A neutral option strategy (in essence, it is a short straddle strategy) that is based on two legs involving selling…
An option trading strategy that combines a bull call spread with a bear put spread. It could also be constructed…
An interest rate swap whereby the notional principal amount grows over its time to expiration. Such a swap is particularly…
A type of first loss credit default swaps (FLCDS) or tranche loss credit default swaps (TLCDS) in which the reference asset…
A guts spread that is established by combining short in-the-money calls and short in-the-money puts, with all options having the…
A synthetic futures which consists of a short call and a long put: Short synthetic futures position = short call…
An option cycle defines the sequence of months in which the expiration dates of an option (stock option) can occur. To…
An interest rate futures contract in which the underlying is typically the three-month interest rate on a floating rate such as LIBOR, EURIBOR, etc. Some firms…
A diagonal put spread which involves selling a higher-strike put option and buying a lower-strike put option, with the overall…
An abbreviation for short-term interest rate futures. It is an interest rate futures contract in which the underlying is typically...
