It stands for long-term equity anticipation security; an American call or put option on securities or indexes. This kind of...

An American option contract which gives the holder the right, but not the obligation, to buy an underlying asset at...

A financial instrument (particularly a fixed income instrument) that combines the features of a zero-coupon bond and a call bond....

An approximation procedure for valuing a call option on a dividend-paying share of stock. It was developed by Fischer Black...