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Derivatives




Put Albatross


An albatross spread that involves only put options. In other words, it is established by buying one in-the-money put, selling one at-the-money put, selling one out-of-the-money put and finally buying a further out-of-the-money put.

Put albatross: long ITM put + short ATM put + short OTM put + long OTM put



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Derivatives have increasingly become very important tools in finance over the last three decades. Many different types of derivatives are now traded actively on ...
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