP126DVD) 2008 (Europe), 2009 (Rest of World)

(Contains video performance as well as a documentary of Iron Butterfly's 1997 European Tour)

Trivia

Book References

  • Buckley, Peter (2003). The Rough Guide to Rock. London: Rough Guides. ISBN 1843531054. 

Other References

  1. ^ Buckley 2003, p. 523 "It is widely believed that the term 'heavy metal' was coined to describe the less than delicate sound of Iron Butterfly, a band vilified when they first emerged and still not accorded the respect they deserve."
  2. ^ Iron Butterfly's in an IRA ad? Bummer | The San Diego Union-Tribune
  3. ^ Mover, Johnathan. Iron Butterfly's Ron Bushy Making History drumheadmag.com. Retrieved on 2009-08-31.

External links


Best of the Web: Iron Butterfly
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