Filter by Categories
Accounting
Banking

Protection Seller

A party to a credit default swap (or any other type of swap) that takes on the credit risk of...

Partial Iron Butterfly

An iron butterfly that is biased upward or downward by selling only one of the out-of-the-money options of the strangle...

Partial Swap

A swap which partially matches the debt it was picked to alter its underlying interest rate (whether from fixed to...

Put Option Premium

The up-front price a put option buyer (long) pays to a put option seller (short) against the right to exercise...

Payout

The value of an option at expiration date, i.e., the value which is received by a holder from exercising an...

Payoff

The value of an option at expiration date, i.e., the value which is received by a holder from exercising an...

Petroleum Derivative

An energy derivative which is traded on crude oil (petroleum) and petroleum derivatives (by-products). This includes contracts on crude oil,...

Positioning of Swaps

A practice whereby an intermediary enters into one side of the swap transaction, such as fixed rate payer (or floating...

Position Limit

The maximum number of option contracts that an investor can hold on one side of the market. Accordingly, long calls...

Pay-Now-Choose-Later Option

An option which gives the holder the right to choose between receiving a vanilla call option or a vanilla put...